The Board of Directors of the Company at their meeting held today, has approved and taken on record audited financial results on standalone and consolidated basis for the quarter and year ....
INDPRUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited standalone and consolidated financial results for Q4 and year ended March 31, 2026. Standalone PAT grew to Rs. 2,043.72 lakhs from Rs. 1,948.62 lakhs, while consolidated PAT increased to Rs. 6,373.00 lakhs from Rs. 5,969.75 lakhs, driven significantly by share of profit from associate KSB Limited (Rs. 5,829.28 lakhs). The Board recommended a dividend of Rs. 120 (1200%) per equity share, subject to shareholder approval. Statutory auditors S. Jaykishan issued an unmodified (clean) opinion on both standalone and consolidated financials. Mrs. Sanjukta Majumdar was appointed as Internal Auditor for FY 2026-27. The Board also approved continuation of Mr. Gaurav Swarup as Chairman & Managing Director beyond age 70 (attaining in November 2026), pending shareholder approval.
Strong PAT growth on standalone basis exceeding 20% is positive for shareholders. The substantial dividend payout signals confidence, though investors should note the high dependence on associate company profits for consolidated performance. The leadership continuity provides stability.