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These terms and conditions ("WhatsApp Terms and Conditions" as amended from time to time) are applicable to the Customers (defined hereinafter) that avail the Services (defined hereinafter) provided thereon by ICICI Securities Limited ("ICICI Securities") on the WhatsApp platform.

The WhatsApp Terms and Conditions shall be in addition to any other terms and conditions as stipulated by the ICICI Securities from time to time on its website (www.icicidirect.com) whether pertaining to the account or in relation to other products, services or facilities provided by ICICI Securities.

Any services that may be offered to the customer through the WhatsApp platform ("WhatsApp") is at the discretion of the ICICI Securities and/or basis the eligibility criteria of a customer and such services are subject to certain terms and conditions. In case of conflict between any of these WhatsApp Terms and Conditions and the terms and conditions for other services provided on the WhatsApp channel, specific terms and conditions of such services shall prevail.

Further, in case of inconsistency between the WhatsApp Terms and Conditions and any specific terms and conditions pertaining to account or any specific service/product/offer, the specific terms and conditions of that particular service/product/offer shall prevail.

1. DEFINITIONS

"Trading Account" refers to the trading account maintained by the Customer with ICICI Securities.

"Trading Account Related Services" shall mean the Services which pertain to information in relation to the Trading Account maintained with ICICI Securities by customer including but not limited to portfolio valuation, stock quote, order details, trade details etc which are enabled by ICICI Securities, from time to time, at its sole discretion.

"Registered ICICI Securities Number" is the authorized number of ICICI Securities, registered with WhatsApp for the purposes of providing Services herein.

"Customer" shall mean any person holding Trading Account or any prospective customer with ICICI Securities and interacting with ICICI Securities on WhatsApp using the Registered ICICI Securities Number / using the Services provided by ICICI Securities through WhatsApp. "Customer Information" refers to the personal data or information or such other data or information including any sensitive personal data in relation to the Customer such as information in relation to the trading account of the Customer, shared by the Customer or provided to the Customer by ICICI Securities or collected or obtained from the Customer or from WhatsApp or from any such source in the course of the Customer availing the Services hereunder.

"One Way Communication" shall mean the service provided by ICICI Securities to the Customer on WhatsApp where ICICI Securities sends its Customer one-way messages through its Registered ICICI Securities Number in the nature of information, alerts, updates, transaction alerts in relation to the Customer's Trading Account and such other communications as ICICI Securities may enable from time to time, at its discretion.

"Privacy Policy/Privacy Commitment" shall have the meaning as ascribed on the Website; "Service(s)" shall mean the One Way Communication and Two Way Communication services provided by ICICI Securities by itself or through any of its service providers, to a Customer on WhatsApp.

"Two Way Communication" shall mean the service provided by ICICI Securities to the Customers on WhatsApp where the Customer can communicate with ICICI Securities by sending it messages in the form of making requests, seeking information, asking queries etc. on the Registered ICICI Securities Number and where ICICI Securities responds to such messages. However, this service and ICICI Securities responses shall be limited only to such queries, information, requests etc. as may be determined by ICICI Securities from time to time, at its sole discretion.

"WhatsApp" is the application provided by WhatsApp Inc. 1601 Willow Road, Menlo Park, California 94025.

2. INTERPRETATION

All references to singular include plural and vice versa and the word "includes" should be construed as "without limitation".
Words importing any gender include the other gender. 'We/us' refers to ICICI Securities and 'You/yours' refer to the customer using the WhatsApp facility.
Reference to any statute, ordinance or other law includes all regulations and other instruments and all consolidations,amendments, re-enactments or replacements for the time being in force.
All headings, bold typing and italics (if any) have been inserted for convenience of reference only and do not define limit or affect the meaning or interpretation of these Terms and Conditions.
Reference to any law or legislation, regulation, rule shall mean, applicable, constitution, statute, law, rule, regulation, ordinance, judgment, order, decree, authorisation, or any published directive, guideline, notice, requirement or governmental restriction, having the force of law in any jurisdiction and include laws as amended from time to time.

3. PURPOSE

This WhatsApp platform serves as a supplementary medium through which we can communicate with you and provide Services and further enable certain services as ICICI Securities may decide in its sole discretion.

4. ELIGIBILITY FOR USING THE SERVICES

The Customer hereby agrees and undertakes that he/she shall use the Services only if he/she fulfills the eligibility as given below:

The Customer is an individual and is a major;
The Customer is a Guardian of a minor;
The Customer is of sound mind, solvent and competent to contract;
The Customer is a resident of India and is present in the territory of India at the time of utilization of the Services;
The Customer is a non-resident India (NRI) or is residing outside India.
The Customer is Principal Authorised Signatory of the Non Individual Account.

5. APPLICABILITY OF WHATSAPP TERMS AND CONDITIONS

These WhatsApp Terms and Conditions form a contract between the Customer and ICICI Securities. The Customer shall apply to ICICI Securities in the prescribed manner for availing of the Services. By applying and opting in for the Services, the Customer acknowledges that he has read, understood and accepted these WhatsApp Terms and Conditions and other specific terms and conditions as pertaining to the Account and any other products/offers/facilities and services availed by the Customer whether or not through WhatsApp.

No act, delay or omission by ICICI Securities shall affect its rights, powers and remedies under these Terms and Conditions and other terms on ICICI Securities website (www.icicidirect.com), hereinafter referred to as "Website".

The Customer hereby accepts and agrees that all Services and communications (both One Way Communication and Two Way Communication) taking place on WhatsApp, initiated either by ICICI Securities or the Customer, will be governed by and subject to these WhatsApp Terms and Conditions. Further, the Customer hereby agrees that the Customer grants express authority to ICICI Securities for carrying out the Services requested by the Customer on WhatsApp on its Registered ICICI Securities Number. Provided however that ICICI Securities shall not be required to authenticate the Customer, if any request for the Services comes on WhatsApp to ICICI Securities Registered Number, and in case of a Customer, if the number reflected in the requestor's mobile is a Customer's Registered Number, ICICI Securities shall be entitled to presume that it is the Customer itself which is interacting through WhatsApp and in case of any other Customer ICICI Securities shall be entitled to presume that the number reflected in the WhatsApp profile is the Customer's number and it is the Customer itself and not any other person who is interacting with ICICI Securities Registered Number. ICICI Securities's own record or log of transactions maintained through computer systems or otherwise shall be accepted as conclusive and binding for all purposes.

6. SERVICES

The Customer agrees and accepts that ICICI Securities reserves the right to provide only such Services as ICICI Securities may at its discretion permit from time to time. ICICI Securities may also inform/update the availability/non-availability of any particular Service, at its sole discretion. The Customer hereby agrees that ICICI Securities may at any time, without notice to the Customer, modify, discontinue or make additions/deletions to the Services offered to the Customer. The Customer agrees that he shall not hold ICICI Securities responsible for not responding to the queries of/ information sought by the Customer or not providing a response to the satisfaction of the Customer or not processing any request of the Customer, in case such a message sent by the Customer in case ICICI Securities does not receive an instruction to this effect in its systems or the message sent by the Customer is not in the format as required by ICICI Securities or does not fall under the Services being offered by ICICI Securities at the time or ICICI Securities does not receive such a message for technical reasons or otherwise or for any reason whatsoever. ICICI Securities will have no liability in case of any fraud or impersonation incidents through the WhatsApp platform. Further, in case ICICI Securities permits any Service in the nature of a transaction, the Customer agrees that such a Service shall be subject to statutory/ regulatory limits and/or any limits that may be imposed by ICICI Securities, from time to time, at its sole discretion.

7. REGISTRATION AND VERIFICATION

For availing the One Way Communication and Two Way Communication service, the Customer agrees and confirms to have accepted (a) the WhatsApp Terms and Conditions applicable to the Customer for availing the Services mentioned herein; (b) the Privacy Policy of ICICI Securities applicable to the Customer for availing the Services mentioned herein; (c) any other Account/product/service/offer related specific terms and conditions as applicable and (d) all terms and conditions prescribed by WhatsApp for using its platform.

Provided that, ICICI Securities may modify the process for authentication, registration and/or verification of the Customer, for One Way Communication and/or Two-Way Communication, at any time, at its sole discretion.

8. UNSUBSCRIBE

You may choose/request for de-registration/un-subscription of the Services at any point of time by following the process as may be prescribed by ICICI Securities from time to time. Currently ICICI Securities provides the following channels for un-subscription:

Our Website: Visit the WhatsApp un-subscription section on our Website. Enter your mobile number. Enter the OTP received on your registered mobile number and submit.
Missed Call/ SMS to a specific number as updated on the Website.
Send 'STOP' keyword on the WhatsApp platform.

However, the Customer agrees that for this to come into effect, it may take such time as may be required by ICICI Securities. The Customer agrees that he will remain responsible for any requests made/ messages sent to ICICI Securities using the Services prior to the time such cancellation of the Services is effected by ICICI Securities. ICICI Securities will be at liberty to discontinue/ suspend/ terminate the Customer's use of the Services at any time without assigning any reason whatsoever. ICICI Securities may also discontinue or suspend or terminate Services/ facilities without prior notice if these Terms and Conditions are breached.

Once we have received the notification that you have unsubscribed, we will no longer process your information for the purpose(s) you originally agreed to and sent any further notification/message through WhatsApp, unless legally permissible otherwise.

