outcome for the Board Meeting held on 29th May 2026 for appaoval of audited financial results for quarter and year ended 31st march 2026 commenced at 03:00 PM and concluded at 05:00 PM.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fruition Venture Ltd's Board approved the audited standalone financial results for Q4 and FY2026 ended 31st March 2026. For the full year, total income from operations increased to Rs 162.65 lakh from Rs 113.34 lakh in the previous year. However, total expenses rose significantly to Rs 521.10 lakh from Rs 356.06 lakh. Profit after tax declined to Rs 121.92 lakh from Rs 198.27 lakh in the prior year. The company recorded a substantial tax expense of Rs 136.79 lakh, which includes a MAT credit written off of Rs 103.04 lakh following opting for the new tax regime. Statutory auditors M/s Sunil K Gupta & Associates issued an unmodified opinion on the financial results.
Revenue growth of ~43% was offset by a 38% decline in net profit due to rising expenses and a one-time tax hit from MAT credit write-off, which could concern investors focused on profitability.