Appointment of Manager and Chief Executive Officer
AVTNPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
AVT Natural Products Ltd reported strong FY2026 results with standalone revenue of Rs. 6,838 Cr (up 31% YoY) and consolidated revenue of Rs. 7,132 Cr (up 28% YoY). Net profit grew 41% to Rs. 538.5 Cr on standalone basis and 32% to Rs. 648 Cr consolidated. The Board declared a final dividend of Rs. 0.45 per share, taking total dividend for FY2026 to Rs. 0.80 per share (80% payout). Mr. K Nandakumar was formally appointed as Manager and CEO for 5 years effective May 28, 2026 - he had been serving as CEO since September 2025. Statutory auditors Suri & Co issued an unmodified opinion on the audited financials.
Positive development for shareholders - strong profit growth, increased dividend, and formalized leadership under an experienced CEO with prior TVS Group and multinational company background.