Outcome of Board meeting for approval of Audited Financial Results for Quarter and year ended on 31-03-2026 and declaration of Dividend for FY2025-26.
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The Board approved audited financial results for Q4 and full year ended March 31, 2026 with an unmodified opinion from statutory auditors. Total income nearly doubled to Rs. 73,362.59 Lakhs (vs Rs. 37,284.33 Lakhs restated), while net profit more than doubled to Rs. 3,576.18 Lakhs (vs Rs. 1,575.40 Lakhs). EPS stands at Rs. 10.78 per share. The Board recommended a final dividend of Rs. 0.50 per share (0.5% on face value of Rs. 10). The filing also notes NCLT approval of the merger of Narabada Gems and Jewellery Limited (effective from April 1, 2024), with prior year figures restated. Additionally, the Board approved a proposal for listing securities on NSE and related party transactions for leasing assets from Sanghi Jewellers Private Limited.
Strong financial performance with near doubling of revenue and PAT demonstrates successful integration post-merger. The NSE listing proposal could expand investor base. Dividend declaration provides shareholder returns, though the 0.5% yield is modest.