This is to inform you that at its meeting held on 30h May 2026, the Board of Directors of the company inter alia considered and approved the following : 1. Audited Financial Results for ....
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The Board of Directors approved the audited financial results for the year ended March 31, 2026. The company reported significant declines in performance: standalone total income fell to Rs 18.32 lakhs from Rs 31.54 lakhs (a 42% decline), while profit before tax dropped to Rs 3.05 lakhs from Rs 16.77 lakhs (an 82% decline). Standalone PAT stood at Rs 1.74 lakhs versus Rs 12.93 lakhs in the previous year. Consolidated total profit for the period was Rs 7.69 lakhs compared to Rs 19.27 lakhs in FY25. Interest income declined from Rs 16.52 lakhs to Rs 9.04 lakhs. The statutory auditor Agarwal Mahesh Kumar & Co. issued an unmodified opinion on the financial results. The company also appointed a scrutinizer for the forthcoming AGM.
The sharp decline in revenue and profitability raises concerns about the company's financial health. The negative operating cash flow of Rs 14.85 lakhs indicates the business is consuming cash despite generating some profit. Shareholders should monitor whether this is a one-time event or a structural decline in business performance.