Coral India Finance & Housing Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
CORALFINAC · price
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Coral India Finance & Housing Limited has reported audited standalone financial results for Q4 and full year FY26 ended March 31, 2026. Total income declined to ₹2,048.42 lakhs from ₹2,597.06 lakhs in the previous year, representing a revenue decline of approximately 21%. Revenue from operations fell to ₹1,539.64 lakhs from ₹2,115.92 lakhs, while profit before tax decreased to ₹1,723.35 lakhs from ₹2,118.63 lakhs. Basic EPS dropped significantly to ₹1.67 per share from ₹4.31 per share in the prior year. The statutory auditor M/s Hasmukh Shah & Co. LLP has issued an Unmodified Opinion on the financial statements. The Board has recommended a final dividend of ₹0.20 per equity share (10% on face value of ₹2). The company also appointed M/s R. J. Mehta & Associates as its new Internal Auditor for FY27.
The significant decline in revenue and profit for FY26, coupled with a 61% drop in EPS, indicates material deterioration in financial performance. However, the clean audit opinion and dividend recommendation provide some stability signals for shareholders.