Intimation of 35th Annual General Meeting, Book Closure and cut-off date for e-voting.
POKARNA · price
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Pokarna Limited's Board meeting on 28 May 2026 approved the audited standalone and consolidated financial results for Q4 and the year ended 31 March 2026. On a consolidated basis, revenue fell to Rs. 5,937 crore from Rs. 9,513 crore in the prior year, and net profit declined to Rs. 806 crore from Rs. 1,875 crore. The standalone segment (granites) recorded a net loss of Rs. 97.37 crore, heavily impacted by high finance costs (Rs. 478 crore) and weak granite demand. The Quartz Surfaces division remained the profit driver with segment profit of Rs. 2,000 crore. The Board recommended a dividend of Rs. 0.60 per share (30%) for FY26, unchanged from the prior year, costing Rs. 186.02 lakh. The 35th AGM is scheduled for 27 July 2026 via video conferencing; record date is 20 July 2026 and e-voting runs from 23–25 July 2026. Statutory auditors issued an unmodified opinion.
The sharp decline in consolidated revenue and profit reflects challenging market conditions, especially for the granite segment. The standalone entity is loss-making but the quartz surfaces subsidiary is highly profitable, driving consolidated results. The unchanged dividend provides some comfort to investors despite the earnings contraction.