Grasim Industries Approves Audited FY26 Results, Recommends 500% Dividend
Grasim Industries' Board approved audited FY26 results and recommended a 500% dividend (₹10 per share). Deloitte Haskins & Sells Chartered Accountants LLP appointed as Joint Statutory Auditors for five years. FY26 revenue was ₹41,039.48 crore with a net profit of ₹348.39 crore. Q4 FY26 revenue was ₹11,774.25 crore with a net loss of ₹163.54 crore.
The dividend announcement and auditor appointment are material events for shareholders and the company's governance.
The approval of audited financial results and recommendation of a significant dividend are positive indicators for the company.
Grasim Industries Limited announced the outcome of its Board Meeting held on May 20, 2026. The Board approved the Audited Financial Results (Standalone and Consolidated) for the financial year ended March 31, 2026. A dividend of 500%, or ₹10 per equity share of face value ₹2, was recommended, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Additionally, the company approved the appointment of M/s Deloitte Haskins & Sells Chartered Accountants LLP as Joint Statutory Auditors for a term of five years, commencing from the conclusion of the 79th AGM until the 84th AGM. This appointment follows the completion of the second term of M/s BSR & Co. LLP. M/s KKC & Associates LLP will continue as the other Joint Statutory Auditor.
The company also reported its financial performance for the year ended March 31, 2026. Revenue from operations stood at ₹41,039.48 crore for the year, with a net profit of ₹348.39 crore. For the fourth quarter ended March 31, 2026, revenue from operations was ₹11,774.25 crore, and the net profit was ₹(163.54) crore. The meeting commenced at 12:15 p.m. IST and concluded at 02:31 p.m. IST.
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Grasim Industries 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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