Announced Wed, 13 May · 18:21 IST

Shareholder Meeting - 161st Annual General Meeting to be held on Thursday, 13th August 2026

Board & Shareholder Meetings View source PDF

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AI summary

The company reported audited standalone profit after tax of Rs. 210.60 crores for FY2025-26, up 77% from Rs. 119.24 crores in the previous year, primarily driven by exceptional gains of Rs. 136.30 crores. Key contributors include Rs. 87.69 crores from sale of Dunsandle estate assets and gains on sale of investments in associate company. Total revenue from operations increased to Rs. 295.81 crores from Rs. 275.11 crores. However, total income declined to Rs. 427.27 crores from Rs. 472.44 crores due to lower other income (including reduced dividend from subsidiaries). Cash position improved significantly to Rs. 62.06 crores from Rs. 11.98 crores. Net worth rose to Rs. 283.06 crores from Rs. 189.00 crores. The board declared no final dividend, having already paid an interim dividend of Rs. 17 per share in February 2026. The 161st AGM will be held on 13th August 2026 with record date 6th August 2026. Statutory auditors issued an unmodified opinion.

Likely market impact

Profit nearly doubled year-on-year, driven by one-time asset sale gains. However, investors should note that core operating performance was modest, with the bulk of profit coming from exceptional items. The strong cash position and improved balance sheet are positives. Shareholders who missed the interim dividend will not receive any additional payout.