Outcome of Board Meeting held on 27.05.2026 to approve the Audited Financial Results for the Quarter and Financial Year ended March 31, 2026
Awaiting price reaction for this filing.
Oswal Yarns Limited reported audited financial results for FY2025-26 with significant revenue decline. Total income dropped to Rs 137.20 Lacs from Rs 199.39 Lacs in the previous year, representing approximately 31% decline. The company reported a net loss of Rs 12.43 Lacs (PAT negative), compared to a loss of Rs 11.98 Lacs in FY2024-25. Operating cash flow turned negative at Rs -10.95 Lacs, a sharp reversal from positive Rs 27.11 Lacs in the prior year. Total assets decreased to Rs 354.40 Lacs from Rs 367.39 Lacs. The statutory auditor M/s Subash Vipan & Co issued an unmodified (clean) opinion on the financial statements. The company continues to incur losses with EPS at Rs -0.30 per share.
The company is struggling with declining revenues and continuing losses, which raises concerns about its ability to generate profits. The negative operating cash flow is a significant red flag for investors as it indicates the business is consuming cash rather than generating it.