9. IMPORTANT

The Customer shall apply to ICICI Securities for use of the Services (and/or for any changes to the options available under the Services) in such manner and through such modes as may be specified and made available by ICICI Securities from time to time including but not limited to application through forms as prescribed by ICICI Securities, 24-Hour customer care number, SMS if and when made available as permitted modes by ICICI Securities for use of the Services through the WhatsApp platform.
ICICI Securities in its sole discretion shall decide the devices, software platforms, versions, networks, methods, and data services that will be supported by the WhatsApp platform for providing these Services. Any attempts to modify unsupported versions for use in the WhatsApp platform will be treated an unauthorized use and violation ("Unauthorized Use") of these WhatsApp Terms and Conditions. The Services through the WhatsApp platform shall be suspended with immediate effect if there is Unauthorized Use by the Customer.
The Customer agrees that the Customer shall be responsible for upgrading any software, hardware and the operating system at his/her own cost from time to time so as to be compatible to continue to avail the Services offered by ICICI Securities. ICICI Securities shall be at liberty to change, vary or upgrade its software, hardware, operating systems, etc. from time to time and shall be under no obligation to support the software, hardware, operating systems used by the Customer and that the same shall be the Customer's sole responsibility. Some Services may not work on an outdated platform and hence it is Customer's sole responsibility to ensure timely upgradation of the WhatsApp platform.
By subscribing to Services on WhatsApp platform, the Customer agrees to get notifications via WhatsApp including account information, transaction details, and other services/communications. Customer also agrees to receive notifications including offers, new product features, any other important notification sent by ICICI Securities from time to time etc. on the Registered Customer Number via WhatsApp.
The Customer agrees that any Trading Account related Services at the discretion of ICICI Securities shall be provided to the Customers through WhatsApp platform only to a WhatsApp account associated with the Registered Customer Number.
The Customer is aware that it may not be possible for ICICI Securities to give detailed information on the Service/functionalities. ICICI Securities shall not be responsible or liable to you or any third party for the consequences arising out of or in connection with using of this Service or with respect to the limited information provided by ICICI Securities on WhatsApp. In case the Customer requires further information, Customer can reach out to ICICI Securities either in the nearest branch, on ICICI Securitiess Customer Care number or through any other channels provided by ICICI Securities.
The responses sent by ICICI Securities on WhatsApp platform (either for One Way Communication and/or Two Way Communication) are based on a program running at back-end. This program has been developed and regularly enhanced to handle the queries in best possible manner. However, for any answers that the Customer may not find satisfactory or for any inaccuracies arising therefrom, ICICI Securities shall not be held responsible. The Customer may call Customer Care number or email at headservicequality@icicidirect.com or nri@icicidirect.com or visit www.icicidirect.com in case of any clarifications.
The Customer agrees that ICICI Securities and / or its affiliates may hold and process the Customers personal information concerning the account/s on computer or otherwise in connection with the WhatsApp facility. You agree and consent that we may collect, store, use and/or disclose your personal data for the Services as detailed on our Website. The Customer also agrees ICICI Securities may disclose, in strict confidence, to other institutions, its service providers, such information as may be reasonably necessary for reasons inclusive of but not limited to the participation in any telecommunication or electronic clearing network, in compliance with legal directive and for fraud prevention. The Customer using the WhatsApp facility authorizes ICICI Securities to collect and use technical information about the equipment and related software, hardware and peripherals and any data and information stored in the equipment, whether internet-based or wireless, to improve ICICI Securities products and to provide services to the Customer.
All records of ICICI Securities generated by the transactions arising out of use of the Services through the WhatsApp platform, including the time of the transaction recorded shall be conclusive proof of the genuineness and accuracy of the transactions.
Where ICICI Securities considers the instructions to be inconsistent or contradictory with any past instructions or any simultaneous instructions provided by Customer to ICICI Securities through other channels provided by ICICI Securities it may seek clarification from the Customer before acting on any instruction of the Customer or act upon any such instruction as it may deem fit. ICICI Securities shall have the right to suspend the Services if ICICI Securities has reason to believe that the Customer's instructions may lead to direct or indirect loss or may require an indemnity from the customer.
The Customer accepts that all information /instructions will be transmitted to and /or stored at various locations and be accessed by personnel of ICICI Securities (and its affiliates) or its service providers.
On the Customer opting in for the Services through the WhatsApp platform, ICICI Securities has the discretion to stop sending these alerts on SMS or any other channel.
The Customer is responsible for keeping security safeguard of his WhatsApp account linked to the mobile number.
The Customer understands that using WhatsApp application may carry extra risks and may not be secured. Further any message and information exchanged is subject to the risk of being read, interrupted, intercepted, or defrauded by third party or otherwise subject to manipulation by third party or may involve delay in transmission. ICICI Securities shall not be responsible or liable to the customer or any third party for the consequences arising out of or in connection with using of this Service.
The Customer understands that mobile phones are vulnerable to the threats such as but not limited to -
- Access by intruders to the data /information
- Identity theft
- Privacy violations
- Planting of stealth software and viruses
- Disablement or distortion of operations
- Interception of the transmission of encrypted data/message etc.
- The Customer shall immediately notify ICICI Securities in writing if Customer discovers/ suspects unauthorized access.

ICICI Securities shall not be responsible or liable to the Customer or any third party for the consequences arising out of or in connection with using of this Service. The Customer should immediately opt-out of the Services as per the unsubscribe process as detailed in section 8 above.

The Customer is aware that using mobile applications involves many uncertain factors and complex software, hardware, systems, etc. which are susceptible to interruptions and dislocations. ICICI Securities does not make any representation or warranty that the WhatsApp facility/service will be available at all times without any interruption and further that ICICI Securities shall not be responsible for any variation, reduction or imposition of the terms or the customers inability to use the mobile application.
The Customer is aware that authenticated technologies and strict security measures are required for using mobile applications. Customer undertakes to ensure that the password is not revealed to any third party including ICICI Securities officials or any unauthorized person. Customer shall be solely responsible for all the communication exchanged between customer and ICICI Securities while logging into this service.
Under no circumstances shall ICICI Securities, or its officials, employees, be liable for any direct, indirect, punitive, incidental, special, or consequential damages that result from the use of, or inability to use, this service or for receipt of any answer provided by ICICI Securities program running at the back-end.
The Customer agrees that the Customer shall not have any claim against ICICI Securities on account of any suspension, interruption, non-availability or malfunctioning of the WhatsApp service due to any link/mobile/system failure at ICICI Securities end for any reason thereof.
The Customer shall not reproduce, copy, or redistribute for commercial purposes any materials or design elements of this WhatsApp service.
The Customer shall ensure appropriate data network connection. Receipt of messages by Customer shall be subject to the data network connection and ICICI Securities shall not be held responsible for any delay or non-receipt of the responses at WhatsApp channel.
The Customer shall not submit or transmit any content through this WhatsApp channel that is:
- Obscene, Vulgar, or Pornographic, immoral, illegal, illicit, unethical etc.
- Encourages the commission of a crime or violation of any law.
- Violates any law in India and/or the jurisdiction in which customer resides.
- Infringes the intellectual or copyrights of ICICI Securities or a third party.
- Constitute confidential information and/or personal or sensitive information/data belonging to the Customer or any third person.
ICICI Securities reserves the right to remove or otherwise delete any content or submissions made by the Customer that violates the rules or which are inappropriate, as per ICICI Securities's sole discretion, without any liability or giving warning to the Customer.
All instructions for availing the services under the WhatsApp facility shall be provided through the Registered Customer Number in the manner indicated by ICICI Securities. The Customer is also responsible for the accuracy and authenticity of the instructions provided to ICICI Securities and the same shall be considered to be sufficient for availing of the services under the WhatsApp facility. The alerts would be sent on the mobile phone number, last registered with ICICI Securities.
The Customer agrees that if he/she notices any error in any information supplied to the Customer by the use of any of the Services, the Customer shall inform ICICI Securities of the same, as soon as possible. ICICI Securities will endeavor to correct the error promptly. The Customer agrees that all outputs of statements that may appear on WhatsApp, upon making a request to that effect, are information extracted from a computerized back up system maintained by ICICI Securities and may not be continuously be updated in real time. ICICI Securities shall provide the information as may be last updated on the systems of ICICI Securities. While ICICI Securities will take all reasonable steps to ensure the accuracy of the statement, ICICI Securities is not liable for any error and shall not hold ICICI Securities responsible for any loss incurred or action taken by the Customer by relying on such information.
The Customer agrees that the responses received by the Customer from ICICI Securities are based on program running at backend. This program has been developed and regularly enhanced to handle the queries in best possible manner. However, for any inappropriate/inaccurate answers or any answers that the Customers may not find satisfactory, ICICI Securities shall not be held responsible.
It is recommended for Customers who have subscribed to this WhatsApp service to delete WhatsApp application when changing their device so as to ensure there is no misuse of the same.
That all the Services provided to the Customer are subject to applicable law and the rules, regulations, notifications, circulars and guidelines introduced or amended from time to time by Securities & Exchange Board of India and/or any regulatory/ statutory/ governmental authority.
ICICI Securities has the right to retract the Customer's right to utilize the Service anytime it deems fit without any notice to the Customer.
The Customer hereby acknowledges that he is availing the Service(s) at his own risk and the Customer shall not hold ICICI Securities responsible or liable for any of the risks including but not limited to the following:
- Password misuse- The Customer acknowledges that if any third person obtains access to the Customer's device or SIM card or the Customer's WhatsApp, such third party may be in a position to access Customer information including Trading Account related information of the Customer, which may be confidential in nature.
- Mistake/Error- the Customer acknowledges that the Customer may be sent responses or shown information which may not be applicable to him/her or may not be sent a satisfactory response, and the Customer agrees that in such a scenario ICICI Securities shall not be liable for any loss to the Customer in this regard. The Customer shall therefore take all care to ensure that there are no mistakes and errors and that the message sent/ request made/ query asked by the Customer to ICICI Securities in this regard is error free, accurate, proper and complete at all points of time. The Customer agrees that ICICI Securities is providing the Services at the Customer's sole risk. The Customer agrees that ICICI Securities shall not be liable for any loss, damages or consequences whatsoever arising due to any erroneous or incomplete information or any delay in executing the instructions for reasons beyond the control of ICICI Securities. The Customer shall be liable and responsible to ICICI Securities and accede to accept ICICI Securities's instructions without questions for any unfair or unjust gain obtained by him in the course of availing of the Services.
- It may also be possible that the site of ICICI Securities may require maintenance or is otherwise down or there is a technical failure and during such time it may not be possible to process the request of the Customers. This could result in delays in the processing of instructions or failure in the processing of instructions and other such failures and inability. The Customer understands that ICICI Securities disclaims all and any liability, whether direct or indirect, whether arising out of loss of profit or otherwise arising out of any failure or inability by ICICI Securities to honour any Customer instruction for whatsoever reason. The Customer unequivocally and unconditionally understands and accepts that ICICI Securities shall not be responsible for any of the aforesaid risks. The Customer also accepts that ICICI Securities shall disclaim all liability in respect of the said risks.
The Customer agrees that the Registered ICICI Securities Number on the WhatsApp platform cannot be used for grievance redressal or reporting fraud as of now, ICICI Securities will have no liability on reporting of such incidents received through WhatsApp. The Customer may call Customer Care number or email at headservicequality@icicisecurities.com or visit www.icicidirect.com in case of any clarifications.
These WhatsApp Terms and Conditions may be withdrawn, superseded or modified at any time whatsoever, by ICICI Securities without any prior notice.

