Pursuant to Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith outcome of board meeting held on May 28, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Olympia Industries reported audited financial results for FY2026 ending March 31. Total revenue stood at Rs. 31,566.69 lakhs, marginally higher than Rs. 31,102.02 lakhs in FY2025. Net profit increased significantly to Rs. 180.34 lakhs from Rs. 129.55 lakhs, representing a 39.2% year-on-year growth. The company recorded an exceptional item of Rs. 16.91 lakhs due to past service cost from implementation of new Labour Codes affecting gratuity provisions. Operating cash flow turned positive at Rs. 2,071.21 lakhs compared to negative Rs. 67.22 lakhs in the previous year. The Board also appointed M/s. V.A. Shimpi & Associates as the new internal auditor for FY2026-27. Statutory auditors issued an unmodified opinion on the financial results.
The strong PAT growth of 39.2% and positive operating cash flow turnaround are positive signals for shareholders. The exceptional item is non-recurring in nature and should not materially impact investor sentiment. Clean audit opinion with no qualifications supports financial integrity.