Navkar Corporation Limited has informed the Exchange regarding 'Outcome of Board Meeting of Navkar Corporation Limited ( the Company ) held today i.e. April 20, 2026'.
NAVKARCORP · price
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Navkar Corporation reported strong turnaround with FY2026 profit of Rs 3,014.56 lakhs compared to loss of Rs 4,530.20 lakhs in FY2025. Total income grew 42% to Rs 69,058.15 lakhs from Rs 48,976.03 lakhs. Q4 FY2026 showed revenue of Rs 20,267.02 lakhs with PAT of Rs 1,398.15 lakhs. Basic EPS improved from negative Rs 3.01 to Rs 2.00 for the year. Statutory auditors gave an unmodified (clean) audit opinion. The Board also approved appointment of Ms. Parul Shah as Internal Auditor for FY 2026-27, notice for 18th AGM, and Mr. Jesus Leo ceased as Senior Management Personnel due to organizational restructuring. Total assets increased to Rs 221,037.84 lakhs and equity to Rs 195,795.50 lakhs.
The company swung from significant losses to profitability with 42% revenue growth and clean audit, indicating operational recovery. Shareholders may view this positively given the turnaround. However, borrowings increased to Rs 133.48 crores outstanding.