Prism Johnson Limited reported its audited financial results for the quarter and year ended March 31, 2026. For the fiscal year, the company achieved total income of ₹7,355.47 crore with a net profit of ₹55.99 crore. The financial statements reflect a strategic focus on operational efficiency and a transition in its business portfolio, including the classification of the Insurance division as a discontinued operation.
Financial Performance Overview
For the fiscal year ended March 31, 2026, Prism Johnson Limited posted a total income of ₹7,355.47 crore, up from ₹6,857.05 crore in the previous year. The company recorded an annual net profit of ₹55.99 crore. In the fourth quarter (Q4) ending March 31, 2026, the company reported a total income of ₹2,098.55 crore, compared to ₹1,951.83 crore in the corresponding quarter of the previous year.
Segment Breakdown
The company operates across three key segments: Cement, HRJ (H & R Johnson), and RMC (Ready-mixed Concrete). The Cement division emerged as the largest contributor to revenue, generating ₹3,405.10 crore for the full year. The HRJ division contributed ₹2,391.66 crore, while the RMC division reported revenue of ₹1,533.60 crore. Segment results indicate varying performances across these divisions, with Cement contributing ₹149.54 crore in profit before exceptional items for the year.
Strategic Developments
A notable highlight of the fiscal year is the decision to divest the company’s entire shareholding in Raheja QBE General Insurance Company Limited. Consequently, the insurance business has been classified as ‘Discontinued Operations’ in the financial reports. An impairment loss of ₹79.03 crore was recognized as an exceptional item in the fourth quarter regarding this transaction. The sale received regulatory approval on May 7, 2026, marking a significant step in the company’s portfolio rationalization strategy.
Auditor’s Opinion
The statutory auditors, S R B C & Co. LLP, have issued an unmodified opinion on both the standalone and consolidated financial results for the period ended March 31, 2026, confirming that the financial statements present a true and fair view of the company’s financial position and performance in accordance with accounting standards.
Source: BSE