Gujarat Craft Industries Profit Falls 72% in FY26, Proposes 5% Dividend

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AuthorAnanya Iyer|Published at:
Gujarat Craft Industries Profit Falls 72% in FY26, Proposes 5% Dividend
Overview

Gujarat Craft Industries reported a sharp decline in its financial performance for the fiscal year ending March 31, 2026. Profit after tax dropped to Rs 96.98 lakh from Rs 350.93 lakh in the prior year. Revenue also decreased. Despite the downturn, the company proposed a 5% final dividend.

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Gujarat Craft Industries Sees FY26 Profit Drop Amid Revenue Decline

Gujarat Craft Industries Ltd. announced its financial results for the fiscal year ended March 31, 2026, revealing a substantial decrease in profitability and revenue.

The company posted a profit after tax of Rs 96.98 lakh for the fiscal year. This marks a significant drop from the Rs 350.93 lakh profit reported in the previous fiscal year. Revenue from operations also saw a decrease, totaling Rs 18,405.68 lakh for FY26.

Despite the financial downturn, the board of directors recommended a final dividend of 5% for the fiscal year, offering some return to shareholders.

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