Pilani Investment and Industries Corporation Limited has informed the Exchange about General Updates- Decision on dividend to be proposed by the Board of Directors has been adjourned for being considered and decided at the adjourned meeting of the Board of Directors to be held on Thursday, 4th June, 2026 and the said decision will accordingly be intimated by the company and disclosures be made accordingly.
PILANIINVS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company announced its Q4 and FY2025-26 audited financial results. Standalone net profit fell significantly to Rs. 7,185.76 lakhs from Rs. 16,940.61 lakhs in FY25, while consolidated net profit dropped to Rs. 3,105.55 lakhs from Rs. 9,848.28 lakhs. Finance costs nearly doubled to Rs. 16,462.15 lakhs from Rs. 8,838.73 lakhs. The board approved the financial results and appointed Arun Laddha as an Additional Independent Director. Importantly, the dividend decision has been deferred to an adjourned meeting on June 4, 2026 - shareholders will need to wait for the final dividend announcement. Last year, the company paid Rs. 15 per share dividend.
Profits have declined substantially year-on-year due to higher borrowing costs, though the company remains profitable. The delayed dividend decision creates uncertainty for income-focused investors who will need to wait until early June for clarity on payout.