Bombay Oxygen posts FY26 net loss, declares dividend
Bombay Oxygen Investments Limited reported a net loss of ₹324.06 crore for FY26, a sharp reversal from the net profit of ₹1,750.59 crore in FY25, primarily due to a net loss of ₹467.82 crore on fair value changes of financial assets. Total income turned negative at ₹182.43 crore. Despite the loss, the board recommended a dividend of ₹25 per equity share of ₹100 each, subject to shareholder approval. The company fixed August 18, 2026, as the record date for the dividend and the 65th Annual General Meeting.

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Bombay Oxygen Investments Limited reported a net loss of ₹324.06 crore for the financial year ended March 31, 2026, reversing the net profit of ₹1,750.59 crore achieved in the previous year. The company’s financial performance was heavily impacted by a net loss on fair value changes of financial assets, which totaled ₹467.82 crore for the year. Despite the loss, the Board of Directors has recommended a dividend of ₹25 per equity share of ₹100 each, pending approval by shareholders at the ensuing Annual General Meeting.
The audited financial results, approved by the board on May 27, 2026, reveal that total income for the year turned negative at ₹182.43 crore, compared to a positive total income of ₹2,090.39 crore in FY25. Dividend income for the year increased to ₹271.43 crore from ₹226.52 crore in the prior year. Total expenses rose to ₹205.01 crore from ₹182.74 crore in the previous year, primarily due to higher other expenses.
For the quarter ended March 31, 2026, the company reported a net loss of ₹3,140.75 crore, a sharp increase from the net loss of ₹1,230.14 crore in the corresponding quarter of the previous year. Total income for the quarter was a negative ₹3,541.48 crore, largely due to a net loss on fair value changes of financial assets of ₹3,565.12 crore during the period.
Financial Results for FY26
The following table outlines the key financial metrics for the year ended March 31, 2026, compared to the prior year:
| Particulars | Year Ended 31.03.2026 (₹ in Lakhs) | Year Ended 31.03.2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | ||
| Dividend Income | 271.43 | 226.52 |
| Net gain/(loss) on fair value changes | (467.82) | 1,794.79 |
| Other Income | 13.96 | 69.08 |
| Total Income | (182.43) | 2,090.39 |
| Total Expenses | 205.01 | 182.74 |
| Profit/(Loss) before tax | (387.44) | 1,907.65 |
| Net Profit/(Loss) for the year | (324.06) | 1,750.59 |
Balance Sheet Highlights
As of March 31, 2026, the company's total assets stood at ₹4,962.12 crore, a decrease from ₹5,089.22 crore in the previous year. Investments constituted the largest portion of assets at ₹4,883.92 crore, down from ₹5,008.25 crore in FY25. Total equity decreased to ₹4,726.26 crore from ₹4,830.73 crore, while other equity stood at ₹4,711.26 crore.
Corporate Actions
The Board has fixed Tuesday, August 18, 2026, as the record date to determine shareholders eligible for the final dividend and the Annual General Meeting. The register of members will remain closed from August 19, 2026, to August 25, 2026. The 65th Annual General Meeting is scheduled for August 25, 2026, via video conferencing. The Independent Auditor's Report for the financial results is free from qualifications.
Historical Stock Returns for Bombay Oxygen
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.52% | -6.07% | -9.00% | -16.89% | -23.54% | +40.58% |
How will shareholders react to the recommended dividend given the significant net loss and decline in total income?
What strategies will the company employ to mitigate the volatility in fair value changes of financial assets moving forward?
Will the company adjust its investment portfolio composition to reduce exposure to high-risk assets following this year's losses?
































