Board okays restated FY26 results, Q1 FY27; dividend Rs 7/share; AGM Sep 29
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Board approved restated FY26 audited results after an ERP error understated raw material cost by Rs 694.63 lakhs. FY26 PAT revised down to Rs 753.96 lakhs from Rs 1,103.71 lakhs; Q4 FY26 PAT cut to Rs 582.42 lakhs from Rs 922.96 lakhs. Auditor gave Unmodified Opinion with Emphasis of Matter. Q1 FY27 PAT at Rs 89.03 lakhs vs Rs 660.89 lakhs in Q1 FY26. Final dividend of Rs 7/share retained. AGM on Sep 29; book closure Sep 23-29. Auditor reappointed for 5 years.
Profit correction is material; FY26 PAT is about 32% lower than originally reported. Auditor flagged an Emphasis of Matter. Dividend unchanged.