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Home / Business and Economy / KPR Mill Dividends: A Boost Amidst Tariff Shifts

KPR Mill Dividends: A Boost Amidst Tariff Shifts

9 Feb

•

Summary

  • KPR Mill declared an interim dividend of ₹2.50 per share for FY26.
  • Revenue declined to ₹1,406.45 crore due to higher US tariffs.
  • US tariff reduction benefits India, improving textile sector competitiveness.
KPR Mill Dividends: A Boost Amidst Tariff Shifts

KPR Mill, a major Indian textile producer, has announced an interim dividend of ₹2.50 per share for the financial year 2025-26. This decision was made alongside the company's December quarter performance report.

The company reported consolidated revenue from operations at ₹1,406.45 crore, a decrease from the previous year's ₹1,467.42 crore. This decline was attributed to increased US tariffs, which also affected its profit margins.

However, a recent joint statement between India and the US details an agreement to lower tariffs. US President Donald Trump has initiated an order to revoke additional tariffs, reducing the effective rate on Indian imports. This move places India in a competitive position against other Asian economies facing higher tariffs.

The reduction in US tariffs is seen as a significant positive for the textile sector, alleviating concerns that global buyers might shift orders to countries like Bangladesh and Vietnam. This development follows a landmark free trade agreement finalized between India and the European Union in January.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
KPR Mill announced an interim dividend of ₹2.50 per equity share for the financial year 2025-26.
Higher US tariffs impacted KPR Mill's revenue, causing a decline to ₹1,406.45 crore in the recent reporting period.
The reduction in US tariffs offers India's textile sector a competitive advantage, removing concerns about buyers diversifying orders to other countries.

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