Maharashtra Scooters Limited announced robust financial results for the fiscal year ended March 31, 2026. The company reported a net profit of ₹31,056 lakh for the year. Demonstrating a commitment to rewarding shareholders, the Board of Directors has recommended a final dividend of ₹60 per equity share (600%). The Annual General Meeting is scheduled for July 29, 2026, to finalize these proposals.
Fiscal Performance Highlights
The company delivered a strong financial performance for the year ended March 31, 2026, reporting a total annual revenue of ₹31,324 lakh. Profit before tax stood at ₹30,899 lakh, while the net profit after tax reached ₹31,056 lakh. This solid financial base reflects the company’s focus on its core activity as an investment entity following the closure of its manufacturing operations in the previous year.
Dividend and Shareholder Information
The Board of Directors has recommended a final dividend of ₹60 per equity share, representing a 600% payout on the face value of ₹10. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). The company has fixed Tuesday, June 30, 2026, as the record date to determine eligibility for the dividend payment, which is expected to be credited on or before August 4, 2026.
Corporate Calendar
The company has finalized its plans for the upcoming Annual General Meeting, which is scheduled to take place on Wednesday, July 29, 2026. Shareholders are invited to participate in the meeting to review the annual financial results, which have been audited with an unmodified opinion by the statutory auditors, ensuring transparency and accountability in the company’s financial reporting.
Source: BSE