Audited Financial Results for the quarter and financial year ended March 31, 2026
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Olympia Industries reported audited financial results for Q4 and FY2026. The company posted revenue from operations of Rs 73,673.5 lakhs for Q4 and total revenue of Rs 31,566.69 lakhs for the full year, compared to Rs 38,317.06 lakhs in the previous year. Net profit for FY2026 stood at Rs 180.34 lakhs, up from Rs 129.55 lakhs in FY2025, representing approximately 39% growth. An exceptional item of Rs 16.91 lakhs was recognized due to the implementation of new Labour Codes, resulting in increased provision for gratuity. The statutory auditors issued an unmodified opinion, confirming clean audit findings. The company also appointed M/s. V.A. Shimpi & Associates as internal auditor for FY2026-27.
The 39% PAT growth is positive for shareholders, though revenue appears to have declined year-over-year. The clean audit opinion with unmodified report is reassuring. The shift to positive operating cash flow of Rs 2,071.21 lakhs (from negative Rs 67.22 lakhs) indicates improved operational efficiency.