Outcome of the Meeting of Board of Directors held on Wednesday, May 27, 2026.
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Odyssey Corporation Limited reported strong financial results for FY2026. Standalone revenue grew 78% to Rs 6,363.15 Lacs from Rs 3,573.58 Lacs in FY2025. Profit after tax surged 243% to Rs 967.25 Lacs from Rs 282.11 Lacs. Consolidated revenue increased 80% to Rs 6,786.03 Lacs with PBT of Rs 1,151.49 Lacs. The Board approved audited financial statements and appointed M/s Yogesh Bhuva & Co. as Internal Auditor for FY2026-27. During the year, 66 lakh warrants were converted into equity shares, increasing share capital from Rs 3,752.42 Lacs to Rs 4,082.42 Lacs. Auditors issued unmodified (clean) opinion. The company confirmed no deviation in utilization of Rs 49.92 crore raised via preferential issue.
The company delivered exceptional revenue and profit growth, with PAT nearly tripling year-on-year. However, negative operating cash flow of Rs 2,564.14 Lacs indicates working capital concerns that investors should monitor despite strong bottom-line growth.