SWELECT Energy Systems Limited has informed the Exchange regarding Outcome of Board Meeting held on May 21, 2026.
SWELECTES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SWELECT Energy Systems Limited's Board approved standalone and consolidated audited financial results for FY2026 ended March 31, 2026. Standalone revenue from operations grew to Rs. 37,613.21 Lakhs from Rs. 35,130.21 Lakhs in FY2025, representing approximately 7% revenue growth. However, net profit declined to Rs. 786.09 Lakhs from Rs. 805.57 Lakhs in the prior year. The Board recommended a final dividend of Rs. 3.50 per equity share (face value Rs. 10) subject to shareholder approval at the July 31, 2026 AGM. Statutory Auditors Deloitte Haskins & Sells LLP issued an unmodified (clean) opinion on the audited results. The Board also appointed new Internal Auditor (M/s. S K Ram Associates) and Cost Auditor (M/s. Ravichandran Bhagyalakshmi & Associates) for FY2026-27. An exceptional item of Rs. 190.88 Lakhs was recorded due to increased gratuity liability from new Labour Codes.
Revenue growth indicates improving business performance, but declining net profit and compressed margins may concern investors. The clean audit opinion and dividend recommendation are positive signals for shareholders.