Outcome of Board Meeting with Results
GUJAPOLLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gujarat Apollo Industries Ltd held its Board Meeting on May 30, 2026, approving the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. For standalone operations, total income grew 32% to Rs. 4,515.28 Lakhs, though profit before tax fell 75% to Rs. 86.57 Lakhs due to higher raw material costs and other expenses. Profit after tax stood at Rs. 214.16 Lakhs (up from Rs. 162.41 Lakhs). Consolidated total income was Rs. 7,924.48 Lakhs with PAT of Rs. 515.64 Lakhs. The Board recommended a dividend of Rs. 2 per share (20% on Rs. 10 face value) for FY 2025-26, subject to shareholder approval. No deviations were reported from the Rs. 34.16 crore preferential issue raised in October 2025.
The company maintained dividend payout despite lower standalone profitability, which is a positive signal for income-focused investors. However, the significant drop in standalone PBT (down 75%) indicates margin pressures in core operations, which may concern growth-focused investors.