Outcome of Board Meeting
ABBOTINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Abbott India reported strong full-year FY26 results with revenue from operations growing 8.1% to Rs 6,929 Crores and profit after tax rising 9.7% to Rs 1,552 Crores. EPS for the year stood at Rs 730.36, up from Rs 665.62 in FY25. The Board declared a final dividend of Rs 525 per share plus a special dividend of Rs 131 per share, totaling Rs 656 per share - a 38% increase from last year's final dividend of Rs 475. The company also recognized Rs 18.10 Crores in incremental employee costs due to new labour codes. Cost auditors M/s. Kishore Bhatia & Associates were appointed for FY27, and Director Mr. Munir Shaikh will not seek re-election at the upcoming AGM.
The strong 9.7% profit growth and near-38% dividend increase are positive signals for shareholders, indicating robust cash generation and confidence in the company's financial health. The stock is likely to react positively to these results.