Results for consideration and approval of Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended 31st March 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Acme Resources Ltd reported FY2026 consolidated profit after tax of Rs 142.80 lakh, down 60% from Rs 354.54 lakh in FY2025. Total consolidated income was Rs 1,153.76 lakh (vs Rs 1,091.54 lakh), showing marginal revenue growth. Standalone operations turned to loss with PBT of Rs -267.13 lakh compared to profit of Rs 171.89 lakh in FY2025. The auditors issued an unmodified opinion but included an Emphasis of Matter regarding provisional attachment of inventory and Income Tax Department demands totaling approximately Rs 9,396 lakh across Assessment Years 2014-15 to 2024-25, which the company has challenged before CIT(A). The company also appointed DPNC Global as internal auditor for FY2026-27.
The significant decline in profitability and large contingent tax liabilities present risks for shareholders. However, the unmodified auditor opinion provides assurance on financial statement reliability. The substantial IT demands represent potential material liability if unfavorable outcomes occur.