Suyog Telematics Limited has informed the Exchange regarding recommendation of Final Dividend for the financial year ended March 31, 2026
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Suyog Telematics Board has recommended a final dividend of Rs. 1 per equity share (10% on face value of Rs. 10) for FY 2025-26, totaling Rs. 1.17 crore. This is subject to shareholder approval at the upcoming AGM. The company reported strong financial results with consolidated revenue of Rs. 22,762.55 lakh and net profit of Rs. 6,307.10 lakh, up significantly from Rs. 4,055.39 lakh in the previous year. Basic EPS improved to Rs. 54.70 from Rs. 34.55. The auditors issued an unmodified opinion on the financial results.
The dividend signals company confidence in its financial health, driven by robust profit growth. The 55.7% jump in net profit validates the dividend payout, though the small absolute dividend amount suggests the company is retaining most earnings for growth. Shareholders should benefit modestly.