Navneet Education Q2 FY26 results: Loss of Rs 6 cr, declares Rs 1.50 interim dividend
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Navneet Education reported Q2 FY26 standalone revenue of Rs 246 crores, down 9% from Rs 271 crores a year ago, and swung to a loss of Rs 6 crores versus a profit of Rs 3 crores. H1 FY26 revenue was Rs 1,038 crores with PAT of Rs 155 crores (prior year included a one-time exceptional gain of Rs 584 crores from K12 Techno Services divestment). Board declared an interim dividend of Rs 1.50 per share (75%) for FY26, payable by December 9. Results are seasonal.
Q2 loss and revenue dip signal weak quarter, but interim dividend of Rs 1.50/share and strong H1 cash flows offer some support. Seasonal business.