Ratnamani Metals & Tubes Ltd has announced strong financial results for the financial year ended March 31, 2026. The Board of Directors has recommended a final dividend of Rs. 10 per equity share (500%). Additionally, the company reported a standalone net profit of Rs. 43,395.50 Lakhs for the year. Shareholders are set to convene for the 42nd Annual General Meeting on August 18, 2026 to approve these corporate actions.
Financial Performance Overview
For the financial year 2025-26, Ratnamani Metals & Tubes Ltd reported a standalone net profit of Rs. 43,395.50 Lakhs. Revenue from operations reached Rs. 3,68,930.02 Lakhs. On a consolidated basis, the group demonstrated robust growth, with revenue from operations at Rs. 4,49,396.17 Lakhs and a consolidated net profit of Rs. 53,446.51 Lakhs.
Dividend and Shareholder Payout
Reflecting the company’s strong financial health, the Board of Directors has recommended a dividend of Rs. 10 per equity share (500%) on the face value of Rs. 2.00 per share. The payout is subject to shareholder approval at the upcoming 42nd Annual General Meeting. The record date to determine member eligibility for the dividend has been set for Tuesday, August 11, 2026, with the expected payout date on or before September 17, 2026.
Strategic Corporate Updates
The company confirmed that the 42nd Annual General Meeting will be held on Tuesday, August 18, 2026, via Video Conferencing. Furthermore, the Board has re-appointed M/s. G. K. Choksi & Co. as Internal Auditors and M/s. N. D. Birla & Co. as Cost Auditors for the financial year 2026-27, ensuring continuity in fiscal oversight and governance standards.
Operational Highlights
The company noted a reversal of excess provision regarding the New Labour Codes. A previously estimated incremental liability of Rs. 1,820.42 Lakhs was revised downward to Rs. 1,039.57 Lakhs, resulting in an Rs. 780.55 Lakhs reversal during the quarter ended March 31, 2026, which positively impacted the quarterly financial outcome.
Source: BSE
