Annual Report FY25-26 - Carnation Restructures into Beverages
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Carnation Industries filed FY25-26 Annual Report. Company emerged from IBC insolvency, got new promoter and entered beverages business. Revenue from operations at Rs 170 lakh vs nil earlier. Total revenue Rs 196.72 lakh vs Rs 233.84 lakh. PAT swung to loss of Rs 13.18 lakh from profit of Rs 142.44 lakh. No dividend. Authorized capital raised to Rs 35 crore. AGM on Aug 26, 2026. RPT approval sought up to Rs 150 crore.
Restructured out of insolvency into beverages but posted a loss. Rs 150 crore RPTs need shareholder approval. Watch execution of new business.