We would like to inform that the Board of Directors at its meeting held on 28th May, 2026, inter alia, considered and approved the following- 1.Audited Standalone and Consolidated Financial ....
BIGBLOC · price
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Bigbloc Construction Ltd's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. On a consolidated basis, revenue grew 26% to Rs 28,341.63 Lakhs (vs Rs 22,463.96 Lakhs in FY25), driven by higher volumes in the Building Materials segment. However, the company turned loss-making with a net loss of Rs 848.50 Lakhs compared to a net profit of Rs 320.40 Lakhs in the prior year. This deterioration is attributed to significantly higher finance costs (Rs 1,508.91 Lakhs), material costs, and other expenses. Capacity utilization was around 78-89% across subsidiaries. The auditors issued an unmodified opinion confirming clean financials. Additionally, the Board appointed M/s. GBN And Co. as Internal Auditors for FY 2026-27. A scheme of amalgamation of Starbigbloc Building Material Ltd into Bigbloc Building Elements Pvt Ltd was also sanctioned in April 2026, resulting in dilution of holding from 100% to 92.63%.
Despite strong 26% revenue growth, the company posted a consolidated loss for FY26, signaling margin compression and high debt costs. Shareholders should monitor the company's debt levels and profitability improvement plans in the coming quarters.