PI Industries Limited has informed the Exchange that Record date for the purpose of Interim Dividend is 23-Feb-2026.
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Awaiting price reaction for this filing.
PI Industries' board, at its February 12, 2026 meeting, approved the unaudited Q3 FY26 results and declared an interim dividend of Rs. 5 per share (500%) on equity shares of Re. 1 face value, payable by March 13, 2026. The record date is February 23, 2026. Standalone Q3 revenue fell to Rs. 12,696 Mn (vs Rs. 17,798 Mn in Q3 FY25) and standalone profit dropped to Rs. 2,816 Mn (vs Rs. 4,238 Mn YoY), with 9M FY26 standalone profit at Rs. 12,370 Mn vs Rs. 14,807 Mn last year. On a consolidated basis, Q3 revenue was Rs. 13,757 Mn and profit was Rs. 3,113 Mn, boosted by an exceptional gain of Rs. 1,051 Mn (mainly a Rs. 1,260 Mn write-back of contingent consideration on the PI Health Sciences acquisition), partially offset by a Rs. 209 Mn one-time Labour Codes liability.
Sharply lower sequential and YoY standalone profits signal weak operating performance, which may weigh on the stock. However, the interim dividend rewards shareholders, and the consolidated exceptional gain from the pharma acquisition write-back provides a cushion to earnings.