Indian Wood Products reported a net profit of ₹355.31 lakh for the financial year ended March 31, 2026, compared to ₹367.79 lakh in the previous year. Revenue from operations for the year stood at ₹22,853.42 lakh, up from ₹22,580.82 lakh in FY25. The Board has recommended a final dividend of Re. 0.20 per equity share, representing 10% of the face value, for approval at the upcoming Annual General Meeting.

The audited standalone financial results for the quarter ended March 31, 2026, show a net profit of ₹59.66 lakh, while revenue from operations for the quarter was ₹6,850.10 lakh. For the same quarter in the prior year, the company reported a net profit of ₹66.11 lakh on revenue of ₹5,444.67 lakh. The statutory auditor, M/s. S K Agrawal & Co. Chartered Accountants LLP, issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

Consolidated Performance

On a consolidated basis, the company reported a net profit of ₹456.18 lakh for FY26, a decrease from ₹529.15 lakh in the previous year. Total revenue for the year was ₹22,918.46 lakh. The consolidated results include the company's share of profit from its joint venture, M/s Agro & Spice Trading PTE. Ltd, amounting to ₹100.87 lakh for the year. The joint venture's financial information was converted from accounting principles generally accepted in its respective country to those accepted in India.

Key Financial Metrics

The following table outlines the standalone financial performance for the year and quarter ended March 31, 2026:

Corporate Governance and Appointments

The Board appointed M/s. R K D S & Associates, Chartered Accountants, as the Internal Auditor for the financial year 2026-27. The firm was re-appointed based on the recommendation of the Audit Committee. Additionally, the Board scheduled the 106th Annual General Meeting for September 22, 2026, via Video Conferencing. The register of members and share transfer books will remain closed from September 16, 2026, to September 22, 2026, to determine dividend entitlement.

The company noted that the Government of India's implementation of new Labour Codes, including the Code on Wages, 2019, led to a provision of ₹13.63 lakh primarily arising from the change in the definition of "wages". The company continues to monitor the finalization of rules and will record the appropriate accounting impact as developments occur.

The Indian Wood Products Co. Ltd. has scheduled a meeting of its Board of Directors for Saturday, May 30, 2026. The meeting will be held at 12.30 P.M. at the company's Registered Office located at 9, Brabourne Road, Kolkata.

The primary agenda for the board meeting includes the consideration and approval of the Consolidated and Standalone Audited Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the directors will discuss the recommendation of a dividend, if any, on the equity shares of the company.

In conjunction with the upcoming financial results, the company has announced the closure of its trading window. This measure is in accordance with the Company's Code of Conduct for Regulating, Monitoring & Reporting Trading by Insiders. The trading window has been closed since April 1, 2026, for designated persons and their immediate relatives.

The closure will remain in effect until the end of 48 hours after the declaration of the Audited Financial Results. This standard procedure is implemented to prevent insider trading during the period when unpublished price-sensitive information is expected to be disseminated.

The company has submitted the intimation regarding the board meeting and the closure of the trading window to BSE Limited. Furthermore, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has published the notice of the board meeting in the Financial Express (All India Editions) and Arthik Lipi (West Bengal Edition).