outcome of Board Meeting dt. 27.05.2026.
Awaiting price reaction for this filing.
Paos Industries Ltd reported audited financial results for Q4 and FY ended March 2026. Revenue from operations grew significantly to Rs 8803.89 lakhs (FY26) from Rs 5463.62 lakhs (FY25), a 61% increase. However, the company continues to incur losses with loss after tax of Rs 211.15 lakhs for FY26 compared to Rs 77.10 lakhs loss in FY25. The company has negative equity of Rs 1796.85 lakhs as of March 2026. Statutory auditors P.C. Goyal & Co. issued an unmodified (clean) audit opinion confirming the financial statements present a true and fair view. The Board also appointed M/s Rajiv Rajeev & Associates, Chartered Accountants as Internal Auditors for one year from April 1, 2026 to March 31, 2027.
Despite strong revenue growth, the company is losing more money year-over-year and has negative equity, which raises concerns about its financial health and ability to sustain operations. The clean audit opinion provides assurance on financial reporting accuracy but does not address going concern issues.