SML Mahindra Approves FY26 Results, Recommends 235% Dividend

SML Mahindra Ltd announced the outcome of its Board Meeting held on April 20, 2026. The Board approved the audited financial results for the fourth quarter and the full financial year ended March 31, 2026. The company reported a profit after tax of ₹159.75 crores for FY26, a significant increase from ₹121.67 crores in FY25. Revenue from operations for FY26 stood at ₹2,837.92 crores. The auditors, M/s B S R & Co. LLP, issued an unmodified opinion on the financial results. Additionally, the Board recommended a final dividend of 235% (₹23.50 per share) for FY26. Mr. K.N. Vaidyanathan was appointed as the Internal Auditor for FY 2026-27. The 42nd Annual General Meeting is scheduled for July 21, 2026, with July 3, 2026, set as the record date for dividend payment.