Please find attached herewith outcome of board meeting of the company scheduled on 13-05-2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited standalone and consolidated financial results for FY 2026 (year ended March 31). Standalone revenue declined 12% to Rs. 6,441.23 lakh (from Rs. 7,174.22 lakh), but net profit grew 20% to Rs. 1,807.14 lakh (from Rs. 1,505.48 lakh). Consolidated net profit rose 4% to Rs. 1,994.76 lakh. Basic EPS stands at Rs. 11.48 (standalone) and Rs. 12.48 (consolidated). The Board recommended a final dividend of Rs. 1 per share (10% face value), subject to shareholder approval at AGM. Two new director appointments were approved: Mr. Ronak Jhaveri as Executive Director and Mr. Hemant Maniar as Independent Director, both for five-year terms. The auditors issued an unmodified (clean) opinion with no qualifications or emphasis of matter.
Revenue decline of 12% is a concern but PAT growth of 20% and strong cash position (Rs. 14,898 lakh in standalone cash) indicate operational efficiency. Clean audit with unmodified opinion is positive for investor confidence.