Board of Directors of the Company, at its meeting held today, has inter alia approved the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, ....
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OK Play India Limited reported consolidated revenue of Rs 20,531.40 Lacs for FY26, up 17.3% from Rs 17,506.21 Lacs in FY25, driven by growth in the parent and subsidiaries. However, consolidated profit after tax dropped significantly to Rs 148.90 Lacs from Rs 575.75 Lacs in the prior year—a decline of over 74%. Standalone revenue declined to Rs 10,424.11 Lacs from Rs 12,316.23 Lacs (down ~15%). Exceptional items of Rs 89.80 Lacs (net) were recorded, comprising exchange fluctuation loss on FCCB (Rs 28.14 Lacs), debit balance written off (Rs 71.26 Lacs), partially offset by credit balance write back (Rs 9.60 Lacs). Operating cash flow remained positive at Rs 4,593.93 Lacs for standalone. Auditors issued unmodified opinions on both standalone and consolidated results.
The sharp decline in profitability despite revenue growth is concerning and may weigh on investor sentiment. The exceptional items and lower standalone revenue suggest operational headwinds, though positive operating cash flow provides some support.