Standard Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Standard Industries Limited reported audited financial results for Q4 and full year FY2025-26. Standalone revenue grew 37.3% to Rs. 3,068.34 lakhs from Rs. 2,234.98 lakhs year-on-year. However, the company continued to incur losses with standalone net loss of Rs. 1,759.22 lakhs (vs Rs. 1,378.75 lakhs loss in FY2025) and consolidated net loss of Rs. 1,950.17 lakhs. The auditors issued an unmodified (clean) opinion. The Board recommended a final dividend of Rs. 0.25 per share (5% on face value), following an interim dividend of Rs. 0.55 already paid. The company approved assignment of development rights for land at Dadar West to Prabhadevi Developer Private Limited for Rs. 169.51 crore plus 25,774.61 sq ft residential area. Additionally, Shri Khurshed Thanawalla is proposed for re-appointment as Independent Director for 5 years.
Despite strong revenue growth of 37%, the company remains loss-making with widening losses, which could concern investors. The Rs. 169.51 crore land deal provides a potential cash inflow. The clean audit opinion offers some comfort on financial reporting quality.