PI Industries Ltd. has announced strong financial results for the year ended March 31, 2026, posting consolidated revenue of ₹67,137 million and profit of ₹13,208 million. The company has recommended a final dividend of ₹10 per share, bringing the total dividend for the year to ₹15 per equity share. Additionally, the board approved significant management changes, including the appointment of a new Whole-time Director and designating a Lead Independent Director.
Financial Performance Overview
For the financial year ended March 31, 2026, PI Industries reported consolidated revenue from operations of ₹67,137 million, compared to ₹79,778 million in the previous year. The consolidated profit for the period stood at ₹13,208 million. On a standalone basis, the company achieved revenue of ₹61,827 million and a profit of ₹14,348 million for the same period.
Dividend Recommendation
Demonstrating its commitment to shareholder value, the Board has recommended a final dividend of ₹10 per equity share (1000% of the face value of Re. 1). When combined with the interim dividend of ₹5 per share already paid, the total dividend payout for the financial year 2025-26 reaches ₹15 per equity share. The final dividend is subject to approval by members at the upcoming Annual General Meeting.
Leadership and Governance Changes
The company announced several key leadership transitions: Dr. Atul Kumar Gupta has been appointed as an Additional Director and Whole-time Director for a three-year term. Mr. Rajnish Sarna has resigned as Joint Managing Director to focus on his health and will continue as a Non-Executive, Non-Independent Director. Additionally, Ms. Lisa J Brown has been designated as the Lead Independent Director.
Strategic Personnel Development
In a move to strengthen its scientific and research capabilities, Dr. Marco Busch, Global Chief Scientific Officer for PI AgSciences, has been designated as Senior Management Personnel. His appointment is aimed at accelerating the company’s innovation roadmap, particularly in its research and development sectors, reflecting PI Industries’ strategic focus on long-term growth in the agro-chemical industry.
Source: BSE
