Valiant Communications has fixed September 10, 2026, as the record date for determining member entitlement to receive dividends for the financial year ended March 31, 2026. The company will hold its Thirty-Third Annual General Meeting (AGM) on September 30, 2026, via video conferencing or other audio-visual means, in compliance with Ministry of Corporate Affairs and SEBI circulars.

The Board of Directors, at its meeting on May 30, 2026, recommended a dividend of ₹1.50 per equity share of face value ₹10 each. This payout is subject to approval by members at the AGM. If approved, the dividend will be paid on or after October 4, 2026, subject to deduction of tax at source.

Dividend Eligibility Criteria

Shareholders must hold shares as of the close of business hours on Thursday, September 10, 2026, to be eligible for the dividend. The eligibility criteria differ based on the mode of holding:

• Physical Shares: Payable to members whose names appear in the Register of Members as at the close of business hours on September 10, 2026.
• Demat Shares: Payable to members whose names appear in the list of beneficial owners as at the close of business hours on September 10, 2026, based on data furnished by the depositories.

This disclosure was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company’s registered office is located in New Delhi.

Valiant Communications Limited reported a significant improvement in profitability for the first quarter of FY27, with consolidated net profit rising 65% year-on-year to ₹7.79 crore. The telecom infrastructure provider saw its total income from operations expand by 39% to ₹25.42 crore, up from ₹18.32 crore in Q1FY26.

The company’s standalone figures also reflected this upward trajectory. Standalone net profit after tax reached ₹8.08 crore, compared to ₹4.46 crore in the same quarter last year. Standalone revenue grew to ₹25.14 crore from ₹18.12 crore previously, indicating broad-based growth across the group structure.

Financial Performance

The Board of Directors approved the unaudited financial results in a meeting held on August 12, 2026. The results were filed with stock exchanges pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the full fiscal year ended March 31, 2026, the company reported consolidated revenue of ₹84.87 crore and a net profit of ₹24.18 crore. Basic earnings per share (EPS) for the quarter stood at ₹6.72, up from ₹4.13 in Q1FY26.

What the Numbers Show

The divergence between standalone and consolidated profits warrants attention. While standalone net profit grew by approximately 81% to ₹8.08 crore, consolidated net profit rose by 65% to ₹7.79 crore. This suggests that while the parent entity delivered strong operational efficiency, certain subsidiaries or associates may have contributed less proportionally to the bottom line growth compared to the top-line expansion. The near-parity between standalone and consolidated revenue (₹25.14 crore vs ₹25.42 crore) indicates that the majority of the company’s income is generated directly by the holding company rather than through subsidiaries.