ZUARIINDBSEZuari Industries LtdHighNeutral
Announced Mon, 25 May · 19:04 IST

Change in Management

Management Changes View source PDF

ZUARIIND · price

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₹252.50
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₹251.30
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AI summary

Zuari Industries reported audited financial results for Q4 and FY2026 ended March 31, 2026. Standalone profit before tax was Rs. 2,436.41 lakhs compared to a loss of Rs. 2,620.43 lakhs in the previous year. Consolidated profit before tax was Rs. 12,224.66 lakhs against a loss of Rs. 8,756.99 lakhs last year. The company declared an interim dividend of Rs. 0.37 per preference share and recommended a final dividend of Rs. 1 per equity share. The board also approved the re-appointment of Mr. Alok Saxena as Whole Time Director for two years from July 2026, and shifted its registered office within Goa from one address in Zuarinagar to another nearby location. Consolidated total income stood at Rs. 1,15,511.11 lakhs, up from Rs. 1,08,247.57 lakhs in FY2025.

Likely market impact

The company returned to profitability on both standalone and consolidated basis after a loss-making FY2025. Dividend payouts are positive for equity shareholders. The re-appointment of Mr. Alok Saxena indicates management continuity and stability.