Outcome of Board Meeting on Financial Results and Dividend
RESPONIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Responsive Industries reported audited FY26 consolidated results with total income of Rs 1,40,419.34 lakhs, down from Rs 1,42,632.46 lakhs in FY25. Net profit after tax declined to Rs 14,842.70 lakhs from Rs 19,886.17 lakhs (down ~25.4%). Consolidated EPS dropped to Rs 5.57 from Rs 7.46. Standalone PAT fell more sharply to Rs 1,407.66 lakhs from Rs 3,172.18 lakhs (down ~56%). The Board recommended a final dividend of Rs 0.10 per share (10%). Statutory impact of new Labour Codes amounted to Rs 54.13 lakhs as exceptional item. The auditor issued an unmodified (clean) opinion on both standalone and consolidated results. The company has 3 foreign subsidiaries including operations in Hong Kong and USA.
The significant decline in profitability (25% consolidated PAT drop) is a concern for shareholders. However, the clean audit opinion and dividend declaration provide some support. The sharp standalone performance decline indicates parent-level challenges that may affect investor sentiment negatively.