Chairman's Speech at 40th AGM Highlights Strong FY26 Performance

At the 40th AGM, Chairman Babulal Agarwal highlighted FY26 consolidated total income of about Rs 2,200 crores and standalone PAT rising sharply to Rs 268 crores from Rs 16 crores in FY25. Group order book stood at about Rs 8,000 crores with PBT growth of 44 percent. Key updates include a strategic acquisition of around 88 percent group control in SISCOL, a GAIL steel pipe supply tender win, completion of the Rights Issue, a merger scheme among group entities pending NCLT clearance, and a 5 percent dividend recommendation.