DOMS Industries Reports Strong Financial Growth and Dividend Recommendation

DOMS Industries Limited has announced robust financial results for the year ended March 31, 2026. The company reported a significant increase in annual revenue to ₹2,049.64 crore and a net profit of ₹219.51 crore. Additionally, the Board has recommended a final dividend of ₹3.65 per equity share and approved the re-appointment of its Managing Director and Whole-time Director for a further five-year term.

Annual Financial Performance

For the financial year ended March 31, 2026, DOMS Industries delivered impressive growth. The company reported total annual revenue from operations of ₹2,049.64 crore, compared to ₹1,709.11 crore in the previous year. Net profit for the period climbed to ₹219.51 crore, up from ₹189.86 crore in the previous fiscal year, showcasing sustained operational efficiency.

Dividend and Strategic Appointments

Reflecting its strong performance, the Board of Directors has recommended a final dividend of ₹3.65 per equity share (face value of ₹10 each), subject to shareholder approval. Furthermore, the company has reinforced its leadership team by approving the re-appointment of Mr. Santosh Raveshia as Managing Director and Mr. Sanjay Rajani as Whole-time Director. Both leaders have been re-appointed for a five-year term commencing January 1, 2027, until December 31, 2031.

Operational Highlights

The company continues to expand its footprint. During the year, it acquired a 51% stake in Super Treads Private Limited to diversify its portfolio. Additionally, DOMS maintains a strong balance sheet, with the Consolidated Financial Results highlighting a total asset base of ₹1,711.93 crore. The Board also confirmed the appointment of M/s. B.F. Modi & Associates as Cost Auditors and M/s. HTKS & Co. as Internal Auditors for the 2026-27 financial year.

Source: BSE

Previous Article

Swan Corp Board Meeting Scheduled to Review Q4 Results and Dividend

Next Article

V.I.P. Industries Senior Management Transition Announced