Submission of audited financial results for the quarter and year ended March 31, 2026
OSWALAGRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Oswal Agro Mills reported standalone revenue of Rs 3,757.42 lakh for FY26, down significantly from Rs 17,368.38 lakh in FY25 - a revenue decline of about 78%. Net profit after tax fell to Rs 861.98 lakh from Rs 10,882.44 lakh in the previous year. The company recorded an exceptional item of Rs 571.79 lakh as provision for an Inter-Corporate Deposit given to Eternys Infra Private Limited, which has uncertainty about recoverability. The standalone auditor issued an unmodified (clean) opinion, while the consolidated auditor issued a qualified opinion due to issues with associate company Oswal Greentech Limited related to ICDs and real estate advances. The consolidated results show the company accounts for its investment in Oswal Greentech Limited using the equity method.
The significant revenue and profit decline combined with the exceptional item provision and qualified opinion on consolidated results indicates material business stress. The unqualified opinion on standalone results is positive, but shareholders should monitor recovery efforts for the Rs 5.72 crore ICD written off.