Outcome of the Board Meeting held on May 27, 2026
IZMO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IZMO Ltd's Board approved audited Q4 and FY2025-26 financial results. Standalone performance deteriorated sharply with FY26 revenue declining 11% to Rs 4,167 Lakhs and PAT plummeting 99% to just Rs 2.98 Lakhs from Rs 501.28 Lakhs in FY25. Q4 standalone reported a loss of Rs 40.33 Lakhs. However, consolidated results show robust growth with revenue rising 27% to Rs 28,488 Lakhs, driven by 11 foreign subsidiaries. The statutory auditor issued an unmodified opinion but included an Emphasis of Matter noting the company is responding to inquiries from Indian regulatory authorities regarding pending tax disputes - scope and outcome remain uncertain. The Board also appointed Mr. M Venkatesha as Internal Auditor for FY 2026-27.
The stark divergence between standalone losses and consolidated profits masks underlying issues. The 99% drop in standalone PAT and Q4 loss signal operational challenges. The ongoing tax dispute with regulatory authorities adds uncertainty. However, strong consolidated growth and EPS of Rs 31.89 may provide some support for the stock.