Board of directors of the company in their meeting held on 30th May, 2026 have considered, approved and taken on record the audited financial results for the half year & year ended on 31st ....
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Angel Fibers Ltd reported audited financial results for the half year and year ended March 31, 2026. Total revenue for the year stood at Rs 21,557 lakhs, compared to Rs 20,362 lakhs in the previous year, representing revenue growth of approximately 6%. Profit before tax more than doubled to Rs 374.60 lakhs from Rs 194.38 lakhs in the prior year. Profit after tax increased significantly to Rs 183.81 lakhs from Rs 128.08 lakhs. The balance sheet shows improved financial health with long-term borrowings reduced from Rs 2,634 lakhs to Rs 1,916 lakhs, and the debt-to-equity ratio improved from 1.59 to 0.95. The company appointed Manish Bhagvandas Analkat as Cost Auditor for FY 2026-27. The statutory auditor issued an unmodified (clean) opinion on the financial statements.
Strong operational performance with near-doubling of profitability and significant debt reduction improves the company's financial profile. The clean audit opinion reinforces reliability of financials for shareholders.