IVP Limited has informed the Exchange regarding Change in Director(s) of the company.
IVP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IVP Limited's Board meeting on May 21, 2026 approved the audited standalone financial results for Q4 and FY ended March 31, 2026. Revenue from operations grew 10.3% year-on-year to Rs. 59,455 lakhs, while profit before tax surged 64.7% to Rs. 2,514 lakhs. The company reported net profit of Rs. 1,868 lakhs, up 65.2% from Rs. 1,131 lakhs in the previous year, with EPS of Rs. 18.09 (vs Rs. 10.96). Statutory auditors Rajendra & Co. issued an unmodified opinion. The Board recommended a final dividend of 15% (Rs. 1.5 per share) subject to shareholder approval at the 97th AGM. Two independent directors, Mr. Ranjeev Ugamraj Lodha and Ms. Mala Arun Todarwal, were approved for re-appointment for a second term of 5 years each. M/s. Kishore Bhatia & Associates was appointed as Cost Auditors for FY 2026-27. The company also disclosed a fraud incident involving a sales employee misrepresenting customer records with total impact of Rs. 613 lakhs, fully provided for.
Strong financial performance with 65%+ profit growth is positive for shareholders. The dividend declaration and re-appointment of independent directors signals stable governance. The fraud incident (Rs. 613 lakhs) is a concern but has been fully provided for and internal controls strengthened.