Prakash Industries Limited (PRAKASH) — Corporate Action

📢 Key Event
Board approved FY2026 audited results and recommended ₹1.80 dividend per share.

🔄 What Changed
Net profit declined to ₹33,314 lakhs from ₹35,595 lakhs; qualified audit opinion due to ₹1,262 lakhs deferred tax adjustment; cash flow from operations at ₹29,899 lakhs.

🔮 What's Next
Dividend payment subject to shareholder approval at the upcoming AGM.

💡 Investor Takeaway
The company's profitability decreased year-on-year, and the dividend is pending shareholder ratification.

Prakash Industries reported audited FY2026 results with revenue of ₹3,47,866 lakhs and net profit of ₹33,314 lakhs, down from ₹35,595 lakhs in FY2025. The Board recommended a dividend of ₹1.80 per share (18% yield) pending shareholder approval. Auditor's report noted a qualified opinion due to deferred tax adjustments of ₹1,262 lakhs against securities premium, reducing adjusted net profit to ₹30,442 lakhs. Cash flow from operations stood at ₹29,899 lakhs. The company extracted 2.68 lakh MT of coal in Q4 and plans to increase annual mining capacity to 1.2 million MT.

📄 View Original Announcement (PDF)

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