Outcome of Board Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved the audited financial results for FY2026 ending March 31, 2026. Revenue from operations grew 30.8% to Rs. 28,800.25 lakhs from Rs. 22,026.00 lakhs in FY2025. Profit after tax increased 19.6% to Rs. 4,074.67 lakhs from Rs. 3,407.57 lakhs. Basic EPS stood at Rs. 20.28 per share. The statutory auditors J.S. Bhatia & Co. issued an unmodified (clean) opinion on the financial results. The Board declared an interim dividend of Rs. 5.50 per equity share with record date June 8, 2026. Mr. Chetan Mundhada resigned as Non-Executive Director due to personal commitments, and Ms. Anita Sethia was appointed to the Nomination and Remuneration Committee. The Board also approved alteration of the Memorandum of Association to include new business objects related to safety, rescue, and disaster management equipment, subject to shareholder approval via postal ballot.
Strong financial performance with over 30% revenue growth and nearly 20% PAT growth is positive for shareholders. The interim dividend provides immediate returns. The resignation of a non-executive director and clean audit opinion are neutral factors.