Outcome of Board Meeting held on 30th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Patels Airtemp India Ltd's Board approved audited financial results for Q4 and FY 2025-26 ended 31st March, 2026. Total revenue declined significantly to Rs. 25,293.47 Lakhs from Rs. 38,781.63 Lakhs in the previous year, representing approximately 35% year-on-year decline. Net profit fell to Rs. 1,027.43 Lakhs from Rs. 1,651.01 Lakhs, while EPS dropped to Rs. 18.78 from Rs. 30.18. Finance costs decreased to Rs. 995.03 Lakhs from Rs. 1,133.55 Lakhs. The Board recommended a dividend of Rs. 3.00 per share (30%) subject to shareholder approval. Statutory auditors M/s. Parikh & Majmudar issued an Unmodified Opinion (clean audit), though they included an Emphasis of Matter paragraph regarding pending balance confirmations from suppliers and customers.
The substantial revenue and profit decline may create negative sentiment among shareholders. However, the company's decision to recommend dividend despite lower profits signals management confidence. The clean audit opinion (unmodified) with only emphasis of matter removes concerns about material misstatements.