Kalyani Steels has announced its financial results for the quarter and year ended March 31, 2026, reporting a robust annual net profit of ₹2,551.37 million. The Board of Directors has recommended a final dividend of ₹10 per share for the fiscal year. Additionally, the company has strengthened its leadership team with the appointment of Mr. Shishir Joshipura as an Independent Director and Mr. Bantu Upendra Kumar Patro as the new Chief Financial Officer.
Financial Highlights for FY 2025-26
For the financial year ended March 31, 2026, Kalyani Steels delivered a solid performance with total revenue from operations reaching ₹18,456.07 million. The company reported a net profit after tax of ₹2,551.37 million for the full year. For the final quarter (Q4, Jan-Mar 2026), the company achieved a standalone profit after tax of ₹710.25 million.
Dividend Recommendation
Reflecting its commitment to shareholder value, the Board of Directors has recommended a dividend of ₹10 per equity share (with a face value of ₹5 each), representing a 200% payout for the 2025-26 financial year. This dividend is subject to approval by shareholders at the company’s upcoming Fifty-Third Annual General Meeting.
Strategic Leadership Changes
The company has announced key additions to its leadership team effective May 2026:
- Mr. Shishir Joshipura joins the Board as an Additional Independent Director for a four-year term, effective May 8, 2026. He brings over 42 years of extensive experience in process technology, industrial services, and leadership roles at major global and Indian organizations.
- Mr. Bantu Upendra Kumar Patro has been appointed as the Chief Financial Officer (CFO), effective May 9, 2026. A seasoned finance professional with three decades of experience, he holds expertise in capital structuring, project financing, and financial governance.
Operational Context
The company continues to focus on its core manufacturing of forging and engineering-quality carbon and alloy steels. During the year, the company accounted for ₹79.26 million in exceptional items related to the impact of new labour code wage definitions, reflecting proactive financial management and compliance with evolving regulatory standards.
Source: BSE
