Board Meeting Outcome for approving the Audited financial results for the Quarter and Year ended 31st March 2026
Awaiting price reaction for this filing.
India Radiators Limited reported audited financial results for Q4 and FY 2025-26. The company continues to incur significant losses with a net loss of Rs. 147.58 lakhs for FY 2025-26, nearly doubling from Rs. 84.92 lakhs in the previous year. Total income remained nearly flat at Rs. 6.59 lakhs. The balance sheet shows concerning negative Other Equity of Rs. -274.60 lakhs, indicating accumulated losses exceed reserves. Operating cash flow turned marginally positive at Rs. 1.04 lakhs from negative Rs. 0.83 lakhs previously. The statutory auditor DPV & Associates issued an unmodified (clean) opinion on the financial results.
The near-doubling of losses and negative equity position of Rs. 274.60 lakhs are serious red flags for shareholders. While the auditor issued a clean opinion, the company's financial health remains weak with minimal revenue and heavy losses.