Kaveri Seed Company declares interim dividend despite varied results

Kaveri Seed Company Limited’s Board of Directors met on November 6, 2025, to approve the unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025. The company reported a standalone net loss after tax of INR 1,505.21 lakhs for the quarter, contrasting with a net profit of INR 31,650.45 lakhs in the previous quarter and a loss of INR 349.34 lakhs in the same quarter last year. For the half-year, standalone net profit after tax was INR 30,145.25 lakhs. The consolidated net loss after tax for the quarter was INR 1,620.19 lakhs, with a half-year consolidated net profit after tax of INR 31,096.17 lakhs.

The board approved an interim dividend of 250%, translating to INR 5.00 per equity share of INR 2.00 each for the financial year 2025-26. This dividend will be paid on or before November 21, 2025, to eligible shareholders on record as of Wednesday, November 12, 2025.

One subsidiary faces a material uncertainty, with accumulated losses of INR 531.50 lakhs as of September 30, 2025, resulting in a negative net worth of INR 489.57 lakhs. Its current liabilities exceeded current assets by INR 523.65 lakhs, raising doubts about its going concern ability, which is noted in the consolidated financial results.