The Board approved the Final Dividend of 15% subject to the approval of shareholders in the ensuing General Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
WSFx Global Pay Limited's Board approved a final dividend of Rs. 1.50 per equity share (15% on face value of Rs. 10) for FY 2025-26, pending shareholder approval at the ensuing AGM. The company reported strong financial performance with net profit after tax of Rs. 613.92 Lakhs for FY 2025-26, up from Rs. 346.99 Lakhs in the previous year. Total income increased to Rs. 11,196.51 Lakhs from Rs. 8,911.71 Lakhs. Cash and cash equivalents nearly doubled to Rs. 1,426.17 Lakhs from Rs. 463.93 Lakhs. The dividend payout increased to Rs. 188.05 Lakhs in FY26 from Rs. 120.85 Lakhs in FY25. The Board also approved alteration of the object clause to include Payment Aggregator - Cross-Border (PA-CB) and Payment Service Provider (PSP) businesses under IFSCA regulations.
The dividend increase signals strong financial growth and cash generation. Approval at AGM should be straightforward given the improved profitability. Positive for shareholders expecting income returns.