Shakti Pumps (India) Limited has announced its audited financial results for the financial year ended March 31, 2026. The company reported consolidated annual revenue of ₹2,697.61 crore and a net profit of ₹257.58 crore. In a move to reward shareholders, the Board has recommended a final dividend of ₹1 per equity share (10% on face value). Additionally, the company confirmed the upcoming 31st Annual General Meeting on August 5, 2026.
Financial Performance Overview
For the fiscal year ending March 31, 2026, Shakti Pumps recorded strong consolidated financial performance. The company achieved an annual revenue from operations of ₹2,697.61 crore, compared to ₹2,516.24 crore in the previous year. The consolidated net profit for the year stood at ₹257.58 crore. The Board of Directors has recommended a final dividend of ₹1 per share for the financial year, subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for August 5, 2026.
Strategic Leadership Updates
In addition to financial results, the company announced key leadership re-appointments. Mr. Dinesh Patidar has been re-appointed as Chairman cum Whole-time Director, and Mr. Ramesh Patidar has been re-appointed as Managing Director, both for a new term of three years effective from May 7, 2026. These appointments remain subject to approval from shareholders at the ensuing AGM.
Operational Developments
The company also finalized its corporate governance and audit appointments. M/s. M.P. Turakhia & Associates has been appointed as the Cost Auditor for the 2026-27 financial year. Furthermore, the company successfully concluded its board meeting, which took place via video conferencing on May 7, 2026, where the management reviewed the board report, business responsibility, and sustainability reports for the completed fiscal year.
Corporate Calendar
Shareholders should note that the company has fixed July 29, 2026, as the record date for determining entitlement to the proposed dividend payment. The 31st AGM will be conducted via Video Conferencing / Other Audio Visual Means, ensuring accessibility for all stakeholders.
Source: BSE
