Outcome of Board Meeting.
ZUARIIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zuari Industries Limited reported a significant turnaround with standalone profit after tax of INR 1,214.38 lakhs for FY26 compared to a loss of INR 3,736.81 lakhs in FY25. Consolidated profit after tax stood at INR 10,578.21 lakhs versus a loss of INR 9,437.38 lakhs in the previous year. Total consolidated income increased to INR 1,15,511.11 lakhs from INR 1,08,247.57 lakhs. The Board declared interim dividend of 3.70% on preference shares and recommended a final dividend of 10% (INR 1 per share) on equity shares, subject to shareholder approval at the AGM. Mr. Alok Saxena was re-appointed as Whole-Time Director for two years from July 2026. The company also shifted its registered office within Goa from Jai Kisaan Bhawan to Jai Kisaan Club in the same area.
Strong turnaround from losses in FY25 to profits in FY26 with positive EPS of INR 36.25 on consolidated basis signals operational improvement. Dividend declarations provide direct shareholder returns, while the re-appointment of key management ensures continuity. The stock may see positive sentiment given the earnings recovery.