Please find attached the recommendation of Dividend by the Board.
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Southern Gas Ltd's Board has recommended a final dividend of Rs. 60 per equity share (60% on face value of Rs. 100) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported strong financial performance with net profit rising 49% to Rs. 270.42 lakhs from Rs. 181.16 lakhs in the previous year. Revenue from operations grew to Rs. 3,684.49 lakhs from Rs. 3,571.20 lakhs. Earnings per share improved significantly to Rs. 1,259.15 from Rs. 779.20. The board also re-appointed internal auditors for Karnataka and Kerala units for FY 2026-27. The statutory auditors issued an unmodified opinion on the audited standalone financial results.
The substantial dividend recommendation reflects the company's improved profitability and cash generation, which could be positive for shareholder returns. The strong 49% increase in net profit indicates healthy operational growth.