Aditya Birla Real Estate Limited has reported its audited financial results for the year ended March 31, 2026. The Board of Directors has recommended a dividend of Rs. 2.50 per share, representing a 25% payout on the paid-up equity share capital. The company also announced the appointment of M/s. Singhi & Co. as the new Statutory Auditors for a five-year term starting from the conclusion of the upcoming 129th Annual General Meeting.
Financial Performance Overview
For the financial year ended March 31, 2026, the company has shown a robust operational performance. Following the strategic decision to discontinue textile operations and divest its pulp and paper business, the company has focused its efforts on its Real Estate segment. The audited standalone results for the year indicate a profit after tax of Rs. 128.64 crore from continuing operations, compared to a loss of Rs. 15.05 crore in the previous year.
Dividend and Shareholder Returns
Recognizing the company’s performance, the Board of Directors has recommended a dividend of Rs. 2.50 per equity share (face value of Rs. 10/- each). This marks an increase over the 20% dividend paid during the previous year, demonstrating a commitment to enhancing shareholder value. The dividend payout is subject to final approval by the shareholders at the company’s 129th Annual General Meeting (AGM).
Strategic Business Transition
The company continues to transition away from legacy business lines. The Real Estate segment now serves as the core focus, encompassing residential, leased, and investment properties. The company successfully executed a business transfer agreement for the sale of its pulp and paper undertaking, and the results reflect the impact of these discontinued operations. Furthermore, the company has proactively managed its tax position by reversing a Net Deferred tax liability of INR 123.76 crore, reflecting a shift to a more favorable tax regime starting from the 2026-27 tax year.
Auditor Appointment
In accordance with corporate governance standards, the company has initiated a transition in its statutory auditing firm. The term of the current auditors, S R B C & CO LLP, concludes at the 129th AGM. The Board has recommended the appointment of M/s. Singhi & Co., Chartered Accountants, for a five-year tenure covering the financial years 2026-27 to 2030-31, subject to approval from the shareholders.
Source: BSE
