We wish to inform you that the Board of Directors at its meeting held on 30th May,2026 , which commenced at 2:00 P.M. and concluded at 2:40 P.M. considered and approved the Audited Financial ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gagan Gases Ltd reported audited financial results for the quarter and year ended 31st March 2026. Revenue from operations grew 6% to Rs 602.62 lakhs from Rs 568.52 lakhs in the previous year. However, profitability declined significantly with profit after tax dropping 48% to Rs 13.97 lakhs from Rs 26.65 lakhs. EBITDA decreased from Rs 44.66 lakhs to Rs 27.28 lakhs, indicating margin compression. The company generated positive cash flow from operations of Rs 5.75 lakhs, down from Rs 26.10 lakhs in the prior year. The auditor issued an unmodified (clean) opinion confirming the financial statements present a true and fair view. The balance sheet shows negative other equity of Rs -106.72 lakhs due to accumulated losses.
The stock may face pressure due to nearly 50% decline in profit and significant drop in operating cash flow. Negative accumulated equity raises concerns about long-term financial health despite positive cash generation.