India Glycols Ltd on Tuesday (March 17) announced an interim dividend of ₹7.5 per equity share for the financial year 2025–26.
The decision was approved by the company’s Board of Directors at its meeting held on March 17. The dividend amounts to 150% of the face value of ₹5 per equity share, stated the exchange filing.
The company has fixed Monday, March 23, 2026 as the record date to determine the eligibility of shareholders for the interim dividend. The payout will be made within 30 days of the declaration to shareholders whose names appear in the company’s register of members or in the records of depositories as beneficial owners as of the record date.
India Glycols dividend history
| Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (₹) |
|---|---|---|---|
| 16 May, 2025 | 23 Sep, 2025 | Final | 5.00 |
| 28 May, 2024 | 21 Aug, 2024 | Final | 8.00 |
| 24 May, 2023 | 05 Sep, 2023 | Final | 7.50 |
| 26 May, 2022 | 29 Aug, 2022 | Final | 7.50 |
| 25 Jun, 2021 | 16 Sep, 2021 | Final | 6.00 |
Q3 performance
India Glycols reported a 19% year-on-year increase in net profit to ₹67.6 crore for the third quarter, compared with ₹56.8 crore in the same period last year.
Revenue from operations rose 5.2% YoY to ₹2,551 crore, up from ₹2,424 crore a year earlier.
Operating performance improved significantly during the quarter. EBITDA jumped 42.7% YoY to ₹176.2 crore from ₹123.5 crore in the year-ago period, while EBITDA margin expanded to 6.9% from 5%, reflecting stronger operating profitability.
Customs case update
Last week, the company said the Commissioner (Appeals), Noida, had partially upheld a customs order related to duty short payment, while setting aside a substantial portion of the penalties and fines imposed earlier.
The order, dated February 27, 2026 and received on March 12, relates to an appeal filed by India Glycols against an earlier ruling issued on March 22, 2024 by the Additional Commissioner, Noida Customs Commissionerate, Uttar Pradesh.
Under the original order, the customs authority had confirmed a duty short payment of ₹33.43 crore along with applicable interest, while also imposing a penalty of ₹82 crore and a redemption fine of ₹191.76 crore under the Customs Act, 1962.
Shares of India Glycols Ltd ended marginally lower on Tuesday, March 17, by 0.51% at 853.50 on the NSE.
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