The Board of Directors recommend Final Dividend for the FY ended 31st March, 2026
MANYAVAR · price
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Vedant Fashions (Manyavar brand) reported FY2026 results with revenue of ₹14,355 million, up 3.5% from ₹13,865 million in FY2025. However, profit declined 3.3% to ₹3,755 million from ₹3,885 million. The Board recommended a final dividend of ₹7.75 per equity share (face value ₹1), subject to shareholder approval at the AGM. Total equity stands at ₹19,643 million. The company issued 29,094 shares to employees on stock option exercise during the year. Auditors gave an unqualified opinion on the financial statements.
The dividend declaration signals stable cash generation, though the YoY profit decline may create mixed sentiment. The ₹7.75 per share dividend represents a significant payout relative to the ₹1 face value, indicating confidence in financial stability despite modest revenue growth.