Announced Wed, 26 Aug, 2026 · 15:36 IST
Valley Magnesite FY26 annual report filed; PAT drops 59% to Rs 1.62L
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Valley Magnesite filed its FY26 annual report with BSE. AGM is set for September 21, 2026 at the Kolkata registered office. Profit after tax fell to about Rs 1.62 lakh versus Rs 3.93 lakh last year, a 59% drop, mainly on lower investment-related gains. No dividend recommended. Auditor gave an unqualified clean report. Director Gaurang Agarwalla up for re-appointment by rotation. Company remains debt-free.
Likely market impact
Weak PAT and no dividend mean limited shareholder returns despite clean audit; AGM items are routine and unlikely to move the stock.