Regulation 30and 33 of LODR regulations 2015- Standalone Audited Financial Results March 31,2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Accord Transformer & Switchgear Limited reported standalone audited financial results for FY 2025-26. The company saw a significant revenue decline of approximately 36.5% to Rs. 5,017.41 Lakhs from Rs. 7,902.25 Lakhs in the previous year. Net profit dropped sharply to Rs. 325.33 Lakhs from Rs. 1,562.42 Lakhs in the prior year, representing a decline of about 79%. Basic EPS fell from Rs. 4.93 to Rs. 2.03 per share. The company completed its IPO in February-March 2026, raising Rs. 2,558.62 Lakhs, with Rs. 2,040.21 Lakhs still unutilized and deployed in fixed deposits pending deployment for stated objects. The statutory auditor issued an unmodified opinion confirming true and fair view of financial statements.
The sharp decline in revenue and profit raises concerns about the company's operational performance. However, the clean audit opinion and adequate internal controls provide some reassurance. The substantial unutilized IPO funds will need to be deployed for stated objects within regulatory timelines.