Standard Industries Reports Wider FY26 Net Loss; Board Approves Land Deal, Recommends Final Dividend
Published on: May 12, 2026, 3:43 p.m. | Source: scanx.trade
Standard Industries Limited reported a standalone net loss of ₹1,759.22 lakhs for FY26, wider than ₹1,380.44 lakhs in FY25, even as standalone revenue from operations grew to ₹3,068.34 lakhs from ₹2,234.98 lakhs. On a consolidated basis, the net loss stood at ₹1,950.17 lakhs for FY26 versus ₹1,350.97 lakhs in FY25. The board recommended a final dividend of Re. 0.25 per equity share for FY26 and approved the transfer of development rights over a Mumbai land parcel to Prabhadevi Developer Private Limited for ₹169,51,41,225/- along with 25,774.61 sq. ft. of residential RERA carpet area. The 129th Annual General Meeting has been scheduled for August 18, 2026.
