StockWatch
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Iron & Steel
Quarterly Result1 May 2026, 08:01 pm

Jindal Steel Board Approves Q4/FY26 Results, Recommends ₹2/Share Dividend

AI Summary

Jindal Steel Ltd's Board of Directors met on May 1, 2026, and approved the audited financial results for the fourth quarter and full financial year ended March 31, 2026, on both standalone and consolidated bases. The Board also recommended a final dividend of ₹2/- per equity share (200% on Re. 1/- face value) for FY 2025-26, pending shareholder approval at the upcoming Annual General Meeting. Additionally, M/s Shome & Banerjee, Cost Accountants, were re-appointed as the Company's Cost Auditors for the financial year 2026-27. The statutory auditors, Lodha & Co. LLP, issued an unmodified opinion on the financial results.

Key Highlights

  • Board approved Q4 and FY26 audited financial results.
  • Recommended ₹2/share (200%) final dividend for FY26.
  • Dividend payment is subject to shareholder approval at AGM.
  • M/s Shome & Banerjee re-appointed as Cost Auditors for FY27.
  • Statutory auditors issued an unmodified opinion on results.