
Dividend29 May 2026, 09:32 pm
Glenmark Pharma Recommends 250% Dividend; FY26 Results
AI Summary
Glenmark Pharmaceuticals Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a dividend of 250% (₹2.5 per share) on the equity share capital of the company, subject to shareholder approval. The Board meeting, held on May 29, 2026, reviewed the financial performance, with results available on the company website. Standalone revenue from operations for the year ended March 31, 2026, was ₹84,400.99 million compared to ₹92,264.09 million in the previous year. The company reported a standalone loss after tax of ₹2,007.99 million for the year ended March 31, 2026, compared to a profit of ₹16,103.50 million in the previous year.
Key Highlights
- Glenmark Pharma board approved audited financial results for FY26.
- A dividend of ₹2.5 per share (250%) was recommended, pending shareholder approval.
- Standalone revenue from operations stood at ₹84,400.99 million for FY26.
- Standalone loss after tax reported at ₹2,007.99 million for FY26.
- Meeting commenced at 04:30 p.m. and concluded at 07:26 p.m. on May 29, 2026.
Price Impact
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