Overview
- The board approved subdividing each Rs 10 equity share into ten Rs 1 shares, subject to final shareholder and regulatory sign-offs.
- Q1 FY26 net profit climbed 11.61% to Rs 146.30 crore, with revenue edging up to Rs 145.46 crore year-on-year.
- Earnings per share rose to Rs 28.92 from Rs 25.91 in the year-ago quarter.
- The stock jumped more than 5% in trading after the combined announcement of earnings and the split.
- A record date will be declared post-approval; the stock split process is expected to conclude within two months.