ZODIACBSEZodiac Energy LtdHighPositive
Announced Mon, 25 May · 14:35 IST

Recommendation of Final Dividend for the FY 2025-26

Corporate Actions View source PDF

ZODIAC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Directors of Zodiac Energy Ltd has recommended a final dividend of Rs. 0.75 per equity share (7.5% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the AGM. The company reported strong financial performance with standalone revenue from operations growing 33% to Rs. 543.52 crore from Rs. 407.78 crore in the previous year. Profit after tax stood at Rs. 21.07 crore, up from Rs. 19.97 crore YoY, while basic EPS improved to Rs. 13.94 from Rs. 13.38. The audit reports were unmodified. The dividend payment will be dispatched after the AGM approval.

Likely market impact

The recommendation of a regular dividend signals the company's profitability and cash generation ability. With no major corporate restructuring signals present, the filing indicates stable operations. Shareholders can expect income from the dividend after the AGM, though the exact yield depends on the prevailing stock price.