Envoy Textiles recommends 32.50% cash dividend despite lower profit

Envoy Textiles has recommended a 32.50 percent cash dividend for the year ended June 30, 2026, up from 30 percent a year earlier, despite a fall in net profit.

The company's net profit for the period stood at Tk 138 crore, down from Tk 140 crore in the same period a year earlier, according to a price-sensitive information statement released on September 27.

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Consequently, its earnings per share stood at Tk 8.24 for the year ended June 30, 2026, compared with Tk 8.40 a year earlier.

Meanwhile, net operating cash flow per share increased significantly to Tk 14.88 from Tk 4.77.

Shares of Envoy declined 3.29 percent to Tk 70.50 to end trading today on the Dhaka Stock Exchange. 

Envoy Textiles is a leading export-oriented denim fabric manufacturer in Bangladesh, with its factory located in Jamirdia, Bhaluka, Mymensingh.

As of August 31, 2026, sponsors and directors held 65.41 percent of the company's shares, while institutional investors, foreign investors and the general public held the remainder.