The board of directors in their meeting held today has appointed Mrs. Nisha. S as internal auditor of the company from FY 2026-27 till 2029-30
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Garment Mantra Lifestyle Ltd has released its audited financial results for Q4 and full year ended March 31, 2026. Standalone revenue grew 29.5% to Rs 10,536.01 lakhs, while consolidated revenue surged 97.9% to Rs 26,202.36 lakhs compared to FY25. Standalone PAT increased 95.4% to Rs 312.43 lakhs and consolidated PAT rose 56.1% to Rs 447.49 lakhs. The company completed a rights issue during the year, more than doubling share capital from Rs 200.68 crore to Rs 513.84 crore. The board appointed Mrs. Nisha S as internal auditor from FY 2026-27 till 2029-30. Statutory auditors issued unmodified opinions on both standalone and consolidated financials. However, operating cash flow turned significantly negative at Rs -3,290.59 lakhs versus positive Rs 1,003.96 lakhs in FY25, primarily due to a Rs 865.35 lakh increase in trade receivables and Rs 2,061.51 lakh increase in long-term loans.
Strong revenue and PAT growth is positive for shareholders, but the negative operating cash flow raises concerns about cash conversion and working capital management, which could limit near-term upside despite the growth headline.