Outcome of Board Meeting held on 29.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zenith Fibres Ltd's Board approved audited financial results for Q4 and FY ended March 2026. Revenue from operations declined to Rs. 4,007.77 Lakhs from Rs. 5,219.70 Lakhs in the prior year. However, profit before tax improved significantly to Rs. 387.73 Lakhs (vs Rs. 239.71 Lakhs), and net profit rose to Rs. 292.24 Lakhs (vs Rs. 180.13 Lakhs). EPS increased to Rs. 7.41 per share from Rs. 4.57. The Board recommended a dividend of Rs. 1 per share (10%) for FY 2025-26, subject to shareholder approval at the AGM. The company also re-appointed M/s. Yagnesh Desai & Co. as Internal Auditor for FY 2026-27. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
Despite lower revenue due to challenging market conditions in the manmade fibre segment, the company's profit growth is positive for shareholders. The clean audit opinion and dividend recommendation signal financial stability, though declining revenue from core operations warrants monitoring.