1.Approved the Audited Financial Statements as per IND - AS (Consolidated & Standalone) along with statement of Assets and Liabilities, Segment Report, Cash flow statement, Auditors Report ....
ASTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Asian Star Company Ltd reported audited financial results for FY26 ended March 31, 2026. Consolidated total income was Rs. 2,90,337 Lakhs (vs Rs. 2,97,627 Lakhs in FY25), showing a revenue decline of approximately 2.4%. Consolidated PAT was Rs. 4,150 Lakhs (vs Rs. 4,319 Lakhs in FY25), down about 3.9% YoY. EBITDA margin compressed slightly from 1.82% to 1.72%. The Board recommended a dividend of Rs. 1.50 per share (15% on Rs. 10 face value). Remuneration for CEO Vipul Shah was reduced from Rs. 1.75 Crs to Rs. 1.00 Crs, and CFO Arvind Shah's remuneration was reduced from Rs. 1.25 Crs to Rs. 1.00 Crs. The auditors issued an Unmodified (clean) opinion on both standalone and consolidated financial statements. The company operates in Diamonds and Jewellery segments.
The company reported a marginal decline in both revenue and profitability for FY26. The reduction in top management remuneration and clean audit opinion indicate stable operations, but the declining PAT may concern investors expecting growth. The dividend payout provides some return to shareholders.