The outcome of the Board Meeting held on 29th May, 2026 is enclosed.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ashapuri Gold Ornament Limited's Board approved the annual audited standalone financial results for FY 2025-26. The company reported revenue from operations of ₹31,720.85 Lakhs, essentially flat compared to ₹31,629.97 Lakhs in the previous year. However, net profit after tax surged 54% to ₹1,856.40 Lakhs from ₹1,203.64 Lakhs, driven by improved cost efficiency. Finance costs dropped dramatically from ₹34.79 Lakhs to ₹1.86 Lakhs, and borrowings were fully repaid (nil current borrowings vs ₹53.39 Lakhs previously). The company appointed M/s. Bharat H. Shah & Co. as internal auditors for FY 2026-27. The statutory auditor M/s. Shivam Soni & Co. issued an un-modified (unqualified) opinion on the financial results. Cash and cash equivalents improved significantly to ₹739.20 Lakhs from ₹47.40 Lakhs.
Strong profitability growth with PAT up 54% year-on-year indicates operational efficiency gains. Near-zero debt and improved cash position strengthen the balance sheet. Flat revenue suggests the gold jewellery business maintained its scale despite market conditions. The unqualified audit opinion provides confidence in financial reporting quality.