1. Approved the audited financial result (Standalone and Consolidated) for the quarter & year ended 31.03.2026, pursuant tp Regulation 33 of SEBI (LODR), Regulations, 2015. 2. Approved ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Emerald Leisures Ltd reported FY26 standalone revenue of Rs 1,651.91 lakhs, up 10.1% from Rs 1,500.34 lakhs in FY25. The company continues to incur losses with net loss of Rs 856.03 lakhs for FY26, significantly reduced from loss of Rs 1,079.84 lakhs in FY25. Finance costs of Rs 1,414.57 lakhs remain very high compared to operating revenue. The statutory auditors from PGB Bhagwat LLP issued an unmodified opinion on both standalone and consolidated results. The auditors included an Emphasis of Matter paragraph highlighting the company's going concern assessment due to historical financial performance, though they confirmed no material uncertainty exists. Deferred tax assets remain unrecognized due to accumulated losses.
While the 21% reduction in net loss is positive, the company remains deeply unprofitable with negative equity of Rs 8,409.30 lakhs. The auditors' emphasis on going concern assessment raises questions about long-term viability despite the unmodified audit opinion. Investors should monitor if operational profitability improves to cover heavy finance costs.