Cantabil Announces Final Dividend and Reappoints Key Directors Following Q2 Financial Results Review
Cantabil Retail India Limited, during its Board meeting held on August 5, 2026, approved the un-audited standalone financial results for the quarter ended June 30, 2026. The board also recommended a final dividend and confirmed key leadership appointments that are subject to shareholder approval at the ensuing Annual General Meeting (AGM).The Board of Directors reviewed the unaudited financial results, which were examined by statutory auditors, and approved the notice for the company's 38th AGM. A significant decision made was the recommendation of a final dividend amounting to Rs 0.75 per share, which represents 37.5% on the face value of Rs 2 equity share. The record date set for this payment is August 28, 2026.
Financial Performance Summary
The company's financial results for the quarter ended June 30, 2026, showed key operational metrics across various categories. For instance, total income stood at 18,177.13 Lakhs. Expenses totaled 16,096.28 Lakhs, leading to a profit for the period of 1,632.74 Lakhs.The financial statements provided also include performance data for the full financial year ended March 31, 2026. The key figures are detailed below:
| Particulars | Q Ended June 30, 2026 (Unaudited) | Q Ended March 31, 2026 (Unaudited) | Q Ended June 30, 2025 (Unaudited) | FY Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 18,177.13 Lakhs | 25,690.26 Lakhs | 16,102.40 Lakhs | 86,208.47 Lakhs |
| Total Expenses | 16,096.28 Lakhs | 21,834.19 Lakhs | 14,192.48 Lakhs | 73,591.76 Lakhs |
| Profit for the period/year (III-IV) | 1,632.74 Lakhs | 2,923.46 Lakhs | 1,467.20 Lakhs | 9,575.30 Lakhs |
Management and Leadership Appointments
The board meeting confirmed the re-appointment of two key personnel for five years, subject to approval by shareholders at the upcoming AGM: Mr. Vijay Bansal as Chairman and Managing Director, and Mr. Deepak Bansal as Whole Time Director. Both appointments were set to begin on April 1, 2027, running until March 31, 2032.Key Details of Directors:
| Name | Role | Reappointment Term | Key Responsibilities & Profile |
|---|---|---|---|
| Mr. Vijay Bansal | Chairman and Managing Director | April 1, 2027 to March 31, 2032 | Mr. Bansal has overall experience of 37 years in the company. He is responsible for the overall management and supervision of the business, having been instrumental in strategic planning and brand establishment. |
| Mr. Deepak Bansal | Whole Time Director | April 1, 2027 to March 31, 2032 | Mr. Bansal provides strategic leadership for retail operations, business expansion, and marketing initiatives. With over 20 years in the retail apparel industry, he focuses on developing and implementing marketing strategies. |
The board noted that Mr. Deepak Bansal is the son of Mr. Vijay Bansal.
CANTABIL Stock Price Movement
Cantabil Retail India Limited shares shed 2.69% to settle at ₹245.81 today, driven by selling pressure throughout the session. The stock saw significant intraday activity, trading within a range of ₹241.2 and ₹253.5, with a volume of 557,596 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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