IVP FY26 Net Profit Rises 65% to ₹1,868 Lakh, Declares Dividend
IVP Limited reported a 65.2% increase in net profit to ₹1,868 lakh for FY26, with revenue from operations growing to ₹59,455 lakh. The board recommended a final dividend of ₹1.50 per share and approved the re-appointment of statutory auditors and independent directors.
*this image is generated using AI for illustrative purposes only.
IVP Limited announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting a significant rise in annual profitability. The company’s net profit for the year increased by 65.2% to ₹1,868 lakh from ₹1,131 lakh in the previous year. Revenue from operations grew to ₹59,455 lakh for FY26, compared to ₹53,885 lakh in the corresponding period last year.
Financial Performance
For the quarter ended March 31, 2026, the company recorded a net profit of ₹886 lakh, a substantial rise from ₹383 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹16,444 lakh. Total income for the year rose to ₹59,883 lakh from ₹54,243 lakh in FY25. The board noted that the statutory auditors, M/s. Rajendra & Co., issued an unmodified opinion on the annual audited financial results.
The financial results include an exceptional item of ₹46 lakh for the year, related to a one-time increase in provisions for employee benefits due to the new Labour Codes. Additionally, the company fully provided for a fraud amounting to ₹613 lakh detected in the preceding quarter.
| Particulars | Year Ended 31.03.2026 (₹ in Lakhs) | Year Ended 31.03.2025 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 59,455 | 53,885 |
| Total Income | 59,883 | 54,243 |
| Total Expenses | 57,323 | 52,717 |
| Profit for the Period | 1,868 | 1,131 |
| Earnings Per Share (Basic) | 18.09 | 10.96 |
Dividend Declaration
The Board of Directors has recommended a final dividend of 15%, equivalent to ₹1.50 per equity share of ₹10 each fully paid-up, for the financial year ended March 31, 2026. This dividend is subject to approval by the shareholders at the ensuing 97th Annual General Meeting.
Board Decisions
In its meeting held on May 21, 2026, the board approved the re-appointment of M/s. Rajendra & Co., Chartered Accountants, as statutory auditors for a second term of five consecutive years, subject to shareholder approval. The board also appointed M/s. Kishore Bhatia & Associates as Cost Auditors for FY 2026-27.
Furthermore, the board approved the re-appointment of two independent directors, Mr. Ranjeev Ugamraj Lodha and Ms. Mala Arun Todarwal, for a second term of five years effective from July 28, 2026, and June 11, 2026, respectively, pending shareholder approval.
Historical Stock Returns for IVP
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.06% | -1.59% | +23.34% | +8.03% | -1.35% | +36.10% |
How might IVP Limited's internal controls and compliance frameworks be strengthened following the ₹613 lakh fraud detection, and what impact could this have on investor confidence going forward?
Given the 65.2% surge in net profit, what strategic expansion plans or capital allocation priorities is IVP Limited likely to pursue in FY27 to sustain this growth momentum?
How will the implementation of new Labour Codes continue to affect IVP Limited's employee benefit provisions and overall cost structure in the coming fiscal years?
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