Borana Weaves Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Borana Weaves Limited reported strong full-year results for FY2026 ending March 31. Total income grew to Rs. 39,080.79 lakh from Rs. 29,543.80 lakh in the prior year, representing approximately 32% revenue growth. Profit for the year (continuing operations) stood at Rs. 6,461.19 lakh, up significantly from Rs. 4,020.25 lakh — a PAT growth of roughly 61%. The company also appointed Vora Vora & Associates as internal auditor and re-appointed Vaghela Kishor & Co as cost auditor for FY2026-27. KSA & Co. issued an unqualified audit opinion with no qualifications. Total assets grew to Rs. 36,636.86 lakh vs Rs. 15,594.54 lakh year-over-year, largely driven by IPO proceeds. Operating cash flow was positive at Rs. 3,696.46 lakh.
The company delivered robust double-digit revenue and profit growth, which is positive for shareholders. However, significant asset growth from IPO proceeds warrants monitoring of return-on-capital efficiency going forward.