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The audited Consolidated Financial Results and Segment Results were reviewed by the Audit Committee, and approved by the Board of Directors of the Company at its meeting held on 21st May, 2026. <BR> <BR> 2. The continuing significant brand building costs covering a range of personal care and branded packaged food products are reflected under 'Other expenses' stated above and in Segment Results under 'FMCG-Others'. <BR> <BR> 3. 5,08,460 Ordinary Shares of Re. 1/- each were issued and allotted under the Company’s Employee Stock Option Schemes during the quarter ended 31st March, 2026. Consequently, the issued and paid-up Share Capital of the Company stands increased to Rs. 1252,94,68,231/- as on 31st March, 2026. <BR> <BR> 4. Exceptional Items of Continuing Operations for the twelve months ended 31st March, 2026 of Rs. 291.70 Crores represents : <BR> <BR> a) estimated one-time impact on recognition of past service cost of Rs. 379.78 Crores with respect to increase in liability of gratuity and compensated absences, primarily arising due to change in definition of wages pursuant to notifications issued by the Ministry of Labour & Employment dated 21st November, 2025 bringing into force the provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "New Labour Codes"). The Group continues to monitor the finalisation of rules by the Central and State Governments and clarifications from the Government on other aspects of the New Labour Codes and will account for such developments as needed. <BR> <BR> b) receipt of Rs. 88.08 Crores on final settlement of the insurance claim towards leaf tobacco stocks, which were destroyed due to fire at a third party owned warehouse in an earlier year. <BR> <BR> 5. The amalgamation of Sresta Natural Bioproducts Private Limited (‘Sresta’) and Wimco Limited (‘Wimco’), wholly owned subsidiaries, with the Company was approved by the Board of Directors on 1st August, 2025. The Hon’ble National Company Law Tribunal (‘NCLT’), Kolkata Bench, vide Order dated 20th March, 2026, and NCLT, Hyderabad Bench, vide Order dated 16th April, 2026, have approved the said amalgamation and certified copies of the Orders have been filed with the Registrar of Companies, West Bengal and Telangana, respectively, on 7th May, 2026. Since all the requisite formalities have been completed, the aforesaid amalgamation has been given effect to in these Financial Results from the respective Appointed Dates i.e. 1st April, 2025 for Wimco and 13th June, 2025 for Sresta. Accordingly, the two subsidiaries of Sresta viz., Sresta Global FZE, UAE and Fyve Elements LLC, USA, have become direct wholly owned subsidiaries of the Company. <BR> <BR> The fair value of assets and liabilities acquired have been recorded at their provisional acquisition date fair values in accordance with Ind AS 103 - Business Combinations. The financial results of the Group and 'FMCG-Others' segment include those of Sresta and its subsidiaries from 13th June, 2025 and consequently are not comparable with previous periods. <BR> <BR> 6. Consequent to expiry of the GST Compensation Cess, the Government of India increased GST and Central Excise duty on cigarettes with effect from 1st February, 2026. In accordance with Ind AS 115 - Revenue from Contracts with Customers and Schedule Ill to the Companies Act, 2013, GST and GST Compensation Cess are excluded from Gross Revenue from sale of products, whereas Excise duty is not excluded. Consequently, the Gross Revenue from sale of products and services & Excise duty for the quarter and year ended 31st March, 2026 and value of inventory as at 31st March, 2026 reflect the impact of sharp increase in Excise duty and are not strictly comparable with those of the previous periods. <BR> <BR> 7. The Board of Directors of the Company have recommended to the Members for their approval, Final Dividend of Rs. 8.00 per Ordinary Share of Re. 1/- each for the financial year ended 31st March, 2026 (previous year: Final Dividend of Rs 7.85 per Ordinary Share). Together with the Interim Dividend of Rs. 6.50 per Ordinary Share (previous year: Rs. 6.50 per Ordinary Share) paid on 27th February, 2026, the total Dividend for the financial year ended 31st March, 2026 amounts to Rs. 14.50 per Ordinary Share (previous year: Rs.14.35 per Ordinary Share). Total cash outflow on account of Dividend (including Interim Dividend of Rs. 8144.00 Crores paid in February, 2026) will be Rs. 18167.57 Crores (previous year: Rs. 17956.69 Crores). <BR> <BR> The Record Date fixed for the purpose of determining entitlement of the Members for the Final Dividend is Wednesday, 27th May, 2026 and such Dividend, if declared, will be paid between Friday, 24th July, 2026 and Wednesday, 29th July, 2026 to those Members entitled thereto. <BR> <BR> 8. The 115th Annual General Meeting of the Company has been convened for Thursday, 23rd July, 2026. <BR> <BR> 