ORTIN GLOBAL LIMITED has submitted to the Exchange, the financial results for the period ended March 31, 2026.
ORTINGLOBE · price
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Ortin Global Limited reported total income of Rs 41.50 Lakhs for FY2026, up from Rs 38.35 Lakhs in FY2025, but net sales from operations dropped sharply to Rs 10.05 Lakhs from Rs 34.22 Lakhs. The company continues to incur significant losses with Loss After Tax of Rs 74.04 Lakhs (improved from Rs 84.64 Lakhs loss in FY2025). Other equity stands at negative Rs 689.43 Lakhs, indicating accumulated losses have eroded reserves. Operating cash flow remained negative at Rs 55.96 Lakhs. Borrowings increased substantially to Rs 100.50 Lakhs from Rs 25 Lakhs. The statutory auditor issued an unmodified (clean) opinion on the financial results.
The company remains in significant financial distress with negative equity and continued losses. While losses narrowed year-on-year, the sharp decline in core revenues and negative operating cash flow are concerning for shareholders. The clean audit opinion provides some comfort but the balance sheet structure needs monitoring.