Outcome Of Board Meeting
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Kovalam Investment & Trading Company reported audited financial results for FY2026. Total income grew to Rs. 251.45 Lakhs from Rs. 198.04 Lakhs in FY2025, representing approximately 27% revenue growth driven by higher interest income and gains on investments. Profit after tax increased to Rs. 185.94 Lakhs from Rs. 164.49 Lakhs in the prior year, a growth of about 13%. Basic and diluted EPS stood at Rs. 6.05 for FY2026. Operating cash flow turned positive at Rs. 809.60 Lakhs compared to a negative outflow of Rs. 94.94 Lakhs in FY2025, showing significant improvement in cash generation. The statutory auditor M/s. YAPL & Co. issued an unmodified (clean) opinion on the financial statements. The Board also re-appointed M/s. Piyush Singla & Associates as Internal Auditors for FY2026-27.
The company showed solid revenue growth and returned to profitability, with operating cash flow turning strongly positive after being negative last year. The clean audit opinion and improved financial metrics are positive signals for shareholders.