Outcome of Board Meeting held on 29-May-2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board approved audited annual financial results for FY ended March 2026. Total income declined sharply to Rs 29.68 Lacs from Rs 47.21 Lacs in the previous year, a drop of about 37%. The company swung from a net profit of Rs 173.96 Lacs in FY25 to a net loss of Rs 27.17 Lacs in FY26. EPS turned negative at Rs -1.81 per share compared to Rs 11.60 in the prior year. The statutory auditor issued an Unmodified (clean) Audit Report confirming true and fair view of the financials. The company also re-appointed M/s P.C. Shah & Co. as Secretarial Auditors.
The sharp reversal from profit to loss and declining revenues signal deteriorating business performance. However, the clean audit opinion means no material concerns were raised by auditors about the financial statements.