This is further to our letter dated April 24, 2026 regarding the meeting of the Board of Directors of the Company scheduled on Friday, May 8, 2026 we hereby inform you that the Board of ....
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The Board of Directors approved the audited standalone financial results for Q4 and FY ended March 31, 2026. Total income declined to Rs. 358.65 lakhs from Rs. 370.53 lakhs in the previous year, representing a 3.2% revenue decline. Profit After Tax (PAT) fell to Rs. 19.84 lakhs from Rs. 22.09 lakhs, a decline of approximately 10%. The company reported a loss in Q4 (PAT: -Rs. 6.20 lakhs) despite being profitable for the full year. No dividend was recommended for FY26. The statutory auditor issued an unmodified (clean) opinion on the financial results. Operating cash flow turned significantly negative at -Rs. 214.35 lakhs, while cash and cash equivalents dropped sharply from Rs. 139.72 lakhs to Rs. 18.46 lakhs during the year.
The company showed deterioration in both revenue and profitability year-on-year, with a steep decline in cash position. The sharp negative operating cash flow is a major concern for shareholders as it indicates cash burn despite reported profits. The Q4 loss adds to investor concerns.