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JSL Industries Ltd has reported its audited financial results for the fiscal year ending March 31, 2026, announcing a profit of ₹3.29 crore on revenue of ₹56.43 crore. This performance marks a significant recovery for the company, which had reported a substantial loss in the previous fiscal year.
The board of directors, in a meeting held on May 13, 2026, also approved the financial results for the fourth quarter of FY26, which concluded on March 31, 2026. During the fourth quarter, the company posted a profit of ₹1.19 crore on revenue of ₹1.73 crore.
A key outcome of the board meeting was the recommendation for a 6% dividend on its Non-Convertible Non-Cumulative Redeemable Preference Shares. This dividend payout is contingent upon approval from shareholders at the upcoming Annual General Meeting (AGM), scheduled for July 7, 2026.
Additionally, the board approved the re-appointment of Mrs. Tejal R. Amin as Wholetime Director for a three-year term, effective from July 1, 2026. This move signals continuity in management and reinforces board stability.
These decisions will be put before shareholders for their vote at the AGM. The company's ability to sustain this profitability and drive future revenue growth will be key factors for investors to monitor, especially within the competitive steel pipes and tubes sector where peers like APL Apollo Tubes Ltd and Jindal Saw Ltd operate.