Outcome of Board Meeting held on May 11, 2026
METROGLOBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Metroglobal Ltd reported audited standalone financial results for FY2026. Total income declined marginally to Rs. 24,551.93 Lakhs from Rs. 25,366.36 Lakhs in FY2025. However, profit after tax (PAT) more than doubled to Rs. 2,150.81 Lakhs from Rs. 936.32 Lakhs in the previous year, driven significantly by an exceptional item of Rs. 250 Lakhs (recovery from Mundara Estate Developers Limited previously written off). Basic EPS (excluding OCI) improved to Rs. 17.44 from Rs. 7.59. Consolidated PAT stood at Rs. 2,209.09 Lakhs. The Board recommended a final dividend of Rs. 2.5 per equity share (25% on face value Rs. 10), subject to shareholder approval at the 34th AGM. Statutory auditors issued unmodified opinions on both standalone and consolidated results.
Strong profitability improvement with PAT growth over 130% year-on-year, boosted by exceptional item recovery. The dividend recommendation signals confidence in financial health. However, revenue decline warrants monitoring of business performance.