Thermax Limited has intimated the record date for final dividend of FY 2025-26.
THERMAX · price
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Thermax Limited announced its Board meeting outcomes on May 7, 2026. The Board approved audited financial results showing consolidated revenue from operations of Rs 10,694.15 crore for FY 2025-26, up from Rs 10,369.26 crore in the previous year. Consolidated profit before tax stood at Rs 1,007.94 crore versus Rs 884.47 crore in FY 2024-25. The Board recommended a final dividend of Rs 14 per share and declared a special dividend of Rs 6 per share to mark Thermax's 60th anniversary, totaling Rs 20 per share (1000% on face value of Rs 2). The record date for dividend payment is fixed as July 3, 2026. Additionally, the Board re-appointed Dr. Ravi Shankar Gopinath as Non-Executive Independent Director and appointed Ms. Kavita Singh as Chief Human Resources Officer. Statutory auditors issued an unmodified (clean) opinion on the financial results.
The company reported steady profit growth of approximately 14% year-on-year with a generous dividend payout including a special dividend for its milestone anniversary, which is positive for shareholders. The clean audit opinion indicates no material concerns.