Outcome of Board Meeting
WEIZMANIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Weizmann Ltd reported audited standalone results for FY2026 with revenue from operations of Rs. 12,668.91 lakhs, up 8% from Rs. 11,724.53 lakhs in FY2025. However, profit after tax declined 13% to Rs. 697.00 lakhs from Rs. 800.97 lakhs the previous year. EPS fell to Rs. 4.50 from Rs. 5.17. The board recommended a final dividend of Rs. 0.50 per share (5% on Rs. 10 face value), subject to shareholder approval. Consolidated results show total net profit after tax of Rs. 591.30 lakhs, including the company's share of loss from associate Windia Infrastructure Finance Ltd. Statutory auditors Batliboi & Purohit issued an unmodified opinion with no qualifications.
Revenue growth is positive but the 13% decline in net profit and lower EPS may concern investors. The dividend recommendation provides some shareholder return despite lower profitability. The clean audit opinion with no going concern issues is reassuring.