Outcome of Board Meeting held on Saturday, 30th May, 2026, inter alia, consider and approve the Audited Financial Results of the Company for the quarter and year ended on 31st March, 2026, ....
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Conart Engineers Ltd reported audited financial results for Q4 and full year ended March 31, 2026. Total income for FY26 stood at Rs 6,405.82 lakhs vs Rs 5,703.91 lakhs in FY25, representing approximately 10% revenue growth. Profit After Tax (PAT) grew significantly to Rs 372.67 lakhs from Rs 267.83 lakhs in the previous year, marking a 39% increase. EPS for FY26 is Rs 5.93 per share compared to Rs 4.26 in FY25. The company operates in the construction segment only. Statutory auditors Govind Prasad & Co issued an unmodified (clean) audit opinion with no qualifications. The board meeting was held on May 30, 2026 and lasted from 3:30 PM to 5:00 PM.
Strong profit growth with PAT up 39% YoY is positive for shareholders. However, the company reported negative operating cash flow of Rs 145.97 lakhs for FY26, a significant deterioration from Rs 491.40 lakhs positive in FY25, which may raise concerns about cash conversion quality despite good profits.