Submission of outcome of Board Meeting held on even date to consider and approve the audited financial results for the quarter and year ended 31st March, 2026
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COSYN Ltd reported audited standalone and consolidated financial results for FY26. Revenue from operations declined to Rs 1,087.86 lakhs from Rs 1,480.55 lakhs in FY25, representing a 26.5% revenue decline. Standalone PAT fell to Rs 17.89 lakhs from Rs 41.28 lakhs (down 57%), while consolidated PAT dropped to Rs 15.94 lakhs from Rs 25.27 lakhs (down 37%). EPS for the year stands at Rs 0.21 compared to Rs 0.90 in the previous year. The statutory auditors issued an unmodified opinion, and the company re-appointed M/s. Vittal & Co as internal auditors for FY26-27. Ms. Madhuri Muddana was appointed as Additional Independent Director for 3 years.
The sharp revenue decline of over 26% and more than 50% fall in profits is a significant negative development for shareholders. Despite clean audit opinions, the deteriorating financial performance may pressure the stock price near term.