Apar Industries Proposes Rs 60 Dividend Post Strong Q1

Apar Industries has announced a proposed dividend of Rs 60 per equity share, pending shareholder approval at the upcoming Annual General Meeting (AGM). This significant payout represents 600% of the share's face value and is tied to the company's strong performance in the financial year 2025-26. The record date for determining eligibility for this dividend and other corporate actions has been set as September 14, 2026.

The company's 37th AGM is scheduled for September 21, 2026, commencing at 2:30 pm, and will be conducted virtually. Eligibility for the dividend rests with shareholders whose names are registered by the record date. Any dividend approved will be distributed within the statutory timeframe following the meeting.

This dividend announcement is underpinned by a substantial improvement in Apar Industries' financial results for the June quarter (Q1FY27). Consolidated net profit saw a year-on-year increase of 77.8%, reaching Rs 467 crore from Rs 263 crore in the same period last year. Revenue from operations also grew robustly by 29.1% to Rs 6,591 crore.

The robust quarterly performance has positively impacted the company's stock value. Apar Industries' shares have appreciated by approximately 20% over the past month, trading near their 52-week high. The market capitalization of the company stood at around Rs 68,330 crore as of August 25, 2026.