Nippon Life Q2 Results: Profit Slips; Dividend Of Rs 9 Apiece Declared — Check Record Date, Other Details

Nippon Life India Asset Management Ltd. declared an interim dividend of Rs 9 per equity share with a face value of Rs 10, along with its Q2 results on Thursday.

"Declaration of an interim dividend of Rs. 9 per Equity Share of Rs. 10 each of the Company and has fixed the record date as November 6, 2025 for the purpose of ascertaining the entitlement of the shareholders to the interim dividend. The payment date for the said dividend will be on and from Nov 14, 2025", the filing stated.

The record date for the purpose of ascertaining the entitlement of the shareholders to the interim dividend has been fixed as Nov. 6, 2025. Moreover, the payment date is scheduled to happen on and from Nov 14, 2025, according to the regulatory filing.

The company's net profit for the second quarter of FY26 went down 13% sequentially after it reported a consolidated bottom line of Rs 345 crore compared to Rs 396 crore in the last quarter.

The company's revenue went down 7.7% to Rs 694.71 crore from Rs 752.61 crore in the previous quarter.

Nippon life also informed that it has appointed Sundeep Sikka as the new managing director of the company and reappointed him as the chief executive officer for a term of five years with effect from April 22, 2026, to April 21, 2031.

• Revenue down 7.7% to Rs 694.71 crore versus Rs 752.61 crore

• Net Profit down 13% to Rs 344.64 crore versus Rs 396.12 crore

• Dividend of Rs 9 per share declared

The stock settled 1.62% higher at Rs 871.80 apiece on the NSE, compared to a 0.68% decline in the benchmark Nifty 50. Nippon shares have risen 26.96% in the last 12 months and 19.92% year-to-date.