Pursuant to Regulation 30 and 43 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(SEBI LODR), we hereby inform you that Board of Directors ....
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Navneet Education Ltd's Board approved standalone and consolidated audited financial results for FY ended 31st March 2026. Standalone revenue from operations declined marginally to ₹1,683 Cr from ₹1,733 Cr in the previous year. However, profit after tax saw a significant decline to ₹296 Cr from ₹801 Cr, primarily due to much lower exceptional items (₹127 Cr vs ₹604 Cr in FY25). Exceptional items included gains from K12 Techno Services divestment (₹210 Cr), partially offset by impairment provisions and labour code adjustments. The company declared a second interim dividend of ₹1.50 per equity share (75% payout) for FY 2025-26. Auditors issued an unqualified opinion. The Board also approved a composite scheme for demerger of publishing business from subsidiary Indiannica Learning Private Limited into Navneet Education Ltd.
Revenue remained flat while PAT declined significantly due to lower exceptional gains compared to previous year. The clean audit opinion and dividend declaration are positive signals for shareholders, though the earnings decline may create near-term pressure on the stock price.