Vaibhav Global Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
VAIBHAVGBL · price
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Vaibhav Global's Board recommended a final dividend of Rs. 1.50 per equity share (75% on face value of Rs. 2) for FY2026, subject to shareholder approval at the August 4, 2026 AGM. Including Rs. 4.50 per share in interim dividends already paid (Rs. 1.50 per quarter), total dividend for FY2026 is Rs. 6.00 per share. The company reported strong FY2026 consolidated profit of Rs. 28,185.24 lakhs, up 40.8% year-over-year, on consolidated revenue of Rs. 3,69,178.57 lakhs (up 9.2%). Consolidated EPS stood at Rs. 15.97 vs Rs. 9.25 in the prior year. Exceptional items included Rs. 2,501.55 lakhs impairment of goodwill for Mindful Souls B.V. and Rs. 2,969.08 lakhs grant income from the US ERC scheme.
The 4x increase in total dividend from the prior year's final dividend signals strong profitability and cash generation, which is positive for shareholder returns and likely supportive of the stock price.