GlaxoSmithKline Pharmaceuticals has announced its audited financial results for the year ended 31st March 2026. The company reported a profit of Rs. 103,598 Lakhs for the year. Demonstrating commitment to shareholder returns, the Board has recommended a final dividend of Rs. 57 per equity share. The upcoming 101st Annual General Meeting is scheduled for 30th June 2026, with the dividend entitlement record date set for 29th May 2026.
Financial Performance Overview
For the financial year ended 31st March 2026, the company achieved consolidated revenue from operations of Rs. 382,167 Lakhs. The consolidated profit for the year stood at Rs. 103,598 Lakhs, showcasing sustained growth compared to the previous financial year’s profit of Rs. 92,758 Lakhs. Basic and diluted earnings per share (EPS) after exceptional items for the year reached Rs. 61.15.
Strategic Dividend Recommendation
Reflecting strong financial health and confidence in long-term operations, the Board of Directors has recommended a final dividend of Rs. 57 per equity share on a face value of Rs. 10. This recommendation is subject to the approval of shareholders at the 101st Annual General Meeting (AGM). If approved, the dividend payment is scheduled to commence on and after 1st July 2026.
Annual General Meeting and Record Date
The company has scheduled its 101st AGM for Tuesday, 30th June 2026, which will be conducted via Video Conferencing or Other Audio Visual Means. Investors should note that Friday, 29th May 2026, is the fixed record date to determine the entitlement of members to the proposed final dividend.
Operating Context
The Board confirmed that the company does not fall under the category of a ‘Large Corporate’ as of 31st March 2026, noting that it has not issued debt securities and does not have outstanding long-term borrowings exceeding Rs. 1,000 Crores. Additionally, the company highlighted that the current financial results include the impact of new labour codes, which led to an increase of Rs. 1,182 Lakhs in employee benefit expenses for the year.
Source: BSE
