Board Meeting outcome for Meeting held on 12.05.2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Everlon Financials Ltd reported a significant turnaround from profit to loss in FY2026. The company posted a net loss of ₹665.67 lakhs for the year ended March 2026, compared to a net profit of ₹118.87 lakhs in FY2025. Total income increased to ₹1,647.67 lakhs (up from ₹1,311.42 lakhs), representing approximately 25.7% revenue growth. Loss before tax stood at ₹652.78 lakhs versus a profit of ₹418.86 lakhs in the previous year. The auditors from B.L. Dasharda & Associates issued an unmodified opinion, confirming clean financials. The board also approved re-appointment of M/s. R. Thakkar and Co. as internal auditor for FY2026-27.
The shift from profit to loss despite revenue growth signals operational or investment challenges. Shareholders should monitor the company's path back to profitability given the substantial equity erosion (reserves fell from ₹2,504.55 lakhs to ₹1,120.26 lakhs).