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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fervent Synergies Ltd reported FY2026 revenue of Rs. 1,634.76 Lakhs, a significant decline from Rs. 3,245.85 Lakhs in FY2025—representing approximately a 50% drop in topline. Despite the revenue decline, the company improved profitability with net profit rising 29.3% to Rs. 382.00 Lakhs from Rs. 295.36 Lakhs in the prior year. EPS improved from Rs. 0.68 to Rs. 0.76. The Foods Business Division (trading in almonds) saw revenue fall to Rs. 1,353.96 Lakhs from Rs. 3,065.35 Lakhs, while the Finance Business Division grew revenue to Rs. 280.80 Lakhs from Rs. 180.50 Lakhs. Statutory auditors issued an Unmodified (clean) Opinion on the annual financial results. The Board also re-appointed Mr. Jayesh Doshi as Internal Auditor for FY2026-27.
The sharp revenue decline is a major concern for shareholders despite improved profitability margins. The company's shift toward finance operations and cost controls helped maintain earnings, but the drastic drop in core food business revenue warrants monitoring. The clean audit provides assurance on financial reporting quality.