Now Reading: Galaxy Surfactants declares ₹18 interim dividend, record date 11 November
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Galaxy Surfactants declares ₹18 interim dividend, record date 11 November
Galaxy Surfactants declares ₹18 interim dividend, record date 11 November
The Story in Brief
Galaxy Surfactants has announced an interim dividend of ₹18 per equity share for FY27, with 11 November fixed as the record date. The company said the dividend will be paid within 30 days from the date of declaration to shareholders on the register as of the record date. The payout follows a final dividend of ₹22 per share declared on 31 July 2026.
The company reported consolidated net profit of ₹119.8 crore in Q2 FY27, up 80.1% year-on-year, while revenue rose 36.4% to ₹1,816.8 crore. EBITDA surged 68.4% to ₹195.9 crore, and the EBITDA margin improved to 10.8%. Managing Director K. Natarajan attributed the performance to broad-based growth in India, recovery in AMET and sustained Specialty Care momentum, adding that H1 FY27 profit after tax had already surpassed full-year FY26 figures.
Indian Opinion Analysis
Galaxy Surfactants has already delivered profit after tax in the first half of FY27 that exceeded its entire FY26 figure, making the ₹18 interim dividend a direct consequence of that earnings surge. The record date falls on 11 November, and the payout must reach eligible shareholders within 30 days. The company’s own guidance flags West Asia risks to logistics and feedstock, which investors will weigh against the domestic demand momentum that drove Q2 net profit up 80.1% year-on-year. The key watch item is whether the company can sustain this pace in the second half of FY27, given the external risks it has openly named.
Source: livemint.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
