Grand Foundry Limited has informed the Exchange regarding 'Financials in Machine Readable Form '.
Awaiting price reaction for this filing.
Grand Foundry Limited reported revenue of ₹1,052.56 lakhs for FY2026. The company posted a loss before tax of ₹18.13 lakhs (improved from ₹68.06 lakh loss in FY2025), but achieved a profit after tax of ₹18.13 lakhs largely due to a deferred tax asset of ₹88.74 lakhs. The company has accumulated losses of ₹545.34 lakhs with negative total equity. Statutory auditors ANSK & Associates issued an unmodified (clean) opinion. The company disclosed a change in control where new promoter SAR Televenture Limited is acquiring a 70.17% stake via open offer. Cash used in operating activities was ₹54.91 lakhs (negative operating cashflow).
While PAT turned positive due to deferred tax benefit, the company continues to burn cash with negative operating cashflow and negative equity of ₹545.34 lakhs. The clean audit opinion provides some comfort but significant financial stress remains given accumulated losses and working capital pressures.