Sona Comstar’s board has approved an interim dividend of ₹1.60 per share. The record date for dividend entitlement is January 30, 2026. Additionally, the board approved a corporate guarantee for up to USD 10.9 million to support the borrowing facility of Comstar Automotive (Hangzhou) Co. Ltd., a subsidiary, for working capital.
Interim Dividend Announcement
The Board of Directors has declared an interim dividend of ₹1.60 per equity share (face value of ₹10 each) for the financial year 2025-26. The record date to determine shareholders’ eligibility for this dividend is set for January 30, 2026. The dividend payment will be processed within 30 days from the declaration date.
Corporate Guarantee Approval
The Board has also granted approval for the issuance of a corporate guarantee to support Comstar Automotive (Hangzhou) Co. Ltd. The guarantee covers an amount of up to USD 10.9 million (or its equivalent in Chinese Yuan). This guarantee will enable the subsidiary to secure borrowing facilities for its working capital needs. The corporate guarantee is extended for a period of 5 years from the date of issue.
Financial Performance Highlights
Sona Comstar reported its unaudited financial results for Q3 2026. Key financial figures from the announcement include:
- Revenue from operations: ₹11,277.98 Million
- Profit before tax: ₹2,045.13 Million
- Profit for the period: ₹1,526.98 Million
The earnings per share (EPS) for the quarter was reported as ₹2.46 (basic and diluted). The results reflect the Railway Business acquisition and certain exceptional items related to the new labor codes.
Source: BSE
