Please refer the attached intimation.
CREST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crest Ventures Ltd's Board approved audited standalone and consolidated financial results for FY2026 ended March 31, 2026. Total income declined to ₹11,669.28 Lakhs from ₹16,414.03 Lakhs in the prior year, while net profit after tax fell to ₹3,949.63 Lakhs (vs ₹7,882.43 Lakhs), representing roughly a 50% decline. Basic EPS stood at ₹14.00 compared to ₹27.96 in FY2025. The Board recommended a final dividend of ₹1 per equity share (10% on ₹10 face value), subject to shareholder approval at the 44th AGM scheduled for August 22, 2026 (record date August 14, 2026). Additional appointments include Mr. Manish Jadhav as Chief Information Security Officer and re-appointment of Mathur & Co. as Internal Auditors. The auditors issued an unmodified opinion. A significant emphasis of matter relates to ₹15,529.75 Lakhs in deposits with counterparties for joint development, which management considers fully recoverable based on security cover and a joint venture agreement.
The sharp decline in profitability and revenue year-over-year may weigh on investor sentiment, though the dividend recommendation provides some shareholder return. The pending demerger of Crest Capital and Investment Limited and healthy capital adequacy ratio of 64.40% are notable developments.