Vijaya Diagnostic Centre has announced the resignation of its chief financial officer, Ankit Shah. According to the company's regulatory filing, Shah will cease to hold the position on or before July 24, 2026. The company did not disclose the reason for the resignation in the filing, and further details regarding the appointment of a new CFO are awaited.
Vijaya Diagnostic Centre is one of India's largest integrated diagnostic chains, offering comprehensive diagnostic services ranging from basic pathology to high-end radiology. The disclosure was made in compliance with regulatory requirements under stock exchange listing norms.
The company's recent financial results showed exceptional growth momentum. According to the latest quarterly results, net profit jumped 37.64% to ₹47.92 crore on a 26.62% rise in revenue from operations to ₹219.37 crore in Q4 FY26 over Q4 FY25. For the full year FY26, net profit rose 20.30% to ₹172.98 crore compared to ₹143.79 crore in the previous year, while sales increased 19.49% to ₹814.20 crore from ₹681.39 crore. The company also announced a final dividend of ₹2 per equity share (200%) subject to shareholder approval.
The company has maintained consistent dividend payments over the past five years, with a current dividend yield of 0.15%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.53 annually. The stock price shed 0.09% to ₹1,305.90 on the BSE following the latest announcements, reflecting market response to the leadership transition and strong financial performance.
