Outcome of Board Meeting for FY 2026-27 dated 29.05.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited FY2026 results showing strong turnaround. Standalone revenue grew 211% to Rs. 1,501.97 Lakhs (vs Rs. 483.03 Lakhs). Consolidated revenue rose 181% to Rs. 2,169.12 Lakhs (vs Rs. 772.60 Lakhs). Standalone net profit was Rs. 53.94 Lakhs vs net loss of Rs. 364.31 Lakhs previous year. Consolidated net profit was Rs. 68.70 Lakhs vs loss of Rs. 356.86 Lakhs. Two key management changes occurred: Ms. Pujitha Gudipudi resigned as CFO and Ms. Anuja Agrawal was appointed. The company also availed ECLGS 5.0 credit facility from Axis Bank and partnered with Augmont, SafeGold, and MMTC-PAMP for digital gold/silver sales through goldnsilver.shop. Auditors gave unmodified opinion.
The company bounced back strongly from heavy losses in FY2025, with revenue tripling and profitability restored. However, negative operating cash flow of Rs. (211.82) Lakhs and accumulated negative equity of Rs. (395.42) Lakhs indicate underlying liquidity and balance sheet concerns despite improved operational performance.