VINDHYATELNSEVindhya Telelinks Limited· Cables - TelecomHighPositive
Announced Sat, 23 May · 20:46 IST

Vindhya Telelinks Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2026, recommended Final Dividend of Rs. 6 per equity share.

Corporate Actions View source PDF

VINDHYATEL · price

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AI summary

Vindhya Telelinks reported audited FY2026 standalone revenue of Rs. 35,663 lakhs, down 12% from Rs. 40,538 lakhs in FY2025. Standalone profit after tax declined to Rs. 5,279 lakhs from Rs. 11,548 lakhs, largely due to lower EPC segment profitability. However, consolidated PAT rose to Rs. 22,018 lakhs from Rs. 20,284 lakhs, boosted by higher share in associate profits (Rs. 22,412 lakhs vs Rs. 11,764 lakhs). The Board recommended a dividend of Rs. 6 per share (60% on face value Rs. 10), same as the previous year, subject to shareholder approval at the ensuing AGM. Additional approvals include NCD issuance up to Rs. 200 crores, Rs. 65 crores capex for optical fibre cable capacity expansion at Rewa, new independent director appointment, and a scheme of amalgamation with Birla Cable Limited.

Likely market impact

The unchanged dividend despite lower standalone earnings signals management confidence in the business. The Rs. 200 crore debt raise and capex expansion indicate growth investments. The consolidation through Birla Cable amalgamation may create synergies in the cables segment.