Audited Financial Results for the quarter and year ended on 31st March, 2026
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National General Industries Ltd reported a net loss of Rs. 47.93 lakhs for FY2026, compared to a net profit of Rs. 94.29 lakhs in FY2025. Total income declined to Rs. 1095.44 lakhs from Rs. 1198.22 lakhs in the previous year. Revenue from steel operations fell to Rs. 895.30 lakhs from Rs. 1034.72 lakhs. The company reported negative operating cash flow of Rs. 130.85 lakhs, a significant deterioration from Rs. 28.47 lakhs negative in the prior year. The statutory auditor R.K. Govil & Co. issued an unmodified (clean) opinion on the financial results, with no going concern issues raised.
The company swung from profit to loss with declining revenues and negative cash flows, which is concerning for shareholders. However, the clean audit opinion and no going concern flag provide some comfort about the company's ability to continue operations.