Outcome of Board Meeting of the Company held on Wednesday, May 27, 2026.
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Cospower Engineering Ltd held its Board Meeting on May 27, 2026, where it approved the audited financial results for the half year and year ended March 31, 2026. The company reported revenue from operations of Rs. 10,71,733 Lakhs for FY2026, a significant jump from Rs. 2,77,013 Lakhs in the previous year. Profit after tax stood at Rs. 1,757 Lakhs compared to Rs. 1,538 Lakhs last year. The Board recommended a final dividend of Rs. 1.00 per equity share (10%) for FY 2025-26, subject to shareholder approval. The company also appointed M/s. Ronak Sejpal & Associates as Internal Auditor for FY 2026-27. The statutory auditors issued an unmodified opinion on the financial statements. The cash flow statement shows negative operating cash flow of Rs. 1,530.34 Lakhs, a reversal from Rs. 152.83 Lakhs positive in the prior year.
Strong revenue growth of 287% year-over-year demonstrates operational scaling, though PAT growth of 14% is modest and negative operating cash flow raises concerns about cash conversion. The dividend and clean audit are positive signals for shareholders.