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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 performance for FY 2025-26 with net loss of Rs 43.06 lakh compared to net profit of Rs 757.47 lakh in FY 2024-25. Total income fell sharply to Rs 1,168.33 lakh from Rs 2,547.88 lakh in the previous year. EPS turned negative at Rs -0.78 per share versus Rs 21.90 in FY25. The Board approved the audited standalone financial results and appointed Ms. Jeeane D'esouza as Additional Director. The company's cash position improved significantly with cash and bank balances rising to Rs 644.87 lakh from Rs 47.56 lakh. The auditor's report noted discrepancies between quarterly bank submissions and audited books for trade receivables.
The sharp turnaround from profit to loss and steep revenue decline signals operational challenges. The appointment of an additional director and improved cash reserves provide some stability. Shareholders should watch for Q1 FY27 performance to assess if the decline was one-time or structural.