We wish to inform you that Board of Directors of the Company at their meeting held today i.e. May 15, 2026 has recommended Final Dividend @10% i.e. Rs. 1/- Equity Share of Rs. 10/- for ....
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Sky Industries Limited reported FY26 audited results with standalone revenue of Rs. 8,434.44 Lakhs (up 2% YoY) and consolidated revenue of Rs. 8,641.32 Lakhs (up 2.8% YoY). Consolidated net profit grew 14.2% to Rs. 665 Lakhs from Rs. 582.09 Lakhs, while standalone PAT declined slightly to Rs. 592.02 Lakhs. The Board recommended a final dividend of Rs. 1 per share (10% on face value of Rs. 10). Key leadership changes include appointment of new Internal Auditor KSCA & Associates LLP, addition of Independent Director Mr. Abhishek Jain, and Whole Time Director Mr. Anoop Dubey for Gujarat Plant expansion. Capital work-in-progress surged to Rs. 2,993.64 Lakhs from Rs. 762.75 Lakhs, indicating major expansion activity. Long-term borrowings increased significantly to Rs. 1,670.95 Lakhs from Rs. 58.04 Lakhs. Auditors issued an unmodified (clean) opinion.
The company delivered solid profit growth on consolidated basis with shareholder-friendly dividend payout. Significant debt-funded expansion (Gujarat Plant) could offer growth potential but increases financial leverage. Clean audit opinion provides assurance on financial reporting quality.