Outcome of Board Meeting dated May 08, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apollo Finvest India Ltd's Board approved audited financial results for Q4 and FY ended March 31, 2026. The company reported total revenue from operations of ₹2,070.48 lakhs, down 31.6% from ₹3,026.23 lakhs in the previous year. Despite the revenue decline, profit after tax stood at ₹695.49 lakhs (vs ₹721.57 lakhs YoY), down 3.6%. The auditors issued an unmodified (clean) opinion on the financial statements. The Board also re-appointed Mr. Amey Chaubal as Internal Auditor for FY 2026-27 and Mr. Akash Saxena as Non-Executive Independent Director for a second 5-year term. An exceptional income item of ₹195.80 lakhs contributed to profit before tax of ₹1,040.87 lakhs. The company confirmed it is not classified as a 'Large Corporate' under SEBI norms.
The significant revenue decline of 31.6% YoY is a concern, though the company maintained profitability with a clean audit opinion. The exceptional item boosted bottom-line, but underlying operating performance showed pressure with PAT declining 3.6%.