Suraksha Diagnostic Posts ₹61.6 Cr Profit, Proposes 25% Dividend

HEALTHCAREBIOTECH
Whalesbook Corporate News Logo
AuthorRiya Kapoor|Published at:
Suraksha Diagnostic Posts ₹61.6 Cr Profit, Proposes 25% Dividend
Overview

Suraksha Diagnostic's board has approved its audited financial results for the fiscal year ending March 31, 2026, reporting a consolidated profit after tax of ₹61.60 crore. The company also recommended a dividend of 25% (₹0.50 per share), which requires shareholder approval at the upcoming AGM.

Instant Stock Alerts on WhatsApp

Used by 10,000+ active investors

1

Add Stocks

Select the stocks you want to track in real time.

2

Get Alerts on WhatsApp

Receive instant updates directly to WhatsApp.

  • Quarterly Results
  • Concall Announcements
  • New Orders & Big Deals
  • Capex Announcements
  • Bulk Deals
  • And much more

Suraksha Diagnostic Reports Strong FY26 Performance, Recommends Dividend

Suraksha Diagnostic Limited's Board of Directors met on May 21, 2026, to approve the audited financial results for the fiscal year ending March 31, 2026. The company announced a consolidated profit after tax of ₹61.60 crore and a standalone profit after tax of ₹57.06 crore.

Dividend Approval and AGM

The board recommended a dividend of ₹0.50 per equity share, totaling 25% of the face value, for the financial year 2025-26. This recommendation is subject to the approval of shareholders at the upcoming 21st Annual General Meeting (AGM). The AGM is scheduled for September 2, 2026, and will be conducted via video conference.

Financial Performance Highlights

For the financial year ended March 31, 2026, Suraksha Diagnostic reported:

  • Consolidated Revenue: ₹82.20 crore
  • Consolidated Profit After Tax: ₹61.60 crore
  • Standalone Revenue: ₹79.86 crore
  • Standalone Profit After Tax: ₹57.06 crore

As of March 31, 2026, the company's consolidated assets stood at ₹448.12 crore, with consolidated liabilities at ₹204.64 crore. Standalone assets were ₹450.14 crore, and standalone liabilities were ₹200.34 crore.

Corporate Governance Appointments

The company also approved the notice for the AGM and made key appointments. M/s. Suresh Surana & Associates LLP has been appointed as the Internal Auditor for FY26-27. Additionally, M/s. S Chhaparia & Associates has been re-appointed as the Cost Auditor for the same fiscal year. Both appointments are subject to shareholder ratification.

Subsidiary Dispute and Risk Assessment

Suraksha Diagnostic is facing a significant challenge due to a dispute with the Government of Meghalaya, which has led to operational losses for one of its step-down subsidiaries. The recoverability of ₹392.20 lakh in investments, loans, and trade receivables related to this subsidiary is currently under assessment. Management is actively pursuing arbitration to resolve the matter.

What Investors Should Watch

Shareholders will vote on the proposed dividend at the upcoming AGM. Investors are also advised to closely monitor the progress and outcome of the arbitration proceedings concerning the subsidiary dispute, as it represents a key risk factor for the company.

Get stock alerts instantly on WhatsApp

Quarterly results, bulk deals, concall updates and major announcements delivered in real time.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.