10. THIRD PARTY

WhatsApp is owned by a third-party unaffiliated with ICICI Securities. The Customer shall independently be guided by the privacy policies of WhatsApp and the third parties or group companies of WhatsApp and ICICI Securities has no control over them. ICICI Securities is not responsible for the privacy or security policies at these sites or other third-party sites that may be linked to within ICICI Securities's social media channels. The Customer should always review the privacy and security practices and policies of each third-party site you visit. ICICI Securities does not endorse and is not responsible for any ads, content, products, advice, opinions, recommendations or other material of third-party sites that may be promoted via advertising within any social media channels.

The Customer further understands and agree that WhatsApp or any other service provider through which we are providing the WhatsApp facility can review and monitor, store the contents shared/communicated through the WhatsApp or other service provider(s) and may share the same with third parties.

Hence, we strongly recommend that you:

Never share privacy-sensitive details via WhatsApp messages/ through the WhatsApp facility.
That we will not send messages of our own accord this way and will only respond to the messages sent to us except for any important communication and awareness messages.
Not to contact us through the WhatsApp channel for complaints, grievances or similar important matters.

11. DISCLAIMER OF LIABILITY

ICICI Securities shall not be responsible for any failure on the part of the Customer to utilize the WhatsApp facility due to the Customer not being within the geographical range within which the WhatsApp facility is offered and which forms part of the roaming network of such cellular service provider, providing services to the Customer availing such roaming facility from the respective cellular service provider. If the customer has reason to believe that the mobile phone number is / has been allotted to another person and / or there has been an unauthorized transaction in the account and / or his mobile phone handset is lost, he shall immediately inform ICICI Securities of the same.

The Customer agrees that ICICI Securities shall not be liable if:

the Customer has breached any of the terms and conditions, contained herein or
the Customer has contributed to or the loss is a result of failure on part of the Customer to advise ICICI Securities within a reasonable time about unauthorized access of or erroneous transactions by use of the Services; or
as a result of failure on part of the Customer to advise ICICI Securities of a change in or termination of the Customer's mobile phone numbers/SIM ("Subscriber Identity Module") cards.
there has been an unauthorized transaction/instruction provided through the WhatsApp channel as a result of any person having control or custody of telecommunications instrument (such as the mobile handset) so that such instrument may be used to give telecommunications instruction without authorization or any other issue/default/error/technological problem in the telecommunication instrument (such as the mobile handset) or duplication of mobile number / SIM of the Customer such as but not limited to SIM card cloning, virus in handset etc.

ICICI Securities shall endeavor to provide the WhatsApp facility on a best effort basis and the Customer shall not hold ICICI Securities liable for non-availability of the WhatsApp facility or non-performance by service providers, if any, engaged by ICICI Securities or any loss or damage caused to the Customer as a result of use of the WhatsApp facility for causes which are not attributable to ICICI Securities. ICICI Securities shall not be liable in any manner to the Customer in connection with the use of the WhatsApp facility.

ICICI Securities shall endeavor to carry out the instructions received from the Customer through the WhatsApp channel promptly, provided that ICICI Securities, shall not be responsible for the delay in carrying out such instructions due to any reason whatsoever, including, but not limited to, failure of operational system or any requirement of law or ICICI Securities's internal policies.

The Customer accepts that each WhatsApp communication may contain certain account information relating to the Customer. The Customer authorizes ICICI Securities to send account related information, though not specifically requested, if ICICI Securities deems that the same is relevant.

ICICI Securities shall not be held responsible for the confidentiality, secrecy and security of the personal or account information being sent through the WhatsApp facility. The Customer agrees that the access to the WhatsApp facility shall be only through the Registered Customer Number and any transaction which originates from the same, whether initiated by the Customer or not, shall be deemed to have originated from the Customer.

Under no circumstance, ICICI Securities shall be held liable if the WhatsApp facility is not available for reasons including but not limited to natural calamities, epidemic/pandemic, legal restraints, faults in the telecommunication network or network failure, or any other reason beyond the control of ICICI Securities. ICICI Securities shall not be liable under any circumstances for any damages whatsoever whether such damages are direct, indirect, incidental consequential and irrespective of whether any claim is based on loss of revenue, interruption of business or any loss of any character or nature whatsoever and whether sustained by the Customer or by any other person. Illegal or improper use of the WhatsApp facility shall render the customer liable for payment of financial charges as decided by ICICI Securities or will result in suspension of the WhatsApp facility for the Customer.

ICICI Securities is in no way liable for any error or omission in the services provided by any cellular or any third party service provider (whether appointed by ICICI Securities in that behalf or otherwise) to the Customer, which may affect the WhatsApp facility.

ICICI Securities, does not warrant the confidentiality or security of the messages whether personal or otherwise transmitted through the WhatsApp facility. ICICI Securities makes no warranty or representation of any kind in relation to the system and the network or their function or performance or for any loss or damage whenever and howsoever suffered or incurred by the Customer or by any person resulting from or in connection with the WhatsApp facility.

Without limitation to the other provisions of these WhatsApp Terms and Conditions, ICICI Securities, its employees, agent or contractors, shall not be liable for and in respect of any loss or damage whether direct, indirect or consequential, including but not limited to loss of revenue, profit, business, contracts, anticipated savings or goodwill, loss of use or value of any equipment including software, whether foreseeable or not, suffered by the Customer or any person howsoever arising from or relating to any delay, interruption, suspension, resolution or error of ICICI Securities in receiving and processing the request and in formulating and returning responses or any failure, delay, interruption, suspension, restriction, or error in transmission of any information or message to and from the telecommunication equipment of the Customer and the network of any cellular service provider and ICICI Securities's system or any breakdown, interruption, suspension or failure of the telecommunication equipment of the Customer, ICICI Securities's system or the network of any cellular service provider and/or any third party who provides such services as is necessary to provide the WhatsApp.

Notwithstanding anything in the contrary provided in this terms and conditions, ICICI Securities shall not be involved in or in any way liable to the Customer for any dispute between the Customer and a cellular service provider or any third party service provider or WhatsApp (whether appointed by ICICI Securities for such purpose or otherwise) while availing these Services through the WhatsApp platform.

The Customer shall not interfere with or misuse in any manner whatsoever the WhatsApp facility and in the event of any damage due to improper or fraudulent use by the Customer, the Customer shall be liable for damages to ICICI Securities or for any losses suffered by ICICI Securities.

The Customer is solely responsible for protecting his/her OTP/debit card PIN/ password or mobile phone number and any other password and/or any other mode of verification as prescribed/ issued by ICICI Securities for the use of the WhatsApp facility from time to time without any liability of ICICI Securities in this regard. The Customer hereby agrees and accepts that he/she shall at all times be solely responsible for the protection and safe keep of his/her SIM card, Device and the applications installed thereon, specifically WhatsApp, login IDs, Customer Information, security details and passwords as mentioned hereinabove and hereby fully agrees that ICICI Securities shall in no manner be liable for any direct or indirect or consequential or other loss arising out of any action or omission because of compromise of the same in any manner whatsoever.

The Customer agrees that ICICI Securities assumes no liability whatsoever in case of any event of such compromise of the Customer's WhatsApp and ICICI Securities shall not be held responsible for any such event. Further, the Customer agrees and understands that WhatsApp can also be logged on from more than one device at the same time, including by using web log in and the Customer is aware of the risk in this regard while availing the Services such as compromise of Customer Information, breach of security of the Customer's WhatsApp account from a device other than the Customers and the Customer undertakes to be vigilant and careful and takes full responsibility for the security of his/her WhatsApp account. ICICI Securities shall not be responsible or liable to you or any third party for the consequences arising out of or in connection with using of this Service.

ICICI Securities will not be liable for:

any unauthorized use of the customer's password or mobile phone number or for any fraudulent, duplicate or erroneous instructions given on the WhatsApp channel;
acting in good faith on any instructions received by ICICI Securities from or on behalf of the Customer in relation to the WhatsApp facility;
error, default, delay or inability of ICICI Securities to act on all or any of the instructions given by the Customer due to any reason;
loss of any information/instructions in transmission;
unauthorized access by any other person to any information /instructions given by the Customer or breach of confidentiality;

ICICI Securities makes no representation or gives no warranty with respect to the quality of the service provided by any cellular service provider or by WhatsApp or any other service provider enabling ICICI Securities to deliver services through WhatsApp to the Customers.

ICICI Securities may provide any other services as a part of the WhatsApp facility and ICICI Securities shall not be liable for the oversight on part of the Customer to update himself /herself with the addition of services which have been included in the WhatsApp facility.

12. INDEMNITY

In consideration of ICICI Securities providing the WhatsApp facility, the Customer, at his own expense, agrees to indemnify, defend and hold harmless, ICICI Securities, its directors and employees, representatives, agents, customers and/or the affiliates, as the case may be, against all losses, damages, expenses, actions, claims, demands and proceedings whatsoever, that ICICI Securities may incur, sustain, suffer or be put to at any time as a consequence of acting on or omitting or refusing to act on any instructions given by the Customer or otherwise for use of the WhatsApp facility.

