Outcome of Board Meeting for approval of Financial Statements and Audit Report and approval of statement of deviation report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DSM Fresh Foods Ltd (ZAPPFRESH) held its First Board Meeting on May 27, 2026, where the Board approved the Audited Standalone and Consolidated Financial Statements for FY 2025-26 (year ended March 31, 2026). The company reported strong revenue growth of 69% year-over-year, with Revenue from Operations at Rs.22,081.81 Lakhs compared to Rs.13,073.38 Lakhs in the previous year. Profit After Tax grew by 59% to Rs.1,436.78 Lakhs from Rs.902.76 Lakhs. The company completed its IPO during the year, raising Rs.59.06 Crores (Rs.5,906.40 Lakhs), with Rs.4,047.65 Lakhs utilized as of March 31, 2026, leaving Rs.1,858.75 Lakhs unutilized. The Auditor issued a clean unqualified opinion with no going concern doubts. Key audit matters included IPO proceeds utilization. The company has TDS defaults outstanding for more than six months.
Strong financial performance with 69% revenue growth and 59% PAT growth indicates healthy business expansion. The clean audit opinion and no going concern issues are positive for investors. However, the negative operating cash flow of Rs.4,780.46 Lakhs and TDS compliance issues warrant attention.