Alkali Metals Ltd. Board Approves FY26 Audited Results, Recommends 10% Dividend
Alkali Metals Ltd. approved audited FY26 results, reporting total income of ₹9,364.16 lakh and net profit of ₹55.65 lakh. The board recommended a 10% dividend (₹1 per share). Mr. Y.V. Prashanth was appointed Executive Director, and Sri Y.S.R. Venkata Rao's re-appointment as MD was approved.
The approval of audited financial results, dividend recommendation, and key management appointments are material events that can influence investor decisions and company strategy, warranting a medium impact.
The company reported improved financial performance for the full year, including a move from a net loss to a net profit, and recommended a dividend, indicating positive financial health and shareholder returns.
Alkali Metals Limited announced the outcome of its Board Meeting held on May 26, 2026. The board approved the audited financial results for the quarter and financial year ended March 31, 2026. It also recommended a final dividend of 10%, amounting to ₹1 per equity share of ₹10 each.
During the meeting, the board approved the appointment of Mr. Y.V. Prashanth as an Executive Director, effective June 1, 2026, subject to member approval at the upcoming Annual General Meeting (AGM). Furthermore, the re-appointment of Sri Y.S.R. Venkata Rao as Managing Director, effective May 1, 2027, was also approved and recommended for member approval at the ensuing AGM.
The company reported a total income of ₹2,901.34 lakh for the quarter ended March 31, 2026, a significant increase from ₹2,510.45 lakh in the same quarter of the previous year. For the full financial year ended March 31, 2026, the total income stood at ₹9,364.16 lakh, up from ₹8,389.70 lakh in the prior year. The net profit after tax for the quarter was ₹401.53 lakh, compared to ₹435.47 lakh in the corresponding quarter of the previous year. For the full financial year, the net profit stood at ₹55.65 lakh, a substantial improvement from a net loss of ₹579.98 lakh in the previous year.
The board meeting commenced at 5:04 PM IST and concluded at 6:20 PM IST.
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Alkali Metals Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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