Recommendation of Final Dividend at the Board Meeting.
VOLTAS · price
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The Board of Directors of Voltas Ltd has recommended a dividend of Rs. 4 per share on face value of Re. 1 per share (400%) for FY 2025-26, subject to shareholder approval at the 72nd Annual General Meeting. The company reported consolidated total income of ₹14,483 crores for FY 2026, down from ₹15,737 crores in FY 2025. Profit after tax stood at ₹370 crores compared to ₹834 crores in the previous year, reflecting a significant decline. The cooling segment remained impacted by subdued summer weather in H1 but showed recovery in H2. The dividend will be paid on or after the fifth day from the conclusion of the AGM.
The recommended dividend maintains shareholder returns despite a substantial drop in profits, indicating the board's confidence in the company's liquidity and future prospects. Shareholders should expect the payout after the AGM approval.