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Bumper Dividend: ABB India Declares Rs 90/Share Payout Even As Profit Stays Soft

ABB India Ltd. has declared a bumper special dividend of Rs 90 per share with face value of Rs 2 each, after posting a modest uptick in its net profit for the second quarter of the calendar year 2026.  "This is to inform you that the Board of Directors of the Company at its Meeting held on July 31, 2026, declared a special dividend of Rs.90/- per share (Rupees Ninety only) i.e.(4500%) on 21,19,08,375 equity shares of face value of Rs.2/- each fully paid up for the financial year 2026," the company stated in an exchange filing.  Further, ABB India has set Friday, August 7, 2026 as the record date to determine the eligible shareholders for the dividend payout. The dividend will be paid to the eligible shareholders on or before August 29, 2026, the company informed.  ABB India reported a 3% year-on-year rise in net profit to Rs 362 crore from Rs 352 crore for the second quarter of calendar year 2026. Revenue increased 21% to Rs 3,559 crore from Rs 2,940 crore, while ...

Arvind Kejriwal On The 3 Promises He "Could Not Fulfil"

Aam Aadmi Party chief Arvind Kejriwal on Saturday admitted that he could not fulfil three promises - cleaning of Yamuna river, providing clean drinking water and making Delhi's roads of European standard.

He said these tasks will be carried out in the next five years if AAP is re-elected in the assembly polls.

Addressing a gathering in Laxmi Bai Nagar, Mr Kejriwal reminded people of his promises and assured that the AAP government is working towards their completion.

"I am truthful to my promises. Either I fulfil them or I remind them that I promised but couldn't do it. I could not fulfill three promises - first cleaning the Yamuna, second, providing clean drinking water and third making Delhi's roads of European standards.

Mr Kejriwal said the work of cleaning Yamuna will be accomplished in two to three years.

"A lot of work has been done...Yamuna will be cleaned in the next two to three years. About 24-hour drinking water supply, this has been started in a colony of Rajendra Nagar. I inaugurated it...Now we will do it for all areas of Delhi. We will improve the quality of roads. All these 3 works will be completed in the next five years," he said.

Mr Kejriwal spoke of the AAP government's work for improving schools and the power situation.

"In the summer of 2014, there used to be power cuts for 10 hours. We have made sure that Delhi receives electricity for 24 hours. BJP has government in 20 states yet they don't provide electricity for 24 hours. Delhi also has the cheapest electricity," Mr Kejriwal said.

"We have provided good education to children. No government focused on government schools. We have built amazing government schools. Last year the result of government schools was 99.7 per cent. Private schools had 92 per cent results. I believe there's no bigger patriotic work than providing free and good education," he added.

Delhi Assembly elections will be held on February 5 and votes will be counted on February 8.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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