Maharashtra Scooters Limited Full Year Profit Surges to ₹310.56 Crore

Maharashtra Scooters Limited has reported a strong financial performance for the year ended 31 March 2026. The company achieved a profit after tax of ₹310.56 crore. Reflecting this robust growth, the Board of Directors has recommended a final dividend of ₹60 per share, representing a 600% payout. The company’s Annual General Meeting is scheduled for 29 July 2026, where shareholders will vote on the dividend proposal.

Financial Highlights

For the fiscal year ending 31 March 2026, Maharashtra Scooters Limited delivered a solid financial performance, reporting a profit after tax of ₹310.56 crore. The total revenue from operations for the year stood at ₹312.76 crore, supported by significant interest and dividend income. The company maintains a healthy financial position as it focuses on its core strategy as an investment-focused entity.

Dividend and Shareholder Returns

In a move to reward shareholders, the Board of Directors has recommended a final dividend of ₹60 per equity share, having a face value of ₹10. This represents a 600% dividend distribution. The record date for determining shareholder eligibility for this dividend has been set for 30 June 2026. If approved at the upcoming Annual General Meeting, the dividend payment is expected to be credited by 4 August 2026.

Annual General Meeting Details

The company has officially scheduled its Annual General Meeting to take place on Wednesday, 29 July 2026. Shareholders will convene to review the annual financial results and finalize the dividend payout. This meeting serves as a key touchpoint for the company to engage with its investors and outline its performance trajectory for the previous year.

Audit Confirmation

The financial results for the year ended 31 March 2026 have been audited by KKC & Associates LLP. The audit report carries an unmodified opinion, confirming that the financial statements provide a true and fair view of the company’s performance and adherence to standard accounting principles.

Source: BSE

Previous Article

Supriya Lifescience Ltd. USFDA Concludes Inspection of Lote Manufacturing Facility

Next Article

Hyundai Motor India Customs Order Regarding Air Purifier Classification