Visaka Industries Approves Financial Results and Final Dividend for FY2025-26
Visaka Industries Limited announced the approval of its audited financial results for the fourth quarter and the financial year ended March 31, 2026, during a Board meeting held on May 18, 2026. Additionally, the Board recommended a final dividend of Rs. 1.20 per share (which represents 60% of the face value) on the company's Equity Shares of Rs. 2 each for the financial year 2025-26.The Board also approved the convening of the 44th Annual General Meeting (AGM) of the company's members, scheduled for Thursday, July 30, 2026. The record date for determining members entitled to receive the final dividend, Annual Report, and to attend the AGM for the financial year ended March 31, 2026, has been set as June 26, 2026.
Financial Performance Highlights
The company released comprehensive audited standalone and consolidated financial results for the period ended March 31, 2026.Key Financial Metrics (in Lakhs):
| Metric | For Quarter Ended March 31, 2026 | For Year Ended March 31, 2026 |
|---|---|---|
| Total Income | 48,111.52 | 1,68,269.15 |
| Total Expenses | 45,197.45 | 1,63,214.21 |
| Profit Before Tax | 5,210.10 | 11,025.27 |
| Net Profit for the Period after Tax | 4,091.54 | 8,783.24 |
| Total Comprehensive Income/(Loss) after tax | 4,088.60 | 8,914.80 |
| Earnings Per Share (Basic) | 4.74 | 10.17 |
The company reported the sale of assets, including land in Ahmedabad, Gujarat, during the June 2025 quarter, and land and building sold in Kanchipuram, Tamil Nadu, during the March 2026 quarter. The profits from the sale of these assets were accounted for as exceptional items, amounting to 3,674.30 lakhs and 2,296.03 lakhs, respectively, in the respective quarters.
Changes in Key Leadership and Auditing Mandates
The Board of Directors also approved structural changes related to the company's management and audit framework:- CFO Appointment: Mr. Ramakrishna Pendyala was approved for appointment as Chief Financial Officer (CFO) with effect from June 20, 2026. The company noted that Mr. Pendyala is a qualified Chartered Accountant (CA), Cost and Management Accountant (CMA), and Certified Public Accountant (CPA - USA). He brings over 21 years of experience across finance, treasury, taxation, and corporate governance.
- CFO Cessation: Mr. S. Shafiulla ceased to be Chief Financial Officer and Key Managerial Personnel on attaining the age of retirement, effective from the closing business hours of June 19, 2026.
- Cost Auditor Reappointment: M/s. Sagar & Associates, Practicing Cost Accountants, were approved for reappointment as Cost Auditors for the Financial Year 2026-27.
Other Operational Updates
The company confirmed that it is not categorized as a large corporate entity.Visaka Industries Limited maintains several operational locations and divisions across India, including:
| Location/Division | Details |
|---|---|
| Registered & Corporate Office | "VISAKA TOWER", 1-8-303/69/3, S.P. ROAD, SECUNDERABAD - 500 003 |
| A.C. Division/Factory | Survey No. 164, 168/2, Manikantham (V), Paramathi-Velur Taluq, Namakkal Dist., Tamil Nadu, Pin 637 207 |
| Textile Division/Factory | Plot No. 11, 12,18 To 21 & 30, Changsole Mouza, Bankibundh G.P. No. 4, Salboni Midnapur West, W.B, Pin 721 147 |
| Pune Division/Factory | GAT. No. 70/3A & 70/3A/3 & 70/1B & 70/1C, Sahajpur Industrial Area, Nandur (V), Daund (Tq), Pune Dist., Maharashtra, Pin 412 202 |
| Karnataka Division/Factory | Survey No. 90/2A 90/2B 27/1, G.Nagenhalli (V), Kempannadodderi Post, Kestur Road, Kora Hobli, Tumkur Dist., Karnataka, Pin 572 138 |
| AP Division/Factory | Survey No. 385, 386, Jujjuru (V), Chennaraopalem Post, Near Kanchikacharla, Veerulapadu (Mdl), NTR Dist., A.P, Pin 521 181 |
VISAKAIND Stock Price Movement
Today, Visaka Industries Limited shares edged higher to settle at ₹76.57, marking a gain of 1.32% in post-market trading. The stock showed strong investor interest, trading on a notable volume of 350,000 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.