Ingersoll-Rand FY26 net profit rises, recommends ₹20 dividend

1 min read     Updated on 09 Jun 2026, 05:55 PM
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AI Summary

Ingersoll-Rand (India) Limited reported a net profit of ₹25,603 lakh for the financial year ended March 31, 2026, with total income reaching ₹1,43,080 lakh. The board recommended a final dividend of ₹20 per equity share, subject to shareholder approval, while statutory auditors issued an unmodified opinion on the results.

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Ingersoll-Rand (India) Limited reported a net profit of ₹25,603 lakh for the financial year ended March 31, 2026. The board has recommended a final dividend of ₹20 per equity share of face value ₹10 each, subject to shareholder approval at the next Annual General Meeting. The statutory auditors issued an audit report with an unmodified opinion on the financial results.

Financial Performance

For the year ended March 31, 2026, the company reported total income of ₹1,43,080 lakh. Profit before tax, exceptional items, and extraordinary items was ₹35,519 lakh. The company recognized an exceptional item during the year related to the recognition of past service costs arising from the enactment of new Labour Codes.

Quarterly Results

For the quarter ended March 31, 2026, total income was ₹30,803 lakh, compared to ₹33,384 lakh in the corresponding quarter of the previous year. Net profit for the quarter was ₹6,481 lakh, down from ₹6,766 lakh in the same period last year. The quarter included an exceptional item loss of ₹1,478 lakh.

Dividend Declaration

The board recommended a final dividend of ₹20.00 per equity share for FY26. This payout is contingent upon approval by shareholders. The record date and payment timeline will be announced in compliance with the Companies Act, 2013.

Key Financial Metrics

The following table summarizes the financial results for the quarter and year ended March 31, 2026:

Particulars Quarter ended March 31, 2026 (Unaudited) Year ended March 31, 2026 (Audited) Corresponding Quarter ended March 31, 2025 (Unaudited)
Total Income ₹30,803 lakh ₹1,43,080 lakh ₹33,384 lakh
Net Profit / (Loss) for the period (before Tax, Exceptional and/ or Extraordinary items) ₹7,311 lakh ₹35,519 lakh ₹9,017 lakh
Net Profit / (Loss) for the period after Tax (after Exceptional and/ or Extraordinary items) ₹6,481 lakh ₹25,603 lakh ₹6,766 lakh
Total Comprehensive Income for the period ₹6,466 lakh ₹25,619 lakh ₹6,629 lakh
Equity Share Capital ₹3,157 lakh ₹3,157 lakh ₹3,157 lakh
Basic EPS (₹10 each) ₹20.53 ₹81.10 ₹21.43

Historical Stock Returns for Ingersoll Rand

1 Day5 Days1 Month6 Months1 Year5 Years
+3.60%+7.52%-6.47%+16.80%+6.91%+328.32%

How will the exceptional item related to the new Labour Codes impact the company's cost structure in future financial years?

What strategies does Ingersoll-Rand (India) plan to implement to reverse the decline in quarterly total income observed in Q4 FY26?

Is the final dividend of ₹20 per share sustainable given the dip in quarterly net profit and the exceptional losses incurred?

Ingersoll Rand appoints auditors for FY27 and five-year term

1 min read     Updated on 30 May 2026, 07:41 AM
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Ingersoll-Rand (India) Limited's Board appointed M/s Govindraj Akshay & Associates as Secretarial Auditor for a five-year term (FY27-FY31) and M/s Diwanji & Co as Cost Auditor for FY27. Both appointments are subject to shareholder ratification at the ensuing Annual General Meeting.

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Ingersoll-Rand (India) Limited has appointed M/s Govindraj Akshay & Associates as its Secretarial Auditor for a five-year term, while M/s Diwanji & Co has been appointed as the Cost Auditor for the financial year 2026-27. The Board of Directors approved these appointments at its meeting held on May 29, 2026, to ensure compliance with regulatory requirements and maintain robust governance standards.

The recommendation to appoint M/s Govindraj Akshay & Associates (Firm Registration No. P2025KR479000) covers the period from Financial Year 2026-27 to Financial Year 2030-31. The firm, an established entity of Practicing Company Secretaries, specializes in corporate and allied laws, including advisory and compliance services under the Companies Act, 2013, FEMA, and SEBI Regulations. The firm has undergone Peer Review and Quality Review by the Institute of Company Secretaries of India (ICSI).

For the cost audit function, the Board approved the engagement of M/s Diwanji & Co (Firm Registration Number: 000339) for the financial year 2026-27. This firm, established in 1966, specializes in cost and management accounting, cost audit, and maintenance of cost records under the Companies Act, 2013 and the Companies (Cost Records and Audit) Rules, 2014. The firm is registered with the Institute of Cost Accountants of India.

The remuneration payable to the Cost Auditors, as recommended by the Board, will be placed before shareholders for ratification at the ensuing Annual General Meeting. Similarly, the appointment of the Secretarial Auditor requires shareholder approval. The Board meeting commenced at 2.15 p.m. and concluded at 3.45 p.m.

Auditor Appointment Details

Particulars Secretarial Auditor Cost Auditor
Firm Name M/s Govindraj Akshay & Associates M/s Diwanji & Co
Firm Registration No. P2025KR479000 000339
Date of Appointment May 29, 2026 May 29, 2026
Term of Appointment FY27 to FY31 FY27
Regulatory Reference Regulation 24A of SEBI (LODR) Regulations, 2015 Section 148 of the Companies Act, 2013

Historical Stock Returns for Ingersoll Rand

1 Day5 Days1 Month6 Months1 Year5 Years
+3.60%+7.52%-6.47%+16.80%+6.91%+328.32%

How will the long-term five-year engagement with the Secretarial Auditor influence Ingersoll-Rand's governance strategy?

What cost control measures does the company anticipate implementing with the new Cost Auditor's assistance?

Are there any upcoming regulatory changes that these specific auditor appointments are designed to address?

More News on Ingersoll Rand

1 Year Returns:+6.91%