Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that at the meeting ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Haria Apparels Ltd reported audited financial results for FY2026 with revenue from operations growing to Rs 969.43 Lakhs from Rs 237.40 Lakhs in FY2025, representing over 300% growth. However, profit after tax declined significantly to Rs 11.49 Lakhs from Rs 83.66 Lakhs in the previous year. The auditors issued an unmodified (clean) opinion confirming the financial statements present a true and fair view. Finance costs increased sharply to Rs 36.87 Lakhs from Rs 16.37 Lakhs, while other expenses rose to Rs 103.75 Lakhs from Rs 93.64 Lakhs, squeezing profitability despite higher revenues. The company has negative reserves of Rs 844.67 Lakhs, indicating accumulated losses.
While the company achieved strong revenue growth, the sharp decline in profitability and negative reserves position raise concerns about cost efficiency and financial health. The clean audit opinion provides some comfort to investors regarding reporting integrity.