Outcomes of Board Meeting to consider and approve the Financial Result (standalone) for the quarter and the year ended March 31, 2026.
Awaiting price reaction for this filing.
NR International Ltd reported a net loss of Rs 16.82 lakhs for FY2026, a significant deterioration from the prior year's loss of Rs 0.65 lakhs. Total income dropped sharply to Rs 28.95 lakhs from Rs 77.86 lakhs in FY2025, driven by a collapse in other income from Rs 77.86 lakhs to just Rs 3.95 lakhs. Revenue from operations remained minimal at Rs 25 lakhs. The company generated positive operating cash flows of Rs 17.08 lakhs, a turnaround from negative Rs 77.30 lakhs in the prior year. The auditor issued an unmodified opinion with no going concern qualifications. The company has no external debt and maintains a healthy balance sheet with total equity of Rs 2154.30 lakhs against total assets of Rs 2161.28 lakhs.
The stock likely faces pressure due to a massive 25x widening of net losses and a 63% decline in total income. The financial performance appears heavily dependent on non-recurring other income, raising sustainability concerns. However, the clean auditor opinion and positive cash generation are reassuring signs.