9. This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.2025-04-012026-03-31AuditedConsolidated8991333000002425800000092339130000026272330000088260100000-255046000006781500000085170000017105300000232660400000643911200000279480100000-29170000002765631000006412970000060227000007015240000002064107000000003770800000210181500000-64329000002037486000002068947000003286800000200472700000327590000012529500000171254350000016.5216.510016.5216.51Excise Duty59968000000Other Expenses33950100000Excise Duty110449300000Other Expenses1222111000001747120000001499410000030336000009932900000317366000001024700000052882400000120895500000048700000343220000012437640000015518000001659520000043083970000018622960000020750640000039228600000643460000023653300000852000002361340000030052150000002033300000050708410000000937923800000125295000007125435000007250730000003657200000728730200000600000000000651260000071126000003894300000308962000000417800000423209000002126220000035013000005289420000056395500000217113000009936900000050376400000423910000012888200000016687270000000209193600000937923800000Other financial assets3432200000Right-of-use assets5010200000Other non-current assets10884500000Income Tax Assets (net)700500000Other current financial assets23613400000Biological assets other than bearer plants2496900000Other current assets17836100000Lease liabilities1408600000Other financial liabilities5104000000Other non-current liabilities417800000Other current financial liabilities20991500000Lease liabilities719800000Other current liabilities50376400000FMCG - Cigarettes119517200000FMCG - Others63524100000Agri Business31666500000Paperboards, Paper & Packaging22286100000Others13052600000FMCG - Cigarettes406010000000FMCG - Others243215500000Agri Business207873300000Paperboards, Paper & Packaging87685800000Others5036230000025004650000099514690000013789600000102564800000236256900000892582100000FMCG - Cigarettes57973000000FMCG - Others5257800000Agri Business2001100000Paperboards, Paper & Packaging2325000000Others1449900000FMCG - Cigarettes222456200000FMCG - Others18118200000Agri Business15842400000Paperboards, Paper & Packaging7540600000Others670400000069006800000270661400000291800000851700000-3011200000-1052420000071726200000280333900000FMCG - Cigarettes139955600000FMCG - Others133594400000Agri Business77922300000Paperboards, Paper & Packaging100212100000Others29974500000481658900000456264900000937923800000FMCG - Cigarettes57496300000FMCG - Others30891500000Agri Business17844300000Paperboards, Paper & Packaging13952200000Others12311700000132496000000766976000002091936000001. ‘Revenue from operations’ should be read as ‘Gross Revenue from sale of products and services’. <BR> <BR> 2. ‘Other Unallocable Expenditure net off Unallocable income’ should be read as ‘Other un-allocable (income) net of un-allocable expenditure (Refer Note)’. <BR> <BR> 3. In case of 3 months ended 31.03.2026, ‘Other Unallocable Expenditure net off Unallocable income’ includes ‘Other un-allocable (income) net of un-allocable expenditure (Refer Note)’ of Rs. (186.75) Crores, Exceptional Items* of Rs. 25.20 Crores and Share of Profit / (Loss) of associates and joint ventures of Rs. 139.57 Crores. <BR> <BR> 4. In case of 12 months ended 31.03.2026, ‘Other Unallocable Expenditure net off Unallocable income’ includes ‘Other un-allocable (income) net of un-allocable expenditure (Refer Note)’ of Rs. (967.04) Crores, Exceptional Items* of Rs. 291.70 Crores and Share of Profit / (Loss) of associates and joint ventures of Rs. 377.08 Crores. <BR> <BR> # The figures of 3 months ended 31.03.2026 and corresponding 3 months ended 31.03.2025 are the balancing figures between the audited figures in respect of the full financial year and the year to date figures upto the third quarter of the respective financial years, which were subjected to limited review. <BR> <BR> * Refer note 4 to the Consolidated Financial Results. <BR> <BR> Note: As stock options and stock appreciation rights are granted to align the interests of employees with those of shareholders and also to attract and retain talent for the Group as a whole, the charge thereof do not form part of the segment performance reviewed by the Corporate Management Committee.851700000-330625000004680800000000000758900000000171053000007000000000-255700000151600000146223000001280000000-860010000000383090000000-281839000002483792000000006373610000001846431000001000001830900000657366600000681728400000000050450000021828900000000000000000095300000133100000004543000009170100000014647400000-23207400000004048500000000002120500000010531000006824000001827202000008170000000-1452000000-161471200000-355000000-3550000062238000006188300000Items that will not be reclassified to profit or loss-9818000000-9818000000Items that will not be reclassified to profit or loss-8352700000-8352700000-1333700000-1116500000Items that will be reclassified to profit or loss430000000430000000Items that will be reclassified to profit or loss449200000449200000-141800000-354100000-7912500000-6432900000AuditedtrueS R B C & CO LLPtrue2029-02-28