Cords Cable’s Three-Year Dividend Streak After Long Pause

Cords Cable Limited’s Board of Directors has recommended a 12% final dividend to shareholders for FY26 on equity shares having a face value of Rs. 10 each.

This translates to an absolute dividend value of Rs. 1.2 per equity to be paid to the shareholders within 30 days from the date of the Annual General meeting (AGM). Disbursal of the said dividend is subject to approval from members at the AGM.

This will be the third consecutive year where the company’s board has recommended dividend to its shareholders. This is noteworthy considering Cords Cable’s prior 13-year period of no dividend payouts.

Furthermore, as per the company’s FY26 financial report, Cords Cable’s Profit After Tax (PAT) showed a remarkable growth of 41%, reaching Rs. 20.64 crore. Additionally, the company’s annual revenue soared 20.05% to Rs. 953.90 crore in FY26.