Audited financial results for the year ended 31st March 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Athena Global Technologies reported significantly worsened financial performance for FY26. Standalone revenue declined 34% to Rs. 805.94 lakhs from Rs. 1,217.80 lakhs. The company posted a standalone loss after tax of Rs. 3,969.50 lakhs, nearly triple the prior year loss of Rs. 1,411.98 lakhs. Exceptional items included a Rs. 2,339.75 lakh gain from derecognition of investment property and a Rs. 3,235.60 lakh loss from sale of subsidiary Medley Medical Solutions. Consolidated loss after tax was Rs. 4,567.62 lakhs. The company raised significant long-term borrowings (from Rs. 3,705.28 lakhs to Rs. 11,130.71 lakhs) and is investing up to Rs. 50 crores in OCDs of related entities. Auditors issued an unmodified opinion.
The stock may face significant pressure due to nearly tripled losses, steep revenue decline, and increased debt levels. While auditors gave clean opinions, the substantial operating cash outflows and related party transactions with the newly acquired step-down subsidiary warrant caution.