results for the quarter and year ended 31st march 2026
NIPPOBATRY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indo National Ltd (Nippo) reported a significant turnaround from profit to loss for FY26. Standalone revenue declined slightly to Rs. 45,101 Lakhs from Rs. 45,797 Lakhs, while the company swung to a standalone loss of Rs. 1,040 Lakhs versus profit of Rs. 101 Lakhs in FY25. Consolidated results show an even larger loss of Rs. 2,669 Lakhs versus profit of Rs. 12,195 Lakhs previously, with consolidated revenue at Rs. 45,249 Lakhs. The company acquired Medcuore Medical Solutions (54.79% stake for Rs. 694 Lakhs) and invested Rs. 850 Lakhs in Axial Aero CCPS. A Rs. 4,226 Lakh CCI penalty remains stayed pending appeal. The board recommended dividend of Rs. 3.75 per share despite the loss. New labour codes resulted in Rs. 86-87 Lakhs past period liability. The auditors issued an unmodified opinion.
The company has swung from profit to substantial loss, indicating significant operational stress. Revenue declined marginally. Despite the loss, the board maintained dividend recommendation, which may signal management confidence or shareholder pressure. The large consolidated loss is partly driven by the investment segment performing poorly.