Pearl Global Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on May 14, 2026.
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Pearl Global Industries reported strong full-year results for FY2025-26. Consolidated revenue grew 11.5% to Rs. 5,02,460 lakh, while net profit increased 17% to Rs. 27,003 lakh. Diluted EPS stood at Rs. 60.16 versus Rs. 52.87 in the prior year. The Board declared a second interim dividend of Rs. 8.50 per share (170% on Rs. 5 face value), totaling Rs. 3,923.57 lakh, payable within 30 days with record date May 21, 2026. Additionally, the company will acquire an extra 9.99% stake in PT Pinnacle Apparels (Indonesia) for USD 1.406 million, taking its holding to 99.92%. Mr. Rajesh Kumar Singh was appointed as Non-Executive Independent Director for 3 years, and Ernst & Young LLP was reappointed as Internal Auditors.
The results show solid double-digit profit growth and the second interim dividend signals strong cash generation, which should support the stock. The Indonesia acquisition increases control over a key subsidiary. Overall, these are positive developments for shareholders.