The Board of Directors of the Company at its Meeting held today i.e. Wednesday, May 13, 2026, inter alia, transacted the following businesses: 1. Approved the Audited Financial Results ....
AEROENTER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aeroflex Enterprises Limited reported FY2026 consolidated results with total income from operations of Rs 19,958 lakhs and profit after tax of Rs 8,073 lakhs attributable to owners. The statutory auditor issued an unmodified (clean) opinion on both standalone and consolidated annual financial statements. The Board recommended a final dividend of Rs 0.40 per share (20% on Rs 2 face value) requiring Rs 452.34 lakhs cash outflow, pending shareholder approval at AGM. Post-balance sheet, the company divested its entire 68% stake in MR Organisation Limited to Ingersoll-Rand Industrial U.S. Inc for Rs 22,742 lakhs. Exceptional items of Rs 95.61 lakhs were recorded for the year, comprising investment value diminishment and gratuity provision under new labour code.
The clean audit opinion and positive PAT indicate financial health. The Rs 22,742 lakhs divestment of MRO is a significant strategic transaction that will reduce the consolidated revenue base going forward but generate substantial cash proceeds for the company.