Announced Sat, 30 May · 18:15 IST

In the meeting of the Board of Directors held on 30.05.2026, the Board approved the (i) financial statements of the Company as at/ for the year ended 31.03.2026, on standalone and consolidated ....

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AI summary

The Board approved standalone and consolidated financial results for FY 2025-26 (year ended March 31, 2026). Standalone revenue grew 136% to Rs 59.67 lakhs from Rs 25.30 lakhs, while consolidated revenue rose 82% to Rs 135.28 lakhs from Rs 74.42 lakhs. However, the company reported a net loss of Rs 81.26 lakhs on standalone basis and Rs 129.52 lakhs on consolidated basis, primarily due to a deferred tax charge of Rs 90.76 lakhs following reduction in income tax rates. Consolidated results include an exceptional item of Rs 47.28 lakhs (accumulated depreciation on fixed assets sold by subsidiary Green Infra Profiles). Other comprehensive income of Rs 96.24 lakhs helped deliver a total comprehensive income of Rs 14.98 lakhs on standalone. The auditors issued unmodified opinions on the financial statements.

Likely market impact

Despite strong revenue growth, the company reported significant net losses due to deferred tax charges. The large OCI from fair value adjustments partially offset the loss, but shareholders should monitor cash generation and the company's transition to insolvency advisory services, which remains under evaluation.