50% Dividend Alert: Rs 5 per share payout record date announced

50% Dividend Alert: Ahmedabad-based power utility company Torrent Power has fixed June 19, 2026, as the record date for its final dividend of Rs 5 per equity share for FY26. The company informed stock exchanges on June 9 that shareholders whose names appear in the register of members or depository records as of the record date will be eligible for the dividend, subject to shareholder approval at the upcoming annual general meeting (AGM).

50% Dividend

The board had recommended the final dividend of Rs 5 per share (50 per cent) , with a face value of Rs 10 each, at its meeting held on May 12. If approved by shareholders, the dividend will be paid on or after September 2, 2026.

Who will receive the dividend?

Torrent Power said eligible investors will be those whose names appear on the company's records or in the records of depositories as beneficial owners on June 19.

Earlier, the company paid an interim dividend of Rs 15 per share in February 2026.

Torrent Power’s dividend track record

The company paid:

• Interim dividend of Rs 15 per share in February 2026
• Dividend of Rs 5 per share in June 2025
• Interim dividend of Rs 14 per share in February 2025
• Dividend of Rs 4 per share in June 2024
• Interim dividend of Rs 12 per share in February 2024
• Dividend of Rs 4 per share in June 2023

The company has also announced special dividends in the past, including a combined interim and special dividend of Rs 22 per share in February 2023.

Q4 profit drops sharply

Torrent Power reported a consolidated net profit of Rs 318 crore for the quarter ended March 2026, down 69 per cent from Rs 1,060 crore in the corresponding quarter last year.

Revenue from operations slipped marginally to Rs 6,406 crore from Rs 6,456 crore a year ago.

Despite the decline in profit, operational performance remained stable. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 1.7 per cent year-on-year to Rs 1,149.3 crore from Rs 1,130.5 crore. EBITDA margin improved to 17.9 per cent from 17.5 per cent.

The generation business weighed on earnings during the quarter. The segment reported an EBIT loss of Rs 38.9 crore compared with an EBIT profit of Rs 233.8 crore in the year-ago period.

Torrent Power share price today

Torrent Power shares were trading at Rs 1,421.20 on June 10, down 0.46 per cent in afternoon trade.

The stock opened at Rs 1,434.50 and touched an intraday high of Rs 1,454.90. It fell to a low of Rs 1,414.10 during the session.

The company commands a market capitalisation of around Rs 71,690 crore. The stock has touched a 52-week high of Rs 1,824.10 and a 52-week low of Rs 1,188.00.