Outcome of Board Meeting held on May 22, 2026
INDIGOPNTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indigo Paints Board approved audited FY2026 results showing consolidated revenue of Rs. 1,40,502 lakhs (up 4.8% YoY) and net profit of Rs. 14,761 lakhs (up 3.8% YoY). The statutory auditor issued an unmodified (clean) opinion. The Board recommended a final dividend of Rs. 5 per share (50% on Rs. 10 face value). An exceptional item of Rs. 613.31 lakhs was recorded due to New Labour Codes implementation (past service cost). The company appointed new Internal Auditor (DKV & Associates) and Cost Auditor (Harshad S Deshpande & Associates) for FY27, along with two senior management appointments including a new Chief Business Officer with 20 years FMCG experience.
Solid operating performance with clean audit; modest profit growth despite one-time labour code charge; dividend payout signals confidence; new leadership appointments may drive future growth in the paints business.