Outcome of Board Meeting dated 26th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Coastal Roadways Limited reported audited financial results for Q4 and FY ended March 2026. Revenue from operations grew 18.5% to Rs. 4,148 lakhs from Rs. 3,501 lakhs in FY25. Net profit more than doubled to Rs. 874 lakhs from Rs. 415 lakhs, a growth of 110.6%. EPS for FY26 stands at Rs. 3.81 per share. However, Q4 performance was weak with net profit of only Rs. 12 lakhs and operating loss of Rs. 31 lakhs before tax. The auditor issued an unmodified opinion. The Board also approved re-appointment of Mr. Kanhaiya Kumar Todi as CMD and Mr. Sushil Kumar Todi as Whole-time Director, and appointment of Mr. Udit Todi as Whole-time Director. Exceptional items of Rs. 19 lakhs represent gains from sale of immovable properties.
Strong full-year profit growth is positive, but weak Q4 performance and negative operating cash flow of Rs. 44 lakhs are concerning. Shareholders should monitor the company's cash generation ability going forward.