The Customer further specifically agrees to indemnify, defend and hold harmless, ICICI Securities and/or its affiliates from any losses occurring as a result of the:

the Customer permitting any third parties to use the WhatsApp facility.
the Customer permitting any other person to have access to his mobile phone or as a consequence of leaving the mobile phone unattended or loss of mobile phone and ICICI Securities acting/not acting on any instructions received from the same.
the Customer having breached the WhatsApp Terms and Conditions.

13. TERMINATION

ICICI Securities may, at its discretion, withdraw temporarily or terminate the WhatsApp facility, either wholly or in part, at any time without giving prior notice to the Customer. ICICI Securities may, without prior notice, suspend the WhatsApp facility at any time during which any maintenance work or repair is required to be carried out or in case of any emergency or for security reasons, which require the suspension of the WhatsApp facility.

ICICI Securities may suspend or terminate WhatsApp facility without prior notice if the Customer has breached these WhatsApp Terms and Conditions or ICICI Securities learns of the death, bankruptcy.

14. PROPRIETARY RIGHTS

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Result PDF

Heavy Electrical Equipment company ABB India announced Q1CY26 results

Financial Highlights:

Revenue from Operations: Stood at Rs 3,184.06 crore for Q1CY26, marking a YoY growth of 5.78% compared to Rs 3,010.07 crore in Q1CY25. On a QoQ basis, revenue declined by 6.98% against Rs 3,423.16 crore in the preceding quarter (Q4CY25). For CY25, total revenue from operations was Rs 12,503.81 crore.
Total Income: Reached Rs 3,283.70 crore in Q1CY26, registering an increase of 5.84% YoY (from Rs 3,102.40 crore in Q1FY25) and a decline of 6.17% QoQ (from Rs 3,499.49 crore in Q4CY25).
Profit from Continuing Operations Before Tax: Recorded at Rs 461.87 crore in Q1CY26, down by 24.74% YoY from Rs 613.66 crore in Q1FY25, and down by 17.37% QoQ from Rs 558.98 crore in Q4CY25.
Net Profit for the Period (Including Discontinued Operations): Saw a massive surge to Rs 1,783.65 crore in Q1CY26, demonstrating a YoY growth of 275.80% from Rs 474.63 crore in Q1FY25, and a 312.07% QoQ jump from Rs 432.85 crore in Q4CY25. This exceptional increase was primarily driven by the profit on the sale of the Robotics business.

Business & Segment Highlights:

Sale of Robotics Business: The Company executed a business transfer arrangement on March 1, 2026, to sell its Robotics business for a consideration of Rs 1,568.20 crore. Consequently, a massive profit on sale of Rs 1,658.48 crore was recorded under 'Profit from Discontinued Operations'. Additionally, the Company sold its shareholding in ABB Robotics India Private Limited for Rs 1,00,000.
Segment Renaming: Effective January 1, 2026, the erstwhile 'Process Automation' segment was officially renamed as 'Automation'.
Motion Segment: Revenue for Q1CY26 was Rs 1,160.63 crore, reflecting a 5.91% YoY increase from Rs 1,095.86 crore in Q1FY25, but a 3.45% QoQ decline from Rs 1,202.07 crore in Q4CY25. Segment results (profit before tax and interest) stood at Rs 147.98 crore.
Electrification Segment: Segment revenue reached Rs 1,564.47 crore in Q1CY26, marking a 15.23% YoY growth from Rs 1,357.66 crore in Q1FY25, alongside a marginal QoQ decrease of 2.11% from Rs 1,598.19 crore in Q4CY25. Segment results (profit) were reported at Rs 236.97 crore.
Automation Segment: Segment revenue in Q1CY26 stood at Rs 500.42 crore, observing a 14.67% YoY drop from Rs 586.48 crore in Q1FY25 and a 23.27% QoQ decline from Rs 652.19 crore in Q4CY25. Segment results (profit) for the quarter were Rs 70.56 crore.

Sanjeev Sharma, Country Head & Managing Director, ABB India, said: “ABB India has built a strong and resilient foundation, anchored in our product, service and technology capabilities. This strength was reflected in a solid first quarter of CY26, with healthy order traction and revenue growth driven by demand momentum across emerging and core industries. Our effective conversion of market opportunities into higher order inflows has further strengthened our diversified order book and enhanced revenue visibility.”

“Backed by disciplined execution, strong customer engagement and loyalty to ABB India’s offerings, I am confident in our people and operating model as we continue to deliver consistent performance. With these strengths, ABB India is well-positioned to capitalise on India’s next industrial capex cycle, even as we navigate a dynamic operating environment.

We remain on track to achieve our sustainability targets, with continued focus on water stewardship, reduction of GHG emissions and supplier and stakeholder engagement, while reaffirming our commitment to RE100.”

Result PDF

Q4FY26 & FY26 Result Announced for Tata Consumer Products Ltd.

Tea & Coffee company Tata Consumer Products announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations: Reached Rs 5,433.62 crore in Q4FY26, marking a YoY growth of 17.91% compared to Rs 4,608.22 crore in Q4FY25, and a QoQ growth of 6.29% against Rs 5,112.00 crore in Q3FY26. For the full year FY26, revenue stood at Rs 20,290.43 crore, a 15.17% YoY increase from Rs 17,618.30 crore in FY25.
Total Income: Stood at Rs 5,486.18 crore in Q4FY26, registering an increase of 17.61% YoY (Rs 4,664.73 crore in Q4FY25) and 6.63% QoQ (Rs 5,145.01 crore in Q3FY26). For FY26, total income amounted to Rs 20,455.18 crore, a 14.84% growth from Rs 17,811.55 crore in FY25.
Profit before Exceptional Items and Tax: Recorded at Rs 641.37 crore in Q4FY26, up by 32.41% YoY from Rs 484.38 crore in Q4FY25, and 13.97% QoQ from Rs 562.77 crore in Q3FY26. The annual figure for FY26 was Rs 2,192.84 crore, reflecting a 23.08% YoY growth from Rs 1,781.66 crore in FY25.
Profit Before Tax: Reported at Rs 644.17 crore for Q4FY26, achieving a YoY rise of 21.61% from Rs 529.70 crore in Q4FY25, and a 19.31% increase QoQ from Rs 539.91 crore in Q3FY26. The full-year figure for FY26 was Rs 2,172.78 crore compared to Rs 1,776.55 crore in FY25.
Group Consolidated Net Profit: Reached Rs 424.02 crore in Q4FY26, demonstrating a YoY growth of 21.59% from Rs 348.72 crore in Q4FY25, and a 10.27% increase QoQ from Rs 384.52 crore in Q3FY26. For FY26, net profit was Rs 1,546.80 crore, up by 20.18% YoY from Rs 1,287.10 crore in FY25.

Standalone Financial Highlights:

Revenue from Operations: Reached Rs 3,891.76 crore in Q4FY26, showing a YoY growth of 16.03% from Rs 3,354.16 crore in Q4FY25, and a QoQ rise of 5.64% from Rs 3,684.02 crore in Q3FY26. Annually, revenue was Rs 14,700.05 crore in FY26, up 14.83% from Rs 12,801.85 crore in FY25.
Total Income: Stood at Rs 3,920.11 crore in Q4FY26, indicating a 16.35% YoY increase from Rs 3,369.37 crore in Q4FY25 and a 5.99% QoQ growth from Rs 3,698.67 crore in Q3FY26. Total income for FY26 was Rs 15,249.10 crore, growing 15.01% YoY from Rs 13,258.95 crore in FY25.
Profit before Exceptional Items and Tax: Jumped to Rs 455.71 crore in Q4FY26, indicating a strong YoY growth of 63.58% from Rs 278.59 crore in Q4FY25, and a 9.34% QoQ rise from Rs 416.77 crore in Q3FY26. The annual figure for FY26 was Rs 2,062.76 crore, against Rs 1,447.84 crore in FY25.
Profit before Tax: Reported at Rs 421.11 crore in Q4FY26, up by 17.37% YoY from Rs 358.79 crore in Q4FY25, but declining 3.24% QoQ from Rs 435.20 crore in Q3FY26. The full-year figure for FY26 was Rs 2,046.59 crore compared to Rs 1,503.24 crore in FY25.
Net Profit after Tax: Stood at Rs 315.16 crore in Q4FY26, observing a 13.82% YoY increase from Rs 276.90 crore in Q4FY25, while dipping slightly by 1.77% QoQ from Rs 320.84 crore in Q3FY26. For FY26, the net profit reached Rs 1,635.15 crore, marking a 30.32% YoY increase from Rs 1,254.75 crore in FY25.

Business & Segment Highlights

Dividend Recommendation: The Board has recommended a dividend payment of Rs 10 per equity share of Re 1 each (1000%) for FY26.
Branded Business - India:
- Revenue in Q4FY26 was Rs 3,327.91 crore, growing by 13.32% YoY from Rs 2,936.72 crore in Q4FY25, and 3.90% QoQ from Rs 3,203.12 crore in Q3FY26. For FY26, revenue stood at Rs 12,778.88 crore (vs Rs 11,240.71 crore in FY25).
- Segment Results (Profit) for Q4FY26 was Rs 454.48 crore, jumping 88.08% YoY compared to Rs 241.64 crore in Q4FY25. FY26 segment results were Rs 1,503.74 crore compared to Rs 1,020.98 crore in FY25.
Branded Business - International:
- Revenue in Q4FY26 reached Rs 1,418.09 crore, an 18.80% YoY increase from Rs 1,193.68 crore in Q4FY25, and 1.32% QoQ from Rs 1,399.67 crore in Q3FY26. FY26 revenue was Rs 5,250.67 crore (vs Rs 4,548.55 crore in FY25).
- Segment Results (Profit) for Q4FY26 stood at Rs 151.58 crore compared to Rs 157.28 crore in Q4FY25. FY26 segment results were Rs 626.13 crore compared to Rs 666.61 crore in FY25.
Non-Branded Business:
- Revenue in Q4FY26 was reported at Rs 714.41 crore, exhibiting a robust growth of 42.72% YoY from Rs 500.55 crore in Q4FY25, and 30.68% QoQ from Rs 546.67 crore in Q3FY26. FY26 revenue reached Rs 2,387.00 crore against Rs 1,909.53 crore in FY25.
- Segment Results (Profit) for Q4FY26 was Rs 74.47 crore compared to Rs 111.96 crore in Q4FY25. FY26 segment results were Rs 280.47 crore against Rs 407.11 crore in FY25.

