INDGNNSEIndegene LimitedMediumPositive
Announced Wed, 29 Apr · 21:00 IST

Indegene Limited has informed the Exchange that Board of Directors at its meeting held on April 29, 2026, recommended Final Dividend of Rs. 2.25 per equity share.

Corporate Actions View source PDF

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AI summary

Indegene Limited's Board of Directors approved the audited consolidated financial results for Q4 and full year ended March 31, 2026 at its meeting on April 29, 2026. The company reported consolidated revenue of Rs. 35,105 million for FY2026, up 23.6% from Rs. 28,393 million in FY2025. Net profit stood at Rs. 4,011 million for FY2026 compared to Rs. 4,067 million in FY2025. The Board recommended a final dividend of Rs. 2.25 per equity share (face value Rs. 2 each), subject to shareholder approval at the ensuing AGM. The company also approved ESOP/RSU allotments and multiple policy amendments including updates to its Dividend Distribution Policy. Deloitte Haskins & Sells provided an unmodified audit opinion on the annual consolidated results.

Likely market impact

The dividend recommendation of Rs. 2.25 per share signals stable shareholder returns, though investors should note the slight decline in net profit year-on-year despite strong revenue growth, partly impacted by exceptional litigation provisions of Rs. 203 million and higher depreciation costs from recent acquisitions.