BORANABSEBorana Weaves LtdHighNeutral
Announced Thu, 14 May · 18:31 IST

Borana Weaves Limited submitted herewith Financial Results for the quarter and year ended March 31, 2026

Revenue Growth 20pctPat Growth 25pctResults View source PDF

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AI summary

Borana Weaves Limited reported strong financial performance for FY26 ended March 31, 2026. Total income increased to Rs 39,080.79 lakhs from Rs 29,538.30 lakhs in the previous year, representing approximately 32% revenue growth. Profit after tax surged to Rs 6,461.19 lakhs from Rs 4,020.25 lakhs, marking a 61% increase year-on-year. EPS improved significantly to Rs 20.14 per share from Rs 10.14. The auditor KSA & Co issued an unqualified review report with no adverse opinions or emphasis of matter. The company also appointed new internal auditor and re-appointed cost auditor for FY27. IPO proceeds continue to be utilized as reflected in the balance sheet changes.

Likely market impact

The company delivered robust double-digit growth in both revenue and profitability, significantly outperforming typical thresholds. Strong PAT growth of 61% is positive for shareholders and indicates improving operational efficiency. No audit concerns provide additional comfort on financial reporting quality.