The Yamuna Syndicate declared a final dividend of ₹500 per equity share for FY26 at its 72nd Annual General Meeting held on August 24, 2026. The payout applies to shares with a face value of ₹100 each.

Key Resolutions Passed

The meeting, conducted via Video Conferencing or Other Audio Visual Means (OAVM), saw shareholders approve several ordinary resolutions. In addition to the dividend declaration, the key outcomes included:

• Adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026.
• Reappointment of Mr. Aditya Puri (DIN No. 00052534), who was liable to retire by rotation.

Meeting Participation

The company reported a total membership of 1,322 as on the cut-off date of August 17, 2026. A total of 39 members participated in the AGM through video conferencing. This included two promoters, three promoter group members, and 34 other shareholders.

Mr. Ranjit Puri, Chairman, presided over the proceedings. The Company Secretary confirmed that the requisite quorum was present. All directors except Mr. Kishore Chatnani, who was out of India, were present at the meeting.

Audit and Voting Details

The Chairman informed members that the Statutory Auditors' Report and Secretarial Auditor's Report contained no qualifications, observations, or adverse remarks. The company engaged National Securities Depositories Limited (NSDL) to facilitate remote e-voting. Remote voting commenced on August 21, 2026, at 9:00 am and concluded on August 23, 2026, at 5:00 pm. E-voting remained active for 15 minutes after the conclusion of the physical meeting.

The Yamuna Syndicate Limited reported a 29% year-on-year increase in consolidated net profit after tax (PAT) to ₹5.06 crore for the quarter ended June 30, 2026, driven primarily by a higher share of profit from its associate company. The Yamuna Syndicate’s standalone net profit rose 28% to ₹1.03 crore, while revenue from operations expanded 16% to ₹22.52 crore, signaling steady operational growth alongside investment gains.

The Board of Directors approved the unaudited financial results on August 12, 2026, pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory Auditors Moudgil & Company issued limited review reports with unmodified opinions on both standalone and consolidated results. The comparative figures for the previous year have been restated due to reclassification changes at the associate level.

Financial Performance

Consolidated revenue from operations remained flat at ₹22.52 crore compared to the same period last year, as the parent company’s revenue growth was offset by accounting adjustments. However, the bottom line improved significantly due to the associate contribution.

Standalone other income declined slightly to ₹61.60 lakh from ₹65.15 lakh in the prior year. Total expenses stood at ₹21.77 lakh, lower than the ₹18.90 lakh recorded in Q1FY26, aiding margin expansion.

Segment Highlights

The Oil & Lubricants segment remained the largest revenue contributor at ₹8.92 crore, followed by Batteries at ₹5.90 crore. Agriculture Products saw a significant revenue surge to ₹4.93 crore from ₹5.11 lakh in the corresponding period last year, though segment results were slightly lower at ₹24.16 lakh versus ₹27.43 lakh previously.

What the Numbers Show

The divergence between standalone and consolidated performance highlights the company’s reliance on its equity stake in Isgec Heavy Engineering Limited for overall profitability. While standalone operations delivered consistent double-digit growth in both revenue and profit, the consolidated result is disproportionately influenced by the associate’s earnings. The restatement of prior-year figures—where the share in profit was revised down from ₹23.51 crore to ₹3.12 crore due to classification changes—makes the current quarter’s growth appear more robust than it might have against originally reported numbers. Investors should note that the core trading business remains stable, but total returns are heavily leveraged to the associate’s performance.