Audited Financial Results and Dividend for the year ended on March 31, 2026
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Panasonic Energy India reported audited FY26 results with revenue from operations at ₹27,003.18 lakhs, marginally up from ₹26,841.47 lakhs in FY25. However, profit after tax dropped significantly to ₹348.68 lakhs from ₹1,177.31 lakhs in the previous year, a decline of about 70%. The auditors BSR & Co issued a qualified opinion due to the company's inability to comply with Battery Waste Management Rules, 2022, and failure to recognize any provision for potential environmental compensation obligations. The board recommended a dividend of ₹1.95 per share (19.50%) for FY26, subject to shareholder approval at the ensuing AGM.
The sharp decline in profitability and the qualified auditor opinion regarding regulatory non-compliance with Battery Waste Management Rules signal increased regulatory and financial risk for shareholders.