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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zenith Fibres Limited reported audited results for FY2026 ending March 31. Revenue from operations declined to Rs. 4,007.77 lakhs from Rs. 5,219.70 lakhs in FY2025, a drop of about 23%. However, profit before tax surged 62% to Rs. 387.73 lakhs (vs Rs. 239.71 lakhs), and net profit rose similarly to Rs. 292.24 lakhs. EPS improved to Rs. 7.41 from Rs. 4.57. The Board has recommended a dividend of Rs. 1 per share (10% on Rs. 10 face value) for 39,44,136 shares, subject to shareholder approval at AGM. Statutory auditors issued an unmodified opinion, and M/s Yagnesh Desai & Co. was re-appointed as internal auditor for FY2027.
Despite a significant revenue decline, the company's profit improvement is a positive signal. The dividend recommendation provides direct cash returns to shareholders. The stock operates in two segments: Manmade Fibre (which reported losses) and Renewable Energy (which is profitable).