Josts Engineering Company Ltd — Important, 20-05-2026: Company Update

Jost’s Engineering announced its Q4 and FY26 financial results. FY26 consolidated Profit After Tax rose to Rs 33.38 Cr, significantly boosted by an exceptional gain of Rs 35.16 Cr. The Board proposed a total dividend of Rs 5.00 per share. Strategically, the company divested its JECL Engineering subsidiary to streamline operations and enhance capital allocation. Additionally, it plans to develop an IT-ITES Business Park on its Thane land, with an estimated Gross Development Value of Rs 700 Cr, aiming to unlock substantial shareholder value. The Engineering Product Division has an order book of Rs 154.15 Cr.