Outcome of Board Meeting dated 29th May, 2026
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Wealth First Portfolio Managers Ltd reported strong FY2026 results with standalone revenue of Rs 6,339.67 Lacs (up 21.8% from Rs 5,204.93 Lacs) and net profit of Rs 4,022.98 Lacs (up 19.4% from Rs 3,370.63 Lacs). Consolidated revenue grew 24.9% to Rs 6,636.51 Lacs with net profit at Rs 3,866.32 Lacs. EPS improved to Rs 37.76 on standalone basis. The Board approved an unmodified audit opinion (clean audit), recommended a 10% final dividend (Rs 1 per share), and proposed increasing authorised share capital from Rs 11 Cr to Rs 12 Cr. The Board also approved commission to Non-Executive Director Ms. Binal Bhukhanwala Gandhi (up to 1% of net profits) and constituted a new Investment Committee.
Strong financial performance with ~20% PAT growth and clean audit report is positive for shareholders. The proposed dividend and share capital increase indicate healthy financials, though the commission to a related party requires shareholder approval.