Sunil D’Souza, Managing Director & CEO, Tata Consumer Products, said: “We delivered a strong finish to FY26 with another quarter of consistent double-digit topline growth. Performance was broad-based across our core and growth businesses, reflecting sustained momentum in execution, innovation and brand building.

Our India branded business delivered robust underlying volume growth driven by strengthening distribution, portfolio expansion and innovation. The Foods business continued its strong trajectory with Tata Sampann recording exceptional growth momentum. The Ready-To-Drink business performed well with focused innovation and new product development. Our ‘Growth’ businesses grew 24% in FY26 and accounted for 31% of the India business, demonstrating the steady transformation of our portfolio.

The International business recorded strong performance with revenue growth of 21% (11% in constant currency) in Q4, reflecting the sustained strength of our execution across key markets.

Innovation continued to fuel our growth agenda with 80 new launches in FY26 across categories. Our revenue from innovation has scaled 7X since FY21, reflecting the growing contribution of new product launches.

As we move into the next phase of growth, we remain focused on building scale, strengthening our portfolio and consistently delivering value to consumers, customers and shareholders.”

Result PDF

Q4FY26 & FY26 Result Announced for Titan Company Ltd.

Gems & Jewellery company Titan Company announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Total Income for Q4FY26 reached Rs 27,104 crore, representing a YoY growth of 80.31% compared to Rs 15,032 crore in Q4FY25 and a QoQ growth of 6.01% from Rs 25,567 crore in Q3FY26.
Profit before tax for Q4FY26 stood at Rs 1,577 crore, an increase of 29.47% YoY from Rs 1,218 crore in Q4FY25 and a decline of 29.06% QoQ from Rs 2,223 crore in Q3FY26.
Profit after tax for Q4FY26 was Rs 1,179 crore, registering a YoY increase of 35.36% from Rs 871 crore in Q4FY25 and a QoQ decline of 30.00% compared to Rs 1,684 crore in Q3FY26.
For FY26, Consolidated Total Income was Rs 88,136 crore, showing a significant growth of 44.62% YoY from Rs 60,942 crore in FY25.
Annual Consolidated Profit after tax for FY26 reached Rs 5,073 crore, marking a 52.02% YoY increase compared to Rs 3,337 crore in FY25.
The Consolidated Earnings per share (Basic) for Q4FY26 was Rs 13.28 and For FY26 it stood at Rs 57.19.

Standalone Financial Highlights:

Total Income for Q4FY26 was Rs 24,086 crore, reflecting a YoY growth of 77.18% from Rs 13,594 crore in Q4FY25 and a QoQ increase of 6.16% from Rs 22,689 crore in Q3FY26.
Standalone Profit before tax for Q4FY26 was Rs 1,486 crore, up 23.12% YoY from Rs 1,207 crore and down 24.61% QoQ from Rs 1,971 crore in Q3FY26.
Standalone Profit after tax for Q4FY26 reached Rs 1,124 crore, showing a YoY increase of 29.20% from Rs 870 crore and a QoQ decline of 23.54% from Rs 1,470 crore in Q3FY26.
For FY26, Standalone Total Income stood at Rs 78,089 crore, reflecting a 41.12% growth YoY from Rs 55,335 crore in FY25.
Annual Standalone Profit after tax for FY26 reached Rs 4,630 crore, representing a growth of 38.83% YoY over Rs 3,335 crore in FY25.
Standalone Earnings per share (Basic) for Q4FY26 was Rs 12.68 and for FY26 it was Rs 52.20.

Business Highlights

Jewellery Segment: The consolidated segment recorded Q4FY26 revenue of Rs 24,999 crore and an EBIT of Rs 1,820 crore. The jewellery portfolio (excluding Bullion and Digi-gold sales) grew 50% YoY to approximately Rs 18,195 crore. Domestic gold and studded product portfolios both grew 35% YoY during the quarter.
Watches Segment: The consolidated segment achieved Q4FY26 revenue of Rs 1,222 crore and an EBIT of Rs 143 crore. Analog watches recorded 15% growth during the quarter, while the Smart Watches segment witnessed nearly a 50% decline in overall value.
EyeCare Segment: This business achieved consolidated Total Income of Rs 227 crore in Q4FY26, representing a growth of 17% YoY, and recorded an EBIT of Rs 21 crore.
Others Segment: This segment (including SKINN Fragrances, IRTH Women's Bags, Taneira, Aerospace & Defence, and Automation Solutions) reported Q4FY26 consolidated revenue of Rs 577 crore and an EBIT of Rs 32 crore.
TEAL (Titan Engineering & Automation Limited): TEAL delivered a strong quarter with Total Income of Rs 454 crore for Q4FY26, growing 60% compared to Q4FY25, and an EBIT of Rs 81 crore.
Acquisitions and Expansion: Titan successfully completed its 67% acquisition of Damas Jewellery for a consideration of Rs 1,190 crore. The company added a net of 27 stores in India during Q4FY26, while the Damas acquisition added 123 stores to the international network.
Dividend: The Board of Directors recommended a Dividend of Rs 15.00 per Equity Share for FY26.

Ajoy Chawla, Managing Director, said: "FY26 has been a landmark year for Titan. We had crossed the Rs 50,000 crore annual revenue milestone in in FY25 after nearly 40 years. The next Rs 25,000 crore has been remarkably achieved in a single year of FY26. This is a reflection of the enduring strength of our brands, the trust of our consumers, and the unflinching commitment of every member of the Titan family.

The quarter performance was led by 'Festival of Diamonds' with our brands of Tanishq, Mia, Zaya, CaratLane, beYon and Damas striking the right chord with consumers across geographies and age groups. Our Watches business, through its innovative collections and continues to write a compelling story of premiumization and design excellence. Our Emerging Businesses are growing well whilst strengthening their customer value proposition to build the foundations for sustainable growth.

As we step into FY27 with optimism on the back of an exceptional FY26 performance, we are conscious of the macro volatility and fragile geopolitical situations that necessitate all around agility to respond effectively to grow our businesses. We remain committed to elevating Titan's competitive advantage, deepening customer engagement, and creating long-term value for all our stakeholders."

Result PDF

Q4FY26 & FY26 Result Announced for Lupin Ltd.

Pharmaceuticals company Lupin announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

The company’s sales for Q4FY26 stood at Rs 73,919 million, representing a YoY growth of 32.9% from Rs 55,622 million and a QoQ growth of 4.1% from Rs 71,005 million.
Total Revenue from operations for the quarter was Rs 74,747 million, up 31.9% YoY from Rs 56,671 million and up 4.3% QoQ from Rs 71,675 million.
EBITDA for Q4FY26 was Rs 26,263 million, marking a significant YoY increase of 90.6% compared to Rs 13,781 million and a QoQ rise of 10.5% from Rs 23,766 million.
Profit Before Tax (PBT) for the quarter reached Rs 19,280 million, reflecting a YoY growth of 115.2% from Rs 8,958 million and a QoQ growth of 26.7% from Rs 15,220 million.
Net profit (PAT) for Q4FY26 stood at Rs 14,687 million, an increase of 87.7% YoY from Rs 7,824 million and a 24.4% increase QoQ from Rs 11,805 million.
For the full year FY26, Sales reached Rs 2,74,875 million, representing a 23.9% YoY growth from Rs 2,21,921 million in FY25.
Annual EBITDA for FY26 was Rs 92,405 million, up 68.6% YoY from Rs 54,792 million in FY25.
Full year Profit Before Tax (PBT) stood at Rs 68,726 million, a growth of 71.2% YoY compared to Rs 40,150 million.
Net profit (PAT) for the full year FY26 was Rs 53,555 million, marking a 62.0% YoY increase from Rs 33,063 million in FY25.

Business Highlights:

Dividend Recommendation: The Board has recommended a dividend of 900% based on the long-term outlook.
Segment Performance (U.S.): Sales for FY26 were Rs 1,16,783 million (USD 1,318 million), up 46.0% YoY, accounting for 42% of global sales. In Q4FY26, U.S. sales were Rs 33,987 million (USD 371 million), a 56.9% increase YoY.
Segment Performance (India): India sales for FY26 stood at Rs 81,140 million, up 7.1% YoY, contributing 30% to global sales. Quarter sales for India in Q4FY26 were Rs 19,082 million, up 11.5% YoY.
Segment Performance (Emerging Markets): Sales for FY26 reached Rs 34,828 million, up 35.2% YoY. For Q4FY26, sales in this segment were Rs 9,906 million, a YoY growth of 49.2%.
Segment Performance (Other Developed Markets): Annual sales for FY26 were Rs 32,439 million, up 13.3% YoY. Quarter sales for Q4FY26 were Rs 8,453 million, up 7.1% YoY.
Segment Performance (Global API): Global API sales for FY26 were Rs 9,685 million, a decline of 17.7% YoY. However, Q4FY26 sales for the segment grew 7.6% YoY to reach Rs 2,491 million.
Formulations: Total formulations sales for FY26 reached Rs 2,65,190 million, reflecting a YoY growth of 26.2%.
Research and Development: Investment in R&D was Rs 20,631 million (7.5% of sales) for FY26, compared to Rs 17,968 million in FY25. For Q4FY26, R&D investment was Rs 5,898 million (8.0% of sales).
Net Debt: As of March 31, 2026, Net Debt stands at Rs -46,358 million.

Nilesh Gupta, Managing Director, Lupin, said: “Our fourth quarter and full-year results underscore the strength and resilience of our business across key geographies, with the U.S. and India delivering strong sales growth and margin expansion. Building on this momentum, we are well-positioned to accelerate performance through strategic investments in technology, disciplined execution, and operational efficiencies, driving sustainable and profitable growth”.

