The Board at its meeting held on May 28, 2026, inter-alia approved the following matters: Re-appointment of Mr. Udai Singh as Managing Director & CEO; Re-appointment of Mr. Vinay Awasthi ....
SCHNEIDER · price
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The Board of Schneider Electric Infrastructure Limited approved the audited financial results for Q4 and FY ended March 31, 2026. Total income stood at Rs 290,861 lakh vs Rs 266,128 lakh in the prior year, a growth of ~9%. Net profit was Rs 21,256 lakh, down from Rs 26,789 lakh (FY25), mainly due to an exceptional charge of Rs 1,765 lakh related to new labour codes and a prior-year reversal benefit not repeating this year. EPS for FY26 was Rs 8.89 per share (vs Rs 11.20 in FY25). The Board also re-appointed Mr. Udai Singh as Managing Director & CEO for 3 years effective September 15, 2026, subject to shareholder approval at the 16th AGM on September 10, 2026. Cost auditors (Shome & Banerjee) and Internal Auditor (Vinay Awasthi) were also reappointed for FY26-27. Additionally, a Postal Ballot notice is being issued for shareholder approval of a material related party transaction with Schneider Electric IT Business India Private Limited.
Profit declined year-on-year due to one-off exceptional items and non-repeat of prior-year tax reversals, though revenue grew. Re-appointment of the MD & CEO provides leadership continuity. The related party transaction with a group entity warrants shareholder attention.