ION Exchange (India) Limited has submitted to the Exchange the Audited Financial Results for the quarter and year ended March 31, 2026, recommendation of Dividend and appointment of Cost Auditors
IONEXCHANG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ion Exchange India reported FY26 revenue from operations of Rs. 267,891 Lacs, up 5.5% from Rs. 254,006 Lacs in FY25. However, profit after tax declined significantly to Rs. 13,838 Lacs from Rs. 21,448 Lacs in FY25, a drop of about 35.5%. Q4 FY26 PAT was Rs. 1,957 Lacs versus Rs. 6,458 Lacs in Q4 FY25. The company recorded an exceptional item of Rs. 1,454 Lacs due to Labour Codes implementation. The Board recommended a dividend of Rs. 1.25 per share (125%) for FY26. Statutory auditors Deloitte Haskins & Sells LLP issued an unmodified (clean) opinion on the financial statements. A subsidiary, Ion Exchange Enviro Farms Limited, has an ongoing SEBI matter regarding investor refunds of Rs. 22.02 crores, which is disclosed as an Emphasis of Matter in the audit report.
Despite modest revenue growth, the sharp decline in profitability and margin compression may concern investors. The clean audit opinion and dividend payment provide some support, while the SEBI regulatory issue at the subsidiary warrants monitoring.