The Board of Directors of the Company at their meeting held today has approved and taken on record the audited financial results on standalone and consolidated basis for the year ended ....
INDPRUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company reported standalone net profit of Rs 2,043.72 lakhs for FY2026, up 4.9% from Rs 1,948.62 lakhs in FY2025. Standalone total revenue grew 6.8% to Rs 2,158.19 lakhs. Consolidated net profit stood at Rs 6,373.00 lakhs, up 6.8% from Rs 5,969.75 lakhs, largely driven by share of profit from associate KSB Limited (Rs 5,829.28 lakhs). The Board recommended a dividend of Rs 120 per equity share (1,200%), payable subject to shareholder approval. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results. No material uncertainties or audit qualifications were raised. Profit from sale of investments declined significantly to Rs 1,050.19 lakhs from Rs 7,810.37 lakhs in the prior year.
Positive for shareholders with steady profit growth and a generous dividend payout. The clean audit opinion removes concerns about financial reporting quality. The significant drop in investment profit may affect future earnings unless offset by associate company performance.