Maharashtra Scooters Limited has announced its financial results for the year ended 31 March 2026, reporting a robust profit after tax of ₹31,056 lakh. The Board of Directors has recommended a final dividend of ₹60 per equity share (600%) for the financial year. The company has also scheduled its Annual General Meeting for 29 July 2026, with a record date of 30 June 2026 for dividend eligibility.
Financial Performance Overview
For the financial year ended 31 March 2026, Maharashtra Scooters Limited reported a total income of ₹31,324 lakh. The company achieved a profit after tax of ₹31,056 lakh, a significant performance for the year. The earnings per share (EPS) for the period stood at ₹271.7.
Dividend Recommendation
Reflecting its commitment to shareholder value, the Board of Directors has recommended a final dividend of ₹60 per equity share, representing a 600% payout on the face value of ₹10 per share. This dividend is subject to approval by the shareholders at the upcoming Annual General Meeting. If approved, the dividend is expected to be credited on or before 4 August 2026.
Key Corporate Dates
Investors should note two critical dates regarding the dividend and annual proceedings:
- Record Date: The company has fixed Tuesday, 30 June 2026, as the record date to determine the list of shareholders eligible to receive the final dividend.
- Annual General Meeting (AGM): The company’s AGM is scheduled to take place on Wednesday, 29 July 2026.
Operational Context
Following the closure of its manufacturing operations in the previous year, Maharashtra Scooters Limited now operates as an unregistered core investment company. Its primary business activity focuses on generating income through dividends, interest, and gains from its investment portfolio.
Source: BSE
