We are pleased to inform you that the Board of Directors of the company at their meeting held today have inter alia approved the following items of business: 1. Audited Standalone Financial ....
CORALFINAC · price
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Coral India Finance & Housing Ltd reported audited standalone financial results for FY2025-26 (year ended March 31, 2026). Total income declined to ₹2,048.42 Lakhs from ₹2,597.06 Lakhs in the previous year, a drop of about 21%. Profit for the year fell to ₹1,178.62 Lakhs from ₹1,719.01 Lakhs in FY2024-25, representing a decline of approximately 31%. EPS decreased from ₹4.34 to ₹3.67 per share. The Board recommended a final dividend of 10% (₹0.20 per share) subject to shareholder approval at the AGM. The statutory auditors issued an Unmodified (clean) opinion on the financial statements. The company also appointed M/s R. J. Mehta & Associates as internal auditor for FY2026-27, replacing the prior firm. Operating cash flow for the year was positive at ₹1,648 Lakhs.
The significant revenue and profit decline may concern investors, though the clean audit opinion and positive operating cash flow provide some comfort. The modest dividend payout signals continued shareholder returns despite lower profitability.