Result PDF

Q4FY26 & FY26 Result Announced for Pidilite Industries Ltd.

Specialty Chemicals company Pidilite Industries announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Net Sales for Q4FY26 stood at Rs 3,572 crore, representing a growth of 14.1% YoY compared to Rs 3,130 crore in Q4FY25.
For the full year FY26, consolidated Net Sales reached Rs 14,553 crore, up by 11.1% from Rs 13,094 crore in FY25.
EBITDA for the quarter Q4FY26 was Rs 833 crore, a significant increase of 31.6% YoY over Rs 633 crore in Q4FY25.
Annual EBITDA for FY26 stood at Rs 3,519 crore, reflecting a growth of 16.8% compared to Rs 3,013 crore in FY25.
The consolidated EBITDA margin for Q4FY26 improved to 23.3% from 20.2% in Q4FY25.
Profit After Tax (PAT) for Q4FY26 grew by 36.6% YoY to Rs 584 crore from Rs 428 crore.
For the full year FY26, Profit After Tax was Rs 2,471 crore, marking a 17.9% YoY growth from Rs 2,096 crore in FY25.

Standalone Financial Highlights:

Net Sales for Q4FY26 were Rs 3,272 crore, registering a growth of 15.3% YoY compared to Rs 2,839 crore in Q4FY25.
Annual Net Sales for FY26 reached Rs 13,437 crore, an 11.8% increase over Rs 12,023 crore in FY25.
EBITDA for Q4FY26 stood at Rs 766 crore, up by 31.1% YoY from Rs 584 crore.
For the full year FY26, Standalone EBITDA was Rs 3,300 crore, reflecting a 16.4% growth compared to Rs 2,835 crore in FY25.
The standalone EBITDA margin for Q4FY26 was 23.4% compared to 20.6% in the same quarter last year.
Profit After Tax (PAT) for Q4FY26 was Rs 547 crore, a growth of 22.8% YoY over Rs 446 crore in Q4FY25.
Annual Profit After Tax for FY26 reached Rs 2,384 crore, up 15.0% YoY from Rs 2,074 crore in FY25.

Business Highlights :

The company achieved a strong Underlying Volume Growth (UVG) of 15.3% in Q4FY26, compared to a full-year FY26 UVG of 11.8%.
The Board has proposed a Final Dividend of Rs 11.5 per share for the financial year ended 31st March, 2026.
Consumer & Bazaar (C&B) Segment: Standalone revenue for this segment grew by 15.9% YoY in Q4FY26 to Rs 2,561 crore, with a UVG of 15.4%. For the full year FY26, C&B revenue reached Rs 10,837 crore, a growth of 12.2%.
C&B segment EBIT for Q4FY26 stood at Rs 785 crore, showing a YoY growth of 34.7%.
Business to Business (B2B) Segment: Standalone revenue for this segment grew by 9.3% YoY in Q4FY26 to Rs 752 crore, with a UVG of 14.8%. For the full year FY26, B2B revenue was Rs 2,800 crore, up 8.1%.
B2B segment EBIT for Q4FY26 was Rs 146 crore, reflecting a growth of 17.2% YoY.
While the B2B project business maintained its growth momentum, industrial products export revenue was impacted due to the Middle East conflict.
Gross Margins on a standalone basis improved by approximately 100 bps over Q4 last year due to lower input costs and remained in line with Q3FY26.
On a consolidated basis, Gross Margins improved by approximately 160 bps compared to Q4 last year.

Sudhanshu Vats, Managing Director, Pidilite Industries Limited, said: "We have delivered strong mid-teens UVG and Revenue growth with robust expansion in margins, underscoring the strength of our brands and business model. Consumer & Bazaar segment continued to accelerate, while Business-to-Business segment made steady progress despite external challenges. Looking ahead, we are confident of our disciplined execution as we navigate the current supply side environment. We expect the momentum in domestic demand to continue as we manage the potential impact on input costs in the year ahead. Our strategic focus remains on driving consistent, profitable, volume-led growth through continued investments in innovation, brand building, and strengthening our supply chain capabilities. This balanced approach will help us sustain momentum while mitigating risks from external volatility."

Result PDF

Q4FY26 & FY26 Result Announced for Britannia Industries Ltd.

Packaged Foods company Britannia Industries announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Total revenue from operations for Q4FY26 stood at Rs 4,718.92 crore, representing a growth of 6.47% YoY compared to Rs 4,432.19 crore in Q4FY25, and a decline of 5.05% QoQ from Rs 4,969.82 crore in Q3FY26.
Total income for Q4FY26 was Rs 4,774.37 crore, an increase of 6.21% YoY from Rs 4,495.21 crore in Q4FY25, but a decrease of 5.07% QoQ compared to Rs 5,029.28 crore in Q3FY26.
Net profit for the quarter ended Q4FY26 was Rs 679.68 crore, showing a YoY increase of 21.56% from Rs 559.13 crore in Q4FY25 and a marginal QoQ decline of 0.36% from Rs 682.14 crore in Q3FY26.
For the full year FY26, consolidated revenue from operations reached Rs 19,151.59 crore, up 6.74% from Rs 17,942.67 crore in FY25.
Annual consolidated net profit for FY26 stood at Rs 2,537.01 crore, reflecting a growth of 16.49% compared to Rs 2,177.86 crore in FY25.
Total comprehensive income for FY26 was Rs 2,561.07 crore as against Rs 2,184.12 crore in FY25.
The earnings per share (Basic and Diluted) for Q4FY26 was Rs 28.16, compared to Rs 23.25 in Q4FY25. For the full year FY26, the EPS was Rs 105.18.

Standalone Financial Highlights:

Revenue from operations for Q4FY26 was Rs 4,553.04 crore, a YoY growth of 6.32% from Rs 4,282.51 crore in Q4FY25, and a QoQ decrease of 4.66% from Rs 4,775.53 crore in Q3FY26.
Total income for the quarter stood at Rs 4,614.09 crore, up 5.97% YoY from Rs 4,354.09 crore and down 5.23% QoQ from Rs 4,868.68 crore.
Net profit for Q4FY26 was Rs 685.47 crore, an increase of 23.04% YoY over Rs 557.10 crore in Q4FY25 and a marginal decrease of 0.37% QoQ over Rs 688.03 crore in Q3FY26.
For the full year FY26, standalone revenue from operations was Rs 18,445.82 crore, compared to Rs 17,295.92 crore in FY25.
Standalone net profit for FY26 grew by 20.23% to Rs 2,561.72 crore from Rs 2,130.72 crore in FY25.
The standalone earnings per share (Basic and Diluted) for Q4FY26 was Rs 28.45 and for FY26 was Rs 106.35.

Business Highlights

Dividend Recommendation: The Board of Directors recommended a final dividend of Rs 90.50/- per equity share of face value Rs 1/- each for the financial year ended 31st March, 2026.
Segment Performance: The operating segment of the Group is identified to be "Foods". The Chief Operating Decision Maker reviews business performance at an overall Group level as one segment; therefore, separate segment disclosure is not applicable.
Fiscal Incentives: An amount of Rs 45.72 crore relating to the period April 2024 to September 2025 was recognized as fiscal incentive income during the quarter ended 31st December, 2025 and year ended 31st March, 2026, following receipt of approval from one of the State Governments.
Labour Code Provisions: The Group recognized an amount of Rs 48.56 crore (as past service cost) during the quarter ended 31st December, 2025 and year ended 31st March, 2026 towards increased liability of gratuity and compensated absences following the notification of the "New Labour Codes".
Tax Reversals: Current tax for the quarter and year ended 31st March, 2026 includes a net reversal of provision of Rs 95.39 crore pursuant to receipt of certain favourable orders relating to income tax litigations of past years.
Exceptional Items (FY25): Standalone exceptional items for the year ended 31st March, 2025 included a cost of Rs 18.51 crore towards Voluntary Retirement Scheme and Rs 6.28 crore towards contract labourers for one of its factories.
Subsidiary Dividends: Standalone other income includes dividend received from subsidiaries amounting to Rs 7.14 crore for the quarter ended 31st March, 2026, and Rs 100.61 crore for the year ended 31st March, 2026.

Rakshit Hargave, Managing Director & Chief Executive Officer, said: “The Business witnessed a steady start to the quarter, with growth of ~9% in the first two months, before moderating to a lower number in March, primarily on account of supply disruptions in the International Business following the West Asia conflict.

Over the year, we made significant strides in scaling our presence in the rapidly growing e-commerce channel, now contributing ~6% to the Domestic business, driven by e-commerce-first launches and a premium mix of offerings. Adjacent categories, including Croissant and Wafers, continued their strong momentum, while flagship brands such as Little Hearts and Jim Jam recorded robust double-digit growth. Recent innovations, including 50-50 Dipped and ‘Doodh’ Marie Gold, have been well received and are gaining strong consumer traction.

As we step into the new financial year, we have already initiated steps to mitigate any potential implication on the business, including input cost inflation, arising out of the ongoing conflict, and remain watchful of the evolving developments. Going forward, we will continue to focus on driving growth across core and adjacent categories through a robust pipeline of innovations, agile execution and higher investment in advertising & brands”

Result PDF

Q4FY26 & FY26 Result Announced for Dabur India Ltd.

Personal Products company Dabur India announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Revenue from Operations for Q4FY26 stood at Rs 3,038.02 crore, representing a YoY increase of 7.34% compared to Rs 2,830.14 crore in Q4FY25, and a QoQ decrease of 14.63% from Rs 3,558.65 crore in Q3FY26.
Total Income for the quarter was Rs 3,213.05 crore, up 8.14% YoY from Rs 2,971.29 crore and down 13.14% QoQ from Rs 3,699.29 crore.
Net Profit for Q4FY26 was Rs 362.00 crore, reflecting a YoY growth of 15.75% from Rs 312.73 crore and a QoQ decline of 34.61% compared to Rs 553.61 crore.
Total Comprehensive Income for the period stood at Rs 378.26 crore, an increase of 8.02% YoY from Rs 350.18 crore.

