OUTCOME OF BOARD MEETING
NIPPOBATRY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indo National Limited reported a significant shift from profit to loss in FY2026. Standalone revenue declined marginally to Rs. 45,101 Lakhs from Rs. 45,797 Lakhs, while the company posted a standalone loss after tax of Rs. 1,040 Lakhs compared to profit of Rs. 101 Lakhs in FY2025. Consolidated loss after tax stood at Rs. 2,669 Lakhs against profit of Rs. 12,195 Lakhs in the previous year. The auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results. The Board recommended a dividend of Rs. 3.75 per share (75%). Key notes include a pending CCI penalty case with Rs. 4,226 Lakhs exposure (no provision made), new labour code impact of Rs. 86 Lakhs, and the acquisition of Medcuore Medical Solutions as a subsidiary.
The company swung from profit to significant loss, which is a major red flag for investors. Despite the losses, the Board maintained a dividend, suggesting some confidence, but the stock is likely to face selling pressure given the deteriorated financial performance.