Outcome of Board Meeting- Audited Financial Results for the Quarter and Financial Year ended 31st March 2026.
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Century Extrusions Limited reported FY26 revenue of Rs. 47,856 Lacs, up 11% from Rs. 43,125 Lacs in FY25. Net profit grew 10.4% to Rs. 1,097 Lacs from Rs. 994 Lacs. The company recorded an exceptional item of Rs. 79 Lacs due to new labour code provisions and wrote off Rs. 1,111 Lacs subsidy receivable from the West Bengal government after withdrawal of their IPA scheme. The auditors issued an unmodified (clean) opinion. Key governance changes include appointing M/s S.P. Sarda & Co. as internal auditor and re-appointing two independent directors. Cash position weakened significantly with cash equivalents dropping to Rs. 28 Lacs from Rs. 1,006 Lacs.
Revenue growth of 11% shows steady operational performance, but the sharp decline in cash reserves and rise in short-term borrowings to Rs. 6,193 Lacs may raise concerns about liquidity management. The subsidy write-off is a one-time hit to reserves but does not impact ongoing operations.