Navneet Education reported a consolidated net profit of ₹369 crore for the financial year ended March 31, 2026, while its standalone profit for the same period stood at ₹296 crore. The Board of Directors has declared a second interim dividend of ₹1.50 per equity share, which will be paid on or before June 19, 2026, to shareholders recorded as of June 3, 2026.

The company's consolidated revenue from operations for FY26 was ₹1,721 crore, compared to ₹1,786 crore in the previous year. On a standalone basis, revenue from operations was ₹1,683 crore for the year ended March 31, 2026, down from ₹1,733 crore in FY25. The results were reviewed by the audit committee and approved by the Board in its meeting held on May 21, 2026.

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹39 crore and a standalone net profit of ₹25 crore. Total consolidated income for the quarter was ₹436 crore, while standalone total income was ₹400 crore. Exceptional items for the quarter included a fair valuation gain of ₹26 crore on investments and a reduction of ₹7 crore in gratuity liability due to changes in wage definitions under new labour codes.

The statutory auditors, M/s N. A. Shah Associates LLP, issued an unmodified audit report on the standalone and consolidated financial results. The company noted that the quarterly results are not representative of the full year's operations due to the seasonal nature of its business.

Financial Performance

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

Segment Performance

The company operates primarily in publishing content and stationery products. For the year ended March 31, 2026, the stationery segment reported revenue of ₹962 crore, while the publishing content segment generated ₹719 crore. The company also noted the incorporation of a wholly-owned subsidiary, Navneet Global FZE, in Fujairah, UAE, in January 2026.

Navneet Education Limited shareholders have approved the Composite Scheme of Arrangement involving Indiannica Learning Private Limited and the company. The resolution was passed with an overwhelming majority, receiving 99.99% of the votes cast in favour. This approval paves the way for the implementation of the scheme between Navneet Education Limited and Indiannica Learning Private Limited, subject to the final sanction of the National Company Law Tribunal (NCLT).

The voting took place during a meeting held on June 15, 2026, through video conferencing and other audio-visual means, pursuant to an NCLT order dated April 24, 2026. The meeting was chaired by Mr. Venkata Subba Rao, Former Member (J) of the NCLT. A total of 168,012,106 votes were polled, representing 75.95% of the total outstanding shares.

Voting Results

The detailed voting results disclosed to the stock exchanges show that the resolution secured the requisite majority. Promoters and the promoter group cast 138,558,614 votes, all in favour. Public institutions cast 27,824,015 votes, also entirely in favour. Public non-institutions cast 1,629,477 votes, with 1,626,293 in favour and 3,184 against.

Scrutinizer's Report

The Consolidated Scrutinizer's Report, submitted by Vyom Shah, Advocate, confirmed the process. Remote e-voting commenced on June 11, 2026, and concluded on June 14, 2026. The e-voting system was provided by National Securities Depository Limited (NSDL). The scrutinizer certified that the resolution was passed as a special resolution under the Companies Act, 2013, with the necessary majority.