Syngene International announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated annual revenue of Rs. 37,387 million. Additionally, the Board recommended a final dividend of Rs. 1.25 per equity share and announced the appointment of new statutory auditors for a five-year term. Key operational highlights include continued growth in contract research and manufacturing services and a focus on long-term incentive plans.
Financial Performance for FY 2025-26
For the financial year ended March 31, 2026, Syngene International delivered a strong performance, reporting consolidated revenue from operations of Rs. 37,387 million. The consolidated profit for the year stood at Rs. 3,167 million. For the quarter ended March 31, 2026, the company recorded consolidated revenue of Rs. 10,365 million and a profit of Rs. 1,479 million.
Dividend Recommendation
Reflecting its commitment to shareholder value, the Board of Directors has recommended a final dividend of Rs. 1.25 per equity share (face value of Rs. 10/- each) for the financial year 2025-26. The record date for the dividend is set for Friday, June 26, 2026, with payment scheduled within 30 days following shareholder approval at the upcoming Annual General Meeting.
Strategic Appointments and Governance
The company announced the appointment of M/s S. R. Batliboi & Associates LLP as the new statutory auditors. This appointment is for a 5-year term, beginning from the conclusion of the 33rd Annual General Meeting to be held on July 29, 2026, and extending until the AGM in 2031, subject to approval by the shareholders.
Operational Updates
Syngene continues to bolster its research and manufacturing capabilities. The company noted significant milestones, including the commencement of operations for a drug substance production line and bonded warehouse. Additionally, the company is moving forward with the implementation of the Long Term Incentive Performance Share Plan 2023, with recent share allotments approved by the Board to support this initiative.
Source: BSE
