Dear Sir, With reference to the above subject matter, we would like to inform you that the Board of Directors at their meeting held on Saturday, 30th May 2026, inter alia, has transacted ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Neeraj Paper Marketing Ltd reported audited financial results for the quarter and year ended 31 March 2026. Total revenue declined to Rs. 16,749.32 Lakhs from Rs. 19,690.49 Lakhs in the previous year, representing a revenue decline of approximately 15%. However, net profit after tax improved significantly to Rs. 51.45 Lakhs from Rs. 24.66 Lakhs in the prior year, more than doubling PAT. The company declared an unmodified (clean) audit opinion from statutory auditors Goel Singhal & Associates. Finance costs reduced substantially from Rs. 254.62 Lakhs to Rs. 73.89 Lakhs due to significant debt repayment. The Income Tax Department conducted a search operation on 18 March 2026, though management stated no financial impact on results. The board also re-appointed M/s VPSJ & Co as internal auditor for FY 2026-27.
Revenue decline is a concern for investors, but the sharp improvement in profitability and reduction in debt burden are positive signals. The clean audit opinion provides assurance on financial reporting quality.