Announced Fri, 29 May · 18:00 IST

Financial Results for the quarter and year ended on 31st March 2026

Revenue DeclinePat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Akar Auto Industries reported audited FY2026 results. Revenue from operations declined to ₹34,108.12 lakhs from ₹37,710.27 lakhs in the prior year, a fall of about 9.5%. Profit before tax dropped sharply to ₹395.97 lakhs from ₹908.50 lakhs in FY25, a decline of over 56%. Net profit for the year stood at ₹92.18 lakhs compared to ₹645.48 lakhs in the previous year — an 86% decline — driven by lower revenue, higher deferred tax expense (₹237.69 lakhs vs ₹73.15 lakhs), and increased material costs. The statutory auditors issued an unmodified (clean) opinion. Cash flow from operations remained positive at ₹2,918.29 lakhs, and cash equivalents nearly doubled year-on-year. No going concern issues were flagged.

Likely market impact

The steep fall in net profit despite stable operations signals margin pressure and cost headwinds. The clean audit opinion provides some comfort, but the sharp earnings decline is negative for shareholders and may weigh on the stock near term.