Pl find enclosed attached financial results for quarter & year ended 31st March 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Envair Electrodyne Ltd reported audited financial results for the quarter and year ended 31st March 2026. Net profit before tax declined to Rs 11.57 lakhs from Rs 17.16 lakhs in the previous year, representing a year-on-year decrease. The company also received approval to sell its 19.33% stake in Alliance Asia-Pac Pte Ltd, a Singapore-based holding company that owns a soap manufacturing plant in Indonesia. This sale is classified as a related party transaction with promoters and will be conducted via postal ballot for shareholder approval. The company appointed M/s D Kaur and Associates as internal auditor for FY 2026-27. The auditors issued an unqualified opinion confirming the financial results present a true and fair view.
The decline in profit and negative operating cash flow of Rs 31.01 lakhs may concern investors, though the planned divestment of the foreign subsidiary could streamline operations and provide cash injection.