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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Evans Electric Ltd reported a significant decline in financial performance for FY 2025-26. Net sales dropped to Rs 1163.68 lakh from Rs 2539.19 lakh in the previous year, representing approximately 54% revenue decline. The company reported an operating loss of Rs 70.32 lakh compared to an operating profit of Rs 899.76 lakh in FY 2024-25. Profit after tax turned negative at Rs 43.06 lakh versus a PAT of Rs 757.47 lakh in the previous year. Basic EPS came in at Rs -0.78 per share. The auditor's report is unmodified with no qualifications. The company also appointed Ms. Jeeane D'esouza as an Additional Director.
The company has experienced a severe contraction in revenues and has turned loss-making, which is a significant deterioration from the previous year's strong performance. The negative PAT and operating loss are concerning for shareholders, though positive operating cash flow of Rs 421.49 lakh indicates some operational resilience.