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Ahasolar Technologies Board approved audited financial results for FY 2026 and H2 ended March 31, 2026. The company returned to profitability with standalone net profit of Rs 16.83 L (vs loss of Rs 101.59 L prior year), though standalone revenue declined to Rs 1,055.75 L from Rs 3,856.80 L due to transfer of trading operations to subsidiary RTC Energy Private Limited. On consolidated basis, revenue grew 59% to Rs 9,153.99 L with net profit of Rs 20.54 L (vs loss of Rs 95.55 L prior year). The board also appointed M/s. JHS & Associates LLP as Internal Auditor and M/s. Mukesh H Shah & Co. as Secretarial Auditor for FY 2026-27. Statutory auditors issued unmodified opinions.
Company achieved turnaround with return to profit on both standalone and consolidated basis. The structural shift of trading operations to subsidiary inflated consolidated revenue significantly while reducing standalone revenue. Shareholders should note improved profitability but lower standalone revenue recognition.