Quarterly Result28 May 2026, 11:23 pm
500144 FY26 Results Approved, 450% Dividend, New CEO & CFO Appointed
AI Summary
The Board of Directors of 500144 approved the Audited Standalone and Consolidated Financial Results for the Financial Year ended March 31, 2026. The company reported a Consolidated Net Profit after Tax of ₹700.77 Crore and Standalone Revenue from Operations of ₹6,321.01 Crore for FY26. The Board recommended a dividend of 450% (₹9 per equity share of ₹2 each) for FY26, pending shareholder approval. Additionally, Mr. Mahesh Viswanathan was elevated from Dy. CEO & CFO to Chief Executive Officer, and Mr. Sachin Naik was appointed as the new Chief Financial Officer, both effective June 1, 2026. The statutory auditors, Deloitte Haskins Sell LLP, issued an unmodified opinion on the financial results.
Key Highlights
- Board approved Audited Standalone and Consolidated Financial Results for FY26.
- Recommended a 450% dividend (₹9 per share) for FY26, subject to shareholder approval.
- Mahesh Viswanathan elevated to CEO, Sachin Naik appointed as CFO, effective June 1, 2026.
- Consolidated Net Profit after Tax for FY26 was ₹700.77 Crore.
- Statutory Auditors issued an unmodified opinion on the financial results.
Price Impact
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