PI Industries Ltd has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company achieved strong financial performance, with an annual revenue of ₹61,827 million on a standalone basis. The Board of Directors has recommended a final dividend of ₹10 per share, bringing the total annual dividend to ₹15 per share. Additionally, the company announced strategic leadership updates and management appointments.
Financial Highlights
For the financial year ended March 31, 2026, PI Industries recorded a standalone revenue of ₹61,827 million. The profit for the year stood at ₹14,348 million. On a consolidated basis, the company reported annual revenue of ₹67,137 million and a consolidated profit of ₹13,208 million for the same period. The Board has recommended a final dividend of ₹10 per share, which, when combined with the ₹5 interim dividend already paid, results in a total dividend payout of ₹15 per share for the 2025-26 fiscal year.
Strategic Management and Leadership Updates
The company announced several key leadership changes during the board meeting held on May 19, 2026. Mr. Rajnish Sarna has resigned as Joint Managing Director to focus on his health but will continue his association with the company as a Non-Executive, Non-Independent Director. Furthermore, Mr. Arvind Singhal has announced his intention to retire from the Board at the upcoming Annual General Meeting.
In addition to these transitions, Dr. Atul Kumar Gupta has been appointed as an Additional Director in the Executive category and as a Whole-time Director for a three-year term. Dr. Marco Busch has been designated as Senior Management Personnel, and Ms. Lisa J Brown has been named the Lead Independent Director.
Future Outlook and Appointments
The Board also approved the re-appointment of M/s K.G. Goyal & Co. as Cost Auditors for the 2026-27 financial year. Other board-level re-appointments include Mr. Rafael Del Rio Donoso as a Non-Executive, Non-Independent Director, and Mr. Shobinder Duggal and Ms. Pia Singh as Independent Directors for their respective second terms, subject to shareholder approval at the ensuing Annual General Meeting.
Source: BSE
