Arihant Superstructures Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2026.
ARIHANTSUP · price
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Arihant Superstructures Limited announced results from its board meeting on May 15, 2026. The company reported audited consolidated total income of Rs. 55,601.26 lakhs for FY2026, up from Rs. 50,387.11 lakhs in FY2025. However, profit after tax (after non-controlling interest) declined to Rs. 2,793.25 lakhs from Rs. 4,123.96 lakhs previously. Standalone performance showed total income of Rs. 9,222.72 lakhs and PAT of just Rs. 145.69 lakhs versus Rs. 1,947.90 lakhs in the prior year. The board recommended a final dividend of Rs. 0.25 per share (2.5%) for FY2025-26. Two key appointments were made: Mr. Parth Chhajer and Mr. Bhavik Chhajer (both sons of Chairman Ashokkumar Chhajer) were appointed as Joint Managing Directors for 5 years. The company also approved sale of land at Village Dahivali, Raigad to its wholly-owned subsidiary Dwellcons Private Limited.
The significant decline in standalone profit despite higher consolidated revenue raises concerns about cost management at the standalone level. The promoter dividend waiver signals promoter confidence, while family succession planning through Joint MD appointments may provide long-term stability.