Outcome of Board Meeting held on 14th May, 2026
CROWN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crown Lifters Limited reported FY26 total income of Rs 4,251.26 lakhs, up 15% from Rs 3,696.07 lakhs in FY25. However, net profit declined significantly to Rs 887.10 lakhs from Rs 1,898.01 lakhs in FY25 (53% drop). The auditors issued an unmodified clean opinion confirming true and fair view of financials. The board approved related party transactions under Section 188 of Companies Act and reappointed M/s. Mehul N Mehta & Associates as internal auditor for FY26-27. Total assets grew to Rs 21,457.99 lakhs from Rs 17,921.66 lakhs. The Q4 standalone profit was Rs 221.54 lakhs on income of Rs 1,218.56 lakhs.
Despite revenue growth, the 53% profit decline year-over-year is concerning. Shareholders should note the significant drop in EPS from Rs 16.91 to Rs 7.72. The clean audit opinion provides some comfort on financial reporting integrity.