Envoy Textiles reports lower net profit but raises cash dividend

Envoy Textiles recommended a 32.50 percent cash dividend for the year ended June 30, 2026, which is an increase from the 30 percent recommended the previous year. The company reported a net profit of Tk 138 crore for the period, down from Tk 140 crore in the same period a year earlier. Despite the lower profit, net operating cash flow per share increased significantly to Tk 14.88 from Tk 4.77.

The financial results led to a market reaction on the Dhaka Stock Exchange, where shares of Envoy declined 3.29 percent to close at Tk 70.50. Envoy Textiles is noted as a leading export-oriented denim fabric manufacturer with its factory located in Mymensingh.