Intimation of Annual General Meeting of the Company to be held on 25th June, 2026.
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Awaiting price reaction for this filing.
Classic Electricals Ltd reported audited financial results for FY ended March 2026. Revenue from operations grew modestly from Rs 97.94 lakhs to Rs 100.25 lakhs year-on-year. The company returned to profitability with EPS of Rs 0.54 for FY26 compared to a loss of Rs 1.00 per share in the previous year. However, the Q4FY26 quarter showed a loss of Rs 0.20 per share. The auditor issued a clean (unmodified) opinion on the financial statements. The board did not recommend any dividend for FY26. Borrowings increased from Rs 104.44 lakhs to Rs 131.18 lakhs. The AGM is scheduled for 25th June 2026.
Return to annual profitability is positive, though weak Q4 performance and no dividend may limit upside. Rising debt levels warrant monitoring. Clean audit provides confidence in financials.