Crest Ventures Limited has submitted to the Exchange regarding Outcome of Board Meeting held on May 22, 2026.
CREST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crest Ventures Limited reported audited standalone net profit of Rs. 3,949.63 lakhs for FY2025-26, down nearly 50% from Rs. 7,882.43 lakhs in FY2024-25. Total income fell to Rs. 11,669.28 lakhs from Rs. 16,414.03 lakhs, driven mainly by lower fair value gains (Rs. 204.22 lakhs vs Rs. 4,938.79 lakhs). Basic EPS declined to Rs. 14.00 from Rs. 27.96. The Board recommended a final dividend of Rs. 1 per share (10% on Rs. 10 face value), subject to shareholder approval at the 44th AGM on August 22, 2026. Cash position improved significantly to Rs. 8,403.66 lakhs from Rs. 1,775.99 lakhs. The auditors gave an unmodified (clean) opinion. The Board also appointed Mr. Manish Jadhav as Chief Information Security Officer and reappointed M/s. Mathur & Co. as internal auditors.
The sharp decline in profitability versus last year reflects lower investment gains rather than operational weakness, with net profit margin still healthy at 33.85%. The dividend announcement and strong cash position provide shareholder-friendly signals, though investors should note the ongoing demerger scheme pending regulatory approval.