Dividend declaration of ₹12 per share with fixed record date drives relevance.
Context
What happened: Supreme Industries declared a ₹12 per share interim dividend, a 600% payout on ₹2 face value shares, while announcing Q2 results. The record date is 30 October 2026.
Key numbers: Stock closed 4% lower at ₹3,250. Q2FY27 total income ₹3,369.96 crore, up 28.50% YoY. Net profit ₹262.44 crore, up over 59% YoY but down from ₹280.72 crore QoQ. Annual dividend of ₹48 per share gives a 1.20% yield.
Why it matters: The dividend did not support the stock, which ended the session lower. The company has paid dividends twice a year since 2018 and without interruption since 2007.
What changed
Supreme Industries declared a ₹12 per share interim dividend, a 600% payout on ₹2 face value shares, while announcing Q2 results. The record date is 30 October 2026.