The company's board has recommended a final dividend of Rs 0.71 per share for the financial year 2025-26, pending shareholder approval at the upcoming Annual General Meeting (AGM). This decision comes as the company faces a 33% decline in profit after tax (PAT) for the full financial year, dropping to Rs 800 crore from Rs 1,1989 crore in FY25.
In the fourth quarter of FY26, the company experienced a 20% sequential decrease in PAT, recording Rs 264 crore compared to the previous quarter. Despite this, the topline surged by 48% quarter-on-quarter, reaching Rs 6,696 crore, up from Rs 4,504 crore in the October-December quarter of FY26. For the full year, sales saw a mild increase from Rs 19,869 crore in FY25.
The company's expenses for the quarter under review amounted to Rs 6,535 crore, a 49% increase quarter-on-quarter and a 7% rise year-on-year. These expenses were attributed to various factors, including material consumption, employee benefits, and finance costs.
On a consolidated basis, the PAT fell sharply by 60% to Rs 182 crore in Q4FY26, compared to Rs 455 crore in Q4FY25. The bottom line also fell 44% on a quarter-on-quarter basis. However, revenue increased by 43% quarter-on-quarter to Rs 6,696 crore in Q4FY26, compared to Rs 4,684 crore in Q3FY26, and rose 4% year-on-year over Rs 6,427 crore in Q4FY25.
The company's total assets grew to Rs 20,588 crore in FY26, up from Rs 19,485 crore in FY25. However, it reported a negative cash flow of Rs 1,923 crore in FY26, slightly higher than the Rs 1,920 crore reported in FY25.
Background
The company's performance reflects broader market trends where rising costs have impacted profitability despite revenue growth.
Investors will be keenly watching the AGM for further insights into the company's future strategies and dividend decisions.
