Orient Cement Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported a profit after tax of ₹33,768.61 lacs for the fiscal year. Additionally, the Board has recommended a dividend of ₹0.50 per share, subject to shareholder approval at the upcoming 15th Annual General Meeting. The company also confirmed key leadership and audit appointments as part of its operational restructuring.
Financial Performance Highlights
For the financial year ended March 31, 2026, Orient Cement recorded a robust revenue from operations of ₹2,79,312.35 lacs, compared to ₹2,70,883.37 lacs in the previous year. The company achieved a profit after tax of ₹33,768.61 lacs, marking a significant performance increase from ₹9,124.64 lacs reported in the prior fiscal year. Earnings per share for the year stood at 16.44.
Dividend and Annual General Meeting
The Board of Directors has recommended a dividend of ₹0.50 (50%) per equity share of face value Re.1/- for the financial year 2025-26. The company has fixed Friday, June 12, 2026, as the ‘Record Date’ to determine shareholder eligibility. The 15th Annual General Meeting is scheduled to be held on Friday, June 26, 2026, at 04:30 p.m. via video conferencing.
Leadership and Operational Changes
As part of its organizational realignment, the company has appointed M/s. Grant Thornton Bharat LLP as the new Internal Auditor, succeeding Mr. Shobhit Dwivedi. Furthermore, M/s. P.M. Nanabhoy & Co. has been appointed as the Cost Auditor for the financial year 2026-27. These changes reflect the company’s commitment to enhancing operational governance and transparency.
Strategic Updates
The company noted that it is now a subsidiary of Ambuja Cements Limited, which holds a 72.66% stake in the company following a series of share acquisitions completed in 2025. Additionally, the registered office of the company has been relocated to Adani Corporate House in Ahmedabad as of January 9, 2026.
Source: BSE