Board approves interim dividend of Rs.18 per equity share for FY 2026-27
Board approved an interim dividend of Rs.18 per equity share (face value Rs.10), i.e. 180% of face value, for FY 2026-27.
By ScoutQuest · · 2 min read
- Interim dividend
- Rs.18 per equity share (face value Rs.10), i.e. 180% of face value, for FY 2026-27
- Record date
- November 11, 2026
- September quarter consolidated
- Revenue Rs.1,810.41 crore; profit after tax Rs.119.75 crore
Dividend declared
- Interim dividend of Rs.18 per equity share of face value Rs.10 each, which is 180% of the face value, for the financial year 2026-27.
- Record date for payment is November 11, 2026. The dividend is to be paid within 30 days from the date of declaration to shareholders whose names appear in the Register of Members on the record date.
- The board had earlier recommended a final dividend of Rs.22 per share (220% of face value) for FY 2025-26, aggregating Rs.78.00 crore, which was paid to shareholders during the quarter ended September 30, 2026.
September quarter, consolidated
- Revenue from operations Rs.1,810.41 crore, against Rs.1,326.17 crore in the same quarter a year earlier.
- Total income Rs.1,816.77 crore and total expenses Rs.1,665.56 crore.
- Profit after tax Rs.119.75 crore, against Rs.65.49 crore.
- Basic earnings per share Rs.33.78 and diluted Rs.33.67, not annualised.
Half year, consolidated
- Revenue from operations Rs.3,592.31 crore and total income Rs.3,601.95 crore.
- Profit after tax Rs.285.67 crore, against Rs.145.98 crore in the same half last year.
- Net cash flows generated from operating activities Rs.76.57 crore, against Rs.169.36 crore.
Standalone, for reference
- Quarter revenue from operations Rs.1,233.24 crore and profit after tax Rs.66.47 crore.
- Half year revenue from operations Rs.2,498.77 crore and profit after tax Rs.172.41 crore.
The auditors, Deloitte Haskins & Sells LLP, issued limited review reports on both the consolidated and standalone results, with conclusions that were not modified.
Other board decisions
- Re-appointment of Mr. K. Natarajan as Managing Director from February 18, 2027 to March 31, 2029, subject to approval of members.
- Appointment of M/s. S R B C & CO LLP, Chartered Accountants, as statutory auditors for a term of five years, from the conclusion of the 41st Annual General Meeting until the conclusion of the 46th Annual General Meeting, subject to approval of members.
- Mr. Niranjan Ketkar has tendered his resignation as Company Secretary and Compliance Officer with effect from December 04, 2026 (closing hours). Ms. Roopali Vikram Kamate has been appointed as Company Secretary and Compliance Officer and designated as a Key Managerial Person with effect from December 05, 2026.
One disclosure to note
- The parent company received an order dated 5th October, 2024 from Gujarat Industrial Development Corporation (GIDC) initiating proceedings to vacate land for non-utilisation within the required period, with a carrying value of Rs.72.54 crores as at 30th September, 2026. The Ankleshwar District Court has allowed the company's appeal by quashing and setting aside the eviction proceedings, and based on legal advice and pending proceedings, management has considered no provision necessary at this stage.
What this means for a shareholder
- The actionable item from this update is the interim dividend: Rs.18 per equity share, with November 11, 2026 as the record date for eligibility.
- The results show the profit figures for the quarter and half year alongside the year-earlier numbers, so the movement can be judged directly.
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More numbers
- Interim dividend per equity shareRs.18/-
- Face value per equity shareRs. 10/-
- Interim dividend as % of face value180%
- Q2 consolidated revenue from operations1,810.41 crore
- Q2 consolidated profit after tax119.75 crore
- H1 consolidated revenue from operations3,592.31 crore
- H1 consolidated total income3,601.95 crore
- H1 consolidated profit after tax285.67 crore
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