Outcome of Board Meeting

Nila Spaces Ltd reported its FY26 audited results. On a consolidated basis, revenue grew 36% to Rs 18,502 lakhs from Rs 13,580 lakhs in FY25, while profit after tax more than doubled to Rs 2,876 lakhs from Rs 1,161 lakhs, driven by a subsidiary's strong performance. However, standalone revenue declined 17% to Rs 13,580 lakhs with PAT at Rs 1,520 lakhs vs Rs 2,661 lakhs in FY25. The company recorded negative operating cash flow of Rs 5,290 lakhs. Two new directors were appointed - Mr. Prashant Sarkhedi as Whole-Time Director and Mr. Deep Vadodaria as Chairman & Managing Director. New internal and cost auditors were also appointed for FY27. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financials.