Dear Sir, We are enclosing herewith a copy of the outcome of the meeting.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aveer Foods Ltd reported audited results for the year ended 31 March 2026. Revenue from operations grew 32% year-on-year to Rs. 14,324.60 lakhs from Rs. 10,851.89 lakhs, driven by higher sales. However, profit after tax declined 9.5% to Rs. 356.28 lakhs from Rs. 393.91 lakhs, as costs rose faster than revenue. Basic EPS fell to Rs. 8.74 from Rs. 9.78. The Board recommended a dividend of Rs. 0.25 per share subject to shareholder approval at the AGM. Total assets grew significantly to Rs. 6,929.73 lakhs from Rs. 4,488.48 lakhs, partly due to a Rs. 2,487.34 lakh business acquisition. An exceptional item of Rs. 10.10 lakh was recorded due to new labour code changes. The statutory auditor issued an unmodified (clean) opinion.
Strong revenue growth of 32% is positive but a 9.5% PAT decline despite higher sales signals margin pressure. The clean audit and cash inflow from operations of Rs. 261.71 lakh provide comfort. Shareholders can expect a small dividend if approved at AGM.