Gorani Industries Limited hereby submits outcome of the Board Meeting held on 29th May, 2026.
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Gorani Industries Limited's Board meeting on May 29, 2026 approved the audited standalone financial results for Q4 and the year ended March 31, 2026. Profit Before Tax declined to Rs. 94.47 Lakhs from Rs. 119.40 Lakhs in the previous year (approximately 21% decline). Operating cash flow turned negative at Rs. -89.35 Lakhs compared to Rs. 27.52 Lakhs in the prior year, indicating significant working capital stress. Trade receivables increased by Rs. 668.70 Lakhs while inventories decreased by Rs. 349.20 Lakhs. The company's statutory auditor Sandeep Surendra Jain & Co. issued an Unmodified Opinion (clean audit report). The company operates in a single segment: Kitchen Ware.
The stock may face pressure due to declining profitability and negative operating cash flow, though the clean audit opinion provides some comfort to investors regarding financial reporting integrity.