Intimation of revision in Code of Fair Disclosure.
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FGP Limited reported audited financial results for Q4 and FY ended March 31, 2026. Revenue from operations surged to ₹196.70 lakhs from ₹23.08 lakhs in the prior year, a growth of over 750%, largely driven by a new commodity trading segment. The company reported profit after tax of ₹7.28 lakhs compared to a loss of ₹3.28 lakhs in FY2025. Other income also increased to ₹55.94 lakhs from ₹27.62 lakhs. The auditor issued an unmodified (clean) opinion confirming the financial statements give a true and fair view. The Board also approved revisions to the Insider Trading Code, re-appointed Ms. Shweta Ratnakar Musale as Independent Director for a second term, and appointed Mr. Pradeep Shashikant Pathare as an Additional Independent Director.
The company has turned profitable after a loss in FY2025, primarily due to new commodity trading operations. The clean audit opinion removes any concerns about financial reporting quality, and the strong revenue growth signals a potentially transformative shift in the business model.