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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Flomic Global Logistics Ltd's Board approved audited FY2026 results showing revenue declined to Rs 43,172.65 Lakhs from Rs 50,014.56 Lakhs in FY2025 (13.7% decrease). Profit after tax fell sharply to Rs 31.01 Lakhs from Rs 369.55 Lakhs in the prior year, a decline of approximately 92%. The auditor Doogar & Associates issued an unmodified (clean) opinion. The company also appointed M/s S.N & Co as internal auditor for FY2026-27 and reconstituted the Nomination and Remuneration Committee. Cash flow from operations remained positive at Rs 5,591.45 Lakhs despite lower profitability.
Significant profit decline of 92% despite positive operating cash flow suggests operational challenges. The clean audit opinion provides some reassurance on financial reporting integrity. Investors should monitor if the revenue and profit decline reverses in coming quarters.