RHI MAGNESITA INDIA LIMITED reported standalone revenue from operations of Rs 3,356.59 crore for the financial year ended March 31, 2026, registering a 19.8 per cent increase from Rs 2,801.86 crore in the previous year. Total standalone income for FY26 stood at Rs 3,362.21 crore.
Standalone expenses for the year amounted to Rs 3,101.65 crore, yielding a profit before exceptional items and tax of Rs 260.57 crore. RHI Magnesita India recorded an exceptional impairment charge of Rs 660.92 crore on its investment in a subsidiary. Net profit for FY26 stood at Rs 20.65 crore, with earnings per share of Rs 10.00 compared with Rs 22.30 crore and Rs 10.80 per share in FY25.
For the fourth quarter ended March 31, 2026, standalone revenue from operations was Rs 785.71 crore. RHI Magnesita India reported a net loss for the quarter, primarily due to the impairment charge booked in the period.
The board of directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with the statements of assets and liabilities and cash flows.
The board recommended a final dividend of Rs 2.50 per equity share of face value Re. 1 each for the financial year 2025-26, translating to a dividend rate of 250 per cent. The total dividend for the year is Rs 2.50 per share. The payout is subject to shareholder approval at the annual general meeting, and the record date will be announced separately.
The board meeting was initially convened on May 28, 2026, at 2:30 p.m. and was adjourned at 3:55 p.m. The meeting reconvened on May 29, 2026, at 4:45 p.m. and concluded at 8:30 p.m. when the board finalised its approvals.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.