This is to inform you that the Board of Directors at their meeting held today, May 25, 2026, approved the following items inter alia: 1. The Standalone and Consolidated Audited Financial ....
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The Board of Directors approved the standalone and consolidated audited financial results for Q4 and year ended March 31, 2026. On a standalone basis, revenue from operations grew 9% to Rs 1,130.43 Lacs from Rs 1,037.18 Lacs, but net profit declined 16.5% to Rs 224.05 Lacs from Rs 268.12 Lacs. On a consolidated basis (including subsidiary Walchand Advanced Composites Private Limited), revenue grew 19.8% to Rs 1,242.42 Lacs from Rs 1,037.18 Lacs, with net profit improving significantly from a loss of Rs 308.82 Lacs in FY25 to a profit of Rs 244.40 Lacs in FY26. The auditors M/s L M R A and Associates issued an Un-Modified opinion, confirming clean audit. The Board also recommended a final dividend of Rs 5 per equity share (50% on face value of Rs 10), involving a cash outflow of Rs 20 Lacs, subject to shareholder approval.
Revenue growth of nearly 20% on consolidated basis is positive, though standalone profit declined. Clean audit opinion and dividend recommendation provide investor comfort. The hospitality segment showed losses in Q4 but automobile segment drove overall profitability.