FY26 Consolidated Financial Highlights:

Revenue from Operations for the full year FY26 reached Rs 13,192.57 crore, registering a growth of 5.01% YoY from Rs 12,563.09 crore.
Total Income for the year stood at Rs 13,792.34 crore, up 5.18% from Rs 13,113.19 crore in FY25.
Net Profit for FY26 was Rs 1,868.69 crore, marking a 7.37% YoY increase from Rs 1,740.42 crore.
Earnings Per Share (EPS) for the year ended March 31, 2026, improved to Rs 10.69 compared to Rs 9.97 in FY25.

Q4FY26 Standalone Financial Highlights:

Revenue from Operations for Q4FY26 was Rs 2,131.71 crore, an increase of 8.50% YoY from Rs 1,964.71 crore and a decrease of 16.32% QoQ from Rs 2,547.39 crore.
Total Income stood at Rs 2,279.12 crore, up 9.40% YoY from Rs 2,083.26 crore and down 14.16% QoQ from Rs 2,655.24 crore.
Net Profit for the quarter was Rs 295.63 crore, showing a YoY increase of 18.00% from Rs 250.54 crore and a QoQ decline of 32.72% from Rs 439.40 crore.

FY26 Standalone Financial Highlights:

Revenue from Operations for FY26 reached Rs 9,383.38 crore, growing 3.45% YoY from Rs 9,070.71 crore.
Net Profit for the full year was Rs 1,491.12 crore, representing a 6.26% YoY growth over Rs 1,403.22 crore in FY25.

Business Highlights

Segment Performance:
- Consumer Care Business: Contributed revenue of Rs 10,864.07 crore in FY26, showing growth over Rs 10,160.10 crore in FY25. Segment results (profit) stood at Rs 2,475.53 crore.
- Food Business: Recorded revenue of Rs 2,015.55 crore compared to Rs 2,100.61 crore in FY25. Segment results were Rs 239.58 crore.
- Retail Business: Revenue stood at Rs 106.56 crore, with a segment loss of Rs 6.44 crore.
- Other Segments: Revenue reached Rs 167.48 crore, with segment results of Rs 22.35 crore.
Dividend: The Board of Directors has recommended a final dividend of Rs 5.50 per equity share (550%) for the financial year 2025-26, subject to the approval of shareholders at the ensuing Annual General Meeting.
Exceptional Items: The results for the year ended March 31, 2026, include an exceptional item of Rs 15.05 crore.
Labour Codes Impact: The company assessed the financial implications of the new Labour Codes (notified in November 2025). The incremental impact of these changes resulted in a total liability of Rs 579 lakh for standalone and Rs 597 lakh for consolidated results (for gratuity and leave encashment), which was recognized in the quarter ended December 31, 2025.
Geographical Performance:
- India: Revenue from operations was Rs 8,941.3 crore.
- Outside India: Revenue from operations was Rs 7,394.1 crore

Mohit Malhotra, Dabur India, Global Chief Executive Officer, said: "Amid heightened geopolitical tensions in the Middle East that drove inflation, elevated freight costs, and impacted consumer demand in select markets, Dabur demonstrated agility in navigating the operating environment. We delivered a resilient performance during Q4FY26 on the back of proactive supply chain diversification by way of opening alternative supply routes to key geographies, disciplined cost controls, and calibrated price increases, combined with strong brand-led consumer engagement."

India FMCG Business Operating Profit rose 12.5% during the quarter, reflecting strong execution in the domestic FMCG business and healthy underlying volume growth of 6%.

Revenue for the full year 2025-26 marked a 5% growth at Rs 13, 193 crore, while Net Profit for the year reported a 7.4% growth at Rs 1,869 crore.

In the fourth quarter, rural markets continued to outpace urban consumption with rural demand growing ahead of urban India by 350bps. "That said, the gap between rural and urban growth has narrowed significantly compared to December 2025, reflecting a more balanced consumption recovery. We expect this convergence to continue. Within Urban India, e-commerce and Modern Trade have been driving demand, growing by 49% and 19% respectively. Quick Commerce is driving the online business, posting a growth of 54%. This channel was a major contributor to our Foods business, which grew by 30% in Q4. We will continue to double down on emerging channels, which serve as the incubators for Dabur's innovation and premium products. As part of this initiative, we have launched SIENS, Dabur's first online only Direct-to-Consumer nutraceutical brand, which is showing great consumer traction. We continue to invest heavily behind this brand."

Result PDF

Q4FY26 & FY26 Result Announced for Bajaj Holdings & Investment Ltd.

Holding Companies company Bajaj Holdings & Investment announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Total Income: For Q4FY26, consolidated total income stood at Rs 76.05 crore, representing a decrease of 67.26% YoY from Rs 232.31 crore in Q4FY25 and a decrease of 74.69% QoQ from Rs 300.44 crore in Q3FY26. For FY26, total income reached Rs 1,123.87 crore, a YoY increase of 35.17% compared to Rs 831.45 crore in FY25.
Total Revenue from Operations: Revenue for Q4FY26 was Rs 60.54 crore, down 58.32% YoY from Rs 145.26 crore in Q4FY25 and down 78.94% QoQ from Rs 287.51 crore in Q3FY26. For FY26, it reached Rs 1,069.58 crore, growing by 56.28% YoY from Rs 684.42 crore in FY25.
Share of Profits of Associates: The company recorded Rs 2,262.19 crore as its share of profits from associates in Q4FY26, a YoY increase of 40.69% from Rs 1,607.95 crore in Q4FY25 and a QoQ increase of 23.43% from Rs 1,832.79 crore in Q3FY26. For FY26, this stood at Rs 7,605.77 crore, up 24.04% YoY from Rs 6,131.53 crore in FY25.
Net Profit After Tax (PAT): Consolidated PAT for Q4FY26 was Rs 2,575.00 crore, reflecting a YoY growth of 49.23% from Rs 1,725.49 crore in Q4FY25 and a QoQ increase of 27.71% from Rs 2,016.22 crore in Q3FY26. For FY26, PAT reached Rs 9,636.75 crore, an increase of 47.79% YoY compared to Rs 6,520.67 crore in FY25.
Earnings Per Share (EPS): Basic and diluted EPS for Q4FY26 was Rs 231.4, compared to Rs 155.0 in Q4FY25. For FY26, EPS stood at Rs 865.9, up from Rs 585.9 in FY25.

Standalone Financial Highlights:

Total Income: Standalone total income for Q4FY26 was Rs 69.02 crore, a YoY decline of 58.74% from Rs 167.29 crore in Q4FY25 and a QoQ decline of 76.49% from Rs 293.54 crore in Q3FY26. For FY26, it was Rs 3,184.31 crore, nearly doubling YoY from Rs 1,600.25 crore in FY25.
Total Revenue from Operations: Standalone revenue for Q4FY26 stood at Rs 54.11 crore, down 60.80% YoY from Rs 138.02 crore in Q4FY25. For FY26, revenue was Rs 3,130.62 crore, an increase of 106.95% YoY from Rs 1,512.77 crore in FY25.
Net Profit After Tax (PAT): Standalone PAT for Q4FY26 reached Rs 310.35 crore, reflecting a YoY growth of 242.09% from Rs 90.72 crore in Q4FY25 and a QoQ growth of 71.51% from Rs 180.95 crore in Q3FY26. For FY26, PAT was Rs 4,707.80 crore, an increase of 264.43% YoY from Rs 1,291.83 crore in FY25.
Dividend: The Board of Directors recommended a final dividend of Rs 130 per equity share (1,300%) for FY26, which includes a special payout of Rs 50 (500%) in celebration of 100 years of the Bajaj Group. Combined with the interim dividend of Rs 65, the total dividend for FY26 is Rs 195 (1,950%) per share.

Business Highlights

Segment Performance: The company's business activity falls within a single business segment, which is investments. It holds strategic stakes in Bajaj Auto Limited (36.66%), Bajaj Finserv Limited (40.78%), and Maharashtra Scooters Limited (51%).
Equity Investments: Realised profit on sale of equity investments (other than group) aggregated to Rs 2,077 crore for the year ended March 31, 2026, compared to Rs 3,777 crore for the year ended March 31, 2025.
Insurance Stake Acquisition: On 8 January 2026, as a Promoter Group entity, BHIL acquired a 17.56% equity stake in each of Bajaj General Insurance Limited and Bajaj Life Insurance Limited for Rs 16,333.30 crore. Following a buyback by Allianz SE on 12 March 2026, BHIL's stake in these insurance companies increased to 18.10%.
Exceptional Item: In FY26, BHIL sold 1.04 crore equity shares of its associate, Bajaj Finserv Limited, resulting in a profit of Rs 1,521.88 crore (consolidated) and Rs 1,982.99 crore (standalone), which has been disclosed as an exceptional item.
Performance of Major Group Companies:
- Bajaj Auto Limited: Consolidated PAT for Q4FY26 more than doubled to Rs 3,662 crore compared to Rs 1,802 crore in Q4FY25, driven by standalone performance and fair value gains on the acquisition of KTM AG.
- Bajaj Finserv Limited: Consolidated PAT for Q4FY26 increased by 5% to Rs 2,539 crore compared to Rs 2,417 crore in Q4FY25.
- Maharashtra Scooters Limited: Reported a PAT of Rs 311 crore For FY26, compared to Rs 214 crore in FY25.
- KTM AG Restructuring: Bajaj Auto Limited acquired a controlling stake of 74.90% in KTM AG during the year following its financial restructuring.

Result PDF

Q4FY26 & FY26 Result Announced for Bajaj Auto Ltd.

