Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of 6.8 per equity share
As filed · Redington Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of 6.8 per equity share.
What happened
FactRedington Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of 6.8 per equity share. Recommendation of final dividend and payment date: dividend of Rs. 6.80 (340% of face value) per equity share of Rs. 2/- each, subject to approval.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedNet profit for the quarter excluding exceptional items stood at ₹467 crore and net profit margin at 1.4%.
For FY26, Redington delivered revenue of ₹119,347 crore, representing year-on-year growth of 20% and net profit margin stood at 1.3%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- And that creates an opportunity of about $700 billion by 2028. (management committed by FY29)
- Our expectation -- internal expectation in the next 3 years, we should be more than doubling our revenue in th (management committed by FY29)
Evidence
- Redington Limited has informed the Exchange regarding Change in Auditors of the company.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%