Announced Sat, 30 May · 21:50 IST

Outcome of Board Meeting held today on 30th May 2025

Results RestatedPat NegativeResults View source PDF

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AI summary

The board approved audited financial results for the quarter and year ended March 31, 2026. Full-year PAT declined to Rs 420.69 Lacs from Rs 689.31 Lacs in the prior year (~39% decline). Q4 FY26 PAT stood at Rs 285.65 Lacs, up from Rs 181.01 Lacs in Q4 FY25. Total income includes a Rs 464.74 Lacs mark-to-market profit on investments, which significantly boosted results. Revenue from operations was Rs 47.11 Lacs for Q4. The auditor issued an unmodified opinion. The board also reappointed B.B. Mathur & Co. as internal auditor and reconstituted various board committees. Comparative figures have been restated due to retrospective adjustments/reclassifications under Ind AS.

Likely market impact

PAT decline of ~39% year-on-year is a concern despite Q4 showing sequential improvement. The reliance on investment mark-to-market gains (Rs 464.74 Lacs) for boosting profits raises sustainability questions. Cash reserves remain healthy at Rs 436.14 Lacs.