Akg Exim Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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AKG Exim Limited has posted audited financial results for FY2026 ending March 31, 2026. Consolidated revenue declined significantly to Rs 8,700.55 Lakhs from Rs 13,309.14 Lakhs in FY2025, representing a drop of approximately 35%. Consolidated profit after tax fell to Rs 36.36 Lakhs from Rs 85.81 Lakhs in the previous year. Standalone revenue also declined from Rs 6,963.10 Lakhs to Rs 5,136.16 Lakhs. The company has one subsidiary, ASRI Trade Pte. Ltd., Singapore. The statutory auditors Dharam Taneja Associates have issued an unmodified (clean) audit opinion on both standalone and consolidated financial statements. Cash and bank balances decreased significantly from Rs 94.30 Lakhs to Rs 2.06 Lakhs at standalone level.
The sharp decline in revenue and profits is negative for shareholders. Despite the reduced revenue, the company managed to stay profitable, which is a positive. The clean audit opinion with no going concern issues provides some comfort, though the declining financial metrics warrant caution.