Outcome of the Board Meeting held today i.e. 19th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Franklin Industries Limited reported a net loss of Rs. 1,105.57 Lacs for Q4 FY26 and Rs. 1,857.44 Lacs for the full year ended March 2026, both from continuing operations. The company posted quarterly net sales of Rs. 636.55 Lacs, a significant jump from Rs. 51.60 Lacs in the same quarter last year. Total expenses for Q4 stood at Rs. 5,727.16 Lacs, driven largely by raw material costs of Rs. 3,727.16 Lacs and a sharp inventory reduction of Rs. 5,389.95 Lacs. The statutory auditors SSRV & Associates issued an Unmodified Opinion, confirming the financial statements present a true and fair view. On a positive note, the company recorded a profit of Rs. 7,712.00 Lacs from discontinued operations during the year, resulting in total comprehensive income of Rs. 1,117.28 Lacs. Share capital increased to Rs. 7,712.00 Lacs following a 9.20 crore share issuance at par value.
The company remains loss-making from core operations, but gains from discontinued operations and the large equity raise provide some financial cushion. The clean audit opinion is a positive signal for compliance-conscious investors.