2/3 Wheelers company Bajaj Auto announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Revenue from Operations stood at Rs 17,832.46 crore, marking a YoY growth of 41.01% from Rs 12,646.32 crore in Q4FY25 and a QoQ growth of 10.05% from Rs 16,204.45 crore in Q3FY26.
Total Income for the quarter was Rs 18,493.86 crore, representing a YoY increase of 41.84% from Rs 13,038.55 crore and a QoQ increase of 11.14% from Rs 16,640.49 crore.
Profit After Tax (PAT) was Rs 3,492.21 crore, reflecting a YoY growth of 93.81% from Rs 1,801.85 crore and a QoQ growth of 27.00% from Rs 2,749.82 crore.
Total Comprehensive Income for the quarter reached Rs 1,868.12 crore, compared to Rs 2,131.13 crore in Q4FY25 and Rs 2,556.31 crore in Q3FY26.

FY26 Consolidated Financial Highlights:

Revenue from Operations for the full year FY26 was Rs 62,905.00 crore, showing a YoY growth of 23.35% from Rs 50,994.55 crore in FY25.
Total Income for FY26 reached Rs 65,087.22 crore, up 24.05% from Rs 52,468.96 crore in FY25.
Profit After Tax (PAT) for the full year stood at Rs 10,574.50 crore, marking a 44.37% increase from Rs 7,324.73 crore in the previous year.
Basic Earnings Per Share (EPS) for FY26 reached Rs 385.0 compared to Rs 262.4 in FY25.

Q4FY26 Standalone Financial Highlights:

Revenue from Operations was Rs 16,005.65 crore, a YoY increase of 31.76% from Rs 12,147.97 crore and a QoQ increase of 5.16% from Rs 15,220.33 crore.
EBITDA reached a record Rs 3,323 crore, growing 36% YoY from Rs 2,451 crore in Q4FY25 and up 5% QoQ from Rs 3,161 crore.
Profit After Tax (PAT) reached a record high of Rs 2,746.13 crore, up 34.02% YoY from Rs 2,049.31 crore and 9.72% QoQ from Rs 2,502.81 crore.

FY26 Standalone Financial Highlights:

Revenue from Operations clocked an all-time high of Rs 58,732.48 crore, registering a robust 17.44% YoY growth compared to Rs 50,010.31 crore in FY25.
EBITDA reached a new peak of Rs 12,019 crore, a YoY growth of 18.99% from Rs 10,101 crore.
Profit After Tax (PAT) stood at its biggest annual print of Rs 9,824.66 crore, a 20.53% increase YoY from Rs 8,151.42 crore.

Business Highlights

Segment-wise Performance:
- Automotive: Revenue reached Rs 60,530.43 crore in FY26 compared to Rs 49,982.13 crore in FY25.
- Investments: Revenue was Rs 1,309.18 crore in FY26 compared to Rs 1,445.98 crore in FY25.
- Financing: Revenue grew significantly to Rs 3,247.61 crore in FY26 from Rs 1,040.85 crore in FY25.
Sales Volume Performance:
- Total annual volume hit a record >5 million units ( 10% YoY).
- Commercial Vehicle (CV) volumes crossed an unprecedented >5 lakh mark.
- Exports for the year exceeded 2 million units, with quarterly revenues growing >30% YoY in Q4FY26.
Key Portfolio Performance:
- Chetak (EV): Reported a new high with revenues >Rs 4,000 crore and retail volumes surpassing the 1 lakh milestone in Q4FY26.
- KTM-Triumph: Global revenue for this duo hit ~Rs 5,000 crore, delivering its best-ever performance ( 40% YoY).
- Domestic Motorcycles: Revenues in Q4FY26 grew by ~30% YoY, led by the Pulsar N/NS series.
Strategic Investments and Capital Actions:
- The Board recommended a final dividend of Rs 150 per share (1500% of face value).
- Approved a buy-back of up to 4,694,000 equity shares at a price of Rs 12,000 per share for an aggregate amount of up to Rs 5,633 crore.
- Effective November 18, 2025, the Group acquired a controlling interest in Bajaj Auto International Holdings AG (BAIHAG), becoming the parent of Bajaj Mobility AG (BMAG) and KTM AG.
Liquidity: The company maintained a robust Balance Sheet with surplus funds of >Rs 18,000 crore and recorded a free cash flow accretion of >Rs 8,000 crore during the year.

Result PDF

Q4FY26 Quarterly Result Announced for Shree Cements Ltd.

Cement & Cement Products company Shree Cements announced Q4FY26 results

Q4FY26 Standalone Financial Highlights:

Net Revenue from Operations for Q4FY26 stood at Rs 5,643 crore, representing a YoY increase of 7.7% from Rs 5,240 crore in Q4FY25 and a QoQ growth of 27.8% from Rs 4,416 crore in Q3FY26.
Operating Profit (EBITDA) for the quarter was Rs 1,250 crore, marking a YoY decrease of 9.5% compared to Rs 1,381 crore in Q4FY25 and a QoQ increase of 36.3% from Rs 917 crore in Q3FY26.
Profit After Tax reached Rs 532 crore, a YoY decline of 4.3% from Rs 556 crore in Q4FY25 and a QoQ increase of 90.7% from Rs 279 crore in Q3FY26.
Cash Profit for the quarter was Rs 1,195 crore, a YoY decrease of 6.1% from Rs 1,272 crore in Q4FY25 and a QoQ growth of 38% from Rs 866 crore in Q3FY26.

Q4FY26 Consolidated Financial Highlights:

Net Revenue from Operations for Q4FY26 was Rs 6,101 crore, reflecting a YoY growth of 10.3% compared to Rs 5,532 crore in Q4FY25 and a QoQ increase of 27.1% from Rs 4,801 crore in Q3FY26.
Operating Profit (EBITDA) stood at Rs 1,384 crore, representing a YoY decrease of 3.1% from Rs 1,429 crore in Q4FY25 and a QoQ growth of 38% from Rs 1,003 crore in Q3FY26.
Profit After Tax reached Rs 528 crore, marking a YoY decline of 8.2% from Rs 575 crore in Q4FY25 and a QoQ growth of 97% from Rs 268 crore in Q3FY26.
Cash Profit for the quarter was Rs 1,292 crore, showing a YoY decrease of 2.9% from Rs 1,330 crore in Q4FY25 and a QoQ increase of 34.6% from Rs 960 crore in Q3FY26.

Business Highlights

Operational Performance (India):
- Total cement sale volume grew by 11% YoY to 10.56 million tonnes in Q4FY26 (up 24.5% QoQ).
- Total volume including clinker sales increased by 9.4% YoY to 10.77 million tonnes (up 23.2% QoQ).
- Sales of premium products reached 22% of total trade volume compared to 16% in Q4FY25.
Segment Performance (Ready-Mix Concrete - RMC):
- The company expanded its RMC business to 26 operational plants at the end of FY26.
- Inaugurated 10 new commercial RMC plants in March 2026, which will bring the total count to 36 plants at the start of FY27.
Capacity and Capex:
- Commissioned an integrated project at Kodla, Karnataka, with 3.65 MTPA clinker capacity and 3.50 MTPA cement capacity.
- Total installed cement production capacity in India (including wholly-owned subsidiaries) reached 69.3 MTPA.
- Setting up a new integrated cement plant in Meghalaya with 0.95 MTPA clinker and 0.99 MTPA cement capacity.
- Incorporated a wholly-owned subsidiary in Mauritius to establish cement blending, storage, and packaging facilities.
Sustainability Performance:
- Green electricity share in total consumption stood at 61% in Q4FY26 compared to 59% in Q4FY25.
- Installed green power generation capacity reached 666.5 MW.
Dividend:
- The Board recommended a final dividend of Rs 70 per share for FY26.
- Total dividend for the year stands at Rs 150 per share (including an interim dividend of Rs 80), representing a 36% increase over the Rs 110 per share paid in FY25.

Neeraj Akhoury, Managing Director, Shree Cement, said: “We are happy to report a strong performance during the quarter, with domestic cement sale volume increasing 11% YoY, supported by proactive efforts to deepen customer engagement and expand market reach. The sharp QoQ improvement in EBITDA and Profit After Tax reflects the effectiveness of our operational initiatives and revenue actions.

While cost pressures persisted due to the impact of the West Asia conflict, we continue to strengthen our performance by improving energy efficiency, increasing digitalisation across operations, and leveraging data-driven processes to enhance productivity. With robust demand fundamentals and ongoing digital and sustainability-led interventions, we are confident of delivering sustainable and profitable growth in the coming quarters.”

Result PDF

L&T Wins Major Residential, Luxury Projects in Mumbai, Hyderabad, Karnataka (₹2.5K-5K Cr)

L&T has announced that its Buildings & Factories (B&F) vertical has secured multiple “Large” real-estate orders across Hyderabad, Mumbai and Karnataka.

Published on 08-May-2026 09:14

Bharat Forge Q4: Revenue rises 4.5% to ₹2,261 cr, loss at ₹118 cr on subsidiary provision

Standalone revenues for the quarter came in at ₹ 2,261 crore (up 4.5% YoY), amidst an ~8% de-growth in tonnage at 62,201 tonnes

Published on 08-May-2026 09:13

Lupin Q4 Revenue Jumps 33% to ₹7,392Cr, EBITDA Soars 68% on Strong US, Emerging Market Growth

Revenues for the quarter grew by ~33% YoY to ₹7,392 crore, primarily driven by the US

Published on 08-May-2026 09:12

Udupi-CSL Secures ₹100-250 Cr Order from Adani’s Ocean Sparkle for 4 High-Capacity ASD Tugs

Udupi Cochin Shipyard Limited (Udupi-CSL), a wholly owned subsidiary of Cochin Shipyard Ltd (CSL)

Published on 08-May-2026 09:11

Wonderla Q4 Revenue Soars 40% to ₹136Cr, Driven by New Chennai Park and Stronger Visitor Footfalls.

Wonderla Ltd. reported strong set of results driven by robust performance in the newly inaugurated Chennai Park. Revenues witnessed 40.4% YoY growth to Rs.135.8cr in Q4FY28.

Published on 08-May-2026 09:10

RECPDCL Tenders Major Grid Projects to Evacuate 21.5 GW Gujarat Renewable Energy

REC subsidiary RECPDCL has floated two large interstate transmission tenders to evacuate power from 21.5 GW of renewable energy projects in Gujarat

Published on 08-May-2026 09:09

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