Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Desco Infratech Ltd's Board approved audited financial results for FY ended March 31, 2026. Standalone revenue doubled to Rs 11,861.26 Lakhs from Rs 5,944.71 Lakhs in the previous year. Net profit grew 81% to Rs 1,638.12 Lakhs from Rs 905.71 Lakhs. EPS improved to Rs 21.34 from Rs 16.05. The statutory auditor issued an unmodified (clean) opinion confirming true and fair view of financials. The company operates in city gas distribution, power distribution, and compressed biogas segments. Cash flow from operations remained negative at Rs -1,795.97 Lakhs due to increase in trade receivables and other current assets.
Strong revenue and profit growth signals healthy business expansion. The clean audit opinion removes concerns about financial reporting quality. However, negative operating cash flow indicates working capital pressure despite good profitability.