Navneet Education Limited has informed the Exchange about Copy of Newspaper Publication
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Navneet Education Limited published its Q4 FY2026 standalone unaudited and full year FY2026 audited financial results in newspapers as required under SEBI regulations. Standalone FY2026 revenue declined to ₹1,683 Crores from ₹1,733 Crores in FY2025, while consolidated revenue also decreased to ₹1,749 Crores from ₹1,810 Crores. Standalone profit after tax dropped significantly to ₹296 Crores from ₹801 Crores in the prior year, though consolidated profit improved substantially to ₹804 Crores from ₹3 Crores, partly due to exceptional items of ₹127 Crores in standalone and ₹683 Crores in consolidated. Basic EPS on consolidated basis improved to ₹33.97 from ₹16.00. The Board recommended a second interim dividend of ₹0.50 per share (75% payout). A Composite Scheme of Arrangement for demerging Indiannica Learning's publishing business into Navneet is pending NCLT approval.
The company saw revenue contraction in FY2026 on both standalone and consolidated bases. While standalone profitability declined sharply, consolidated performance was boosted by exceptional items. The pending demerger scheme could reshape the company's business structure going forward.