Outcome of board meeting held on Saturday, 30th May 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board approved audited standalone financial results for Q4 and full year ended March 31, 2026. Revenue dropped sharply by 95.5% to Rs 6.93 Lakhs from Rs 155.48 Lakhs in the previous year. However, the company posted a profit after tax (PAT) of Rs 89.41 Lakhs compared to a loss of Rs 219.77 Lakhs in FY25, helped by other income of Rs 155.48 Lakhs and reduced total expenses. Auditors issued an unmodified (clean) audit opinion with no qualifications. The balance sheet shows Other Equity at negative Rs 571.42 Lakhs, indicating accumulated losses. The board also appointed an internal auditor for FY 2026-27. Related party transactions were disclosed involving director remuneration and loans.
While the company achieved a turnaround to profitability, the 95.5% revenue decline and negative equity position are significant concerns for investors. The clean audit opinion provides some assurance on financial reporting integrity.