Submission of Audited Financial Results for the quarter & FY ended on 31st March 2026.
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New Light Industries Limited (formerly New Light Apparels Limited) reported audited standalone results for FY2026. Revenue from operations declined significantly to Rs. 709.04 Lakhs from Rs. 1,724.57 Lakhs in the previous year—a drop of approximately 59%. Profit after tax (PAT) fell to Rs. 42.12 Lakhs from Rs. 113.99 Lakhs in FY2025. The company posted positive operating cash flow of Rs. 48.18 Lakhs (vs. negative Rs. 700.49 Lakhs in prior year), a notable improvement. Total equity stands at Rs. 1,481.00 Lakhs with borrowings nearly eliminated. Statutory auditors NGMKS & Associates issued an unmodified (clean) opinion on the financial results.
The sharp revenue decline of nearly 60% and corresponding PAT fall are major concerns for shareholders. While the company achieved positive operating cash flow this year after heavy working capital outflows last year, the dramatic revenue contraction raises questions about business sustainability. The clean audit opinion provides some comfort on financial reporting integrity.