Audited Financial Results for the Financial Year ended 31st March, 2026 along with Auditors report thereon.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gujarat Craft Industries reported a 9.3% decline in revenue from operations to ₹18,405.68 lakh for FY2026, down from ₹20,288.62 lakh in FY2025. Profit after tax fell sharply by about 64% to ₹96.98 lakh from ₹268.62 lakh, largely due to a ₹52.24 lakh exceptional charge from new labour code changes and lower total income. The company proposed a final dividend of ₹0.50 per share (5% on face value of ₹10). Operating cash flow remained positive at ₹768.08 lakh, though the company increased its capex significantly to ₹1,305.14 lakh. The statutory auditor gave an unmodified (clean) opinion, and a new secretarial auditor was appointed to fill a casual vacancy.
The sharp fall in net profit despite stable operations signals declining profitability and may concern investors; however, the clean audit opinion and positive cash flow provide some comfort about the company's financial health.