With reference to the captioned subject, we hereby inform you that at the Board Meeting of the Company held today i.e. Wednesday, 27th May, 2026, the Board considered and approves the following ....
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Palco Metals Ltd's Board approved audited standalone and consolidated financial results for the year ended March 31, 2026. The standalone entity reported a net loss of ₹-39.31 Lacs (vs ₹-32.66 Lacs in prior year), with EPS of ₹-0.98. In contrast, consolidated results show strong performance with total income of ₹29,318.14 Lacs (up from ₹24,595.79 Lacs YoY) and consolidated PAT of ₹638.43 Lacs (vs ₹631.04 Lacs), with EPS of ₹15.99. The auditors (KPSJ & Associates LLP) issued unmodified opinions on both standalone and consolidated results. The subsidiary Palco Recycle Industries contributed significantly with total assets of ₹9,984.02 Lacs and net profit of ₹677.73 Lacs. Consolidated net operating cash flow was ₹790.09 Lacs. Standalone balance sheet shows total assets of ₹3,343.67 Lacs with total liabilities of ₹2,616.65 Lacs.
The standalone loss widening and negative EPS of -0.98 on standalone basis signal distress at the parent level, while the consolidated results and positive operating cash flow of ₹790.09 Lacs indicate the group remains profitable overall. Shareholders should note the stark divergence between standalone and consolidated performance, which may indicate significant intercompany exposures or dependency on the subsidiary for group viability.