Outcome of Board Meeting dated 28 May, 2026
RETAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited financial results for Q4 and FY ended March 2026. Standalone revenue from operations was ₹1,618.50 L (vs ₹1,614.14 L in FY25), showing marginal growth. However, the company reported a standalone net loss of ₹21.03 L for FY26 compared to net profit of ₹11.75 L in FY25. Consolidated total income declined to ₹2,211.36 L from ₹2,297.97 L, with consolidated net loss of ₹38.55 L. Statutory auditors issued unmodified opinions on both standalone and consolidated results. An Emphasis of Matter was raised regarding New Labour Code implications, disclosed as contingent liability, but this did not modify the audit opinion. Operating cash flow was positive at ₹501.04 L for the year.
The company slipped into losses in FY26 despite stable revenues, indicating margin compression. However, clean audit opinion and positive operating cash flow provide some comfort to shareholders. The New Labour Code contingent liability requires monitoring.