Audited Financial Results for quarter and year ended March 31, 2026
LOTUSDEV · price
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Sri Lotus Developers and Realty Ltd reported strong FY2026 results with consolidated revenue from operations growing 40% to Rs 7,689.51 million from Rs 5,496.82 million in FY2025. Profit after tax jumped 63% to Rs 2,370.85 million versus Rs 1,454.98 million, with basic EPS rising to Rs 5.04 from Rs 2.74. The Board recommended a final dividend of Rs 0.50 per share (50%), but notably, promoters holding 81.87% of shares voluntarily waived their right to receive dividend to retain funds for expansion. Statutory auditors T.P. Ostwal & Associates LLP issued an unmodified (clean) opinion on both standalone and consolidated financial results.
The company delivered robust double-digit growth in both revenue and profitability, signaling strong operational performance. The clean audit opinion removes any concerns about financial reporting quality. The promoters' decision to forgo dividends while retaining cash for expansion is a positive signal for future growth but means minority shareholders will be the primary beneficiaries of the dividend payout.