Outcome of Board Meeting held on 30/05/2026.
PARASPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Paras Petrofils Ltd reported Q4 FY2026 results for the quarter ending March 31, 2026. The company posted a net loss of Rs 128.51 Lacs in Q4, compared to a profit of Rs 46.07 Lacs in Q3 FY2026 — a sharp reversal. For the full year FY2026, the company earned a net profit of just Rs 5.37 Lacs (vs Rs 7.82 Lacs in FY2025), indicating minimal profitability. Other Expenses surged to Rs 16,545 Lacs in Q4 (vs Rs 1,130 Lacs in Q4 FY2025), suggesting cost pressures. The balance sheet shows accumulated losses of Rs 1,679.92 Lacs, leaving negative other equity. Cash and cash equivalents are negligible at Rs 0.02 Lacs. Statutory auditors R M R & Co. issued an unmodified opinion, confirming the results present a true and fair view.
The company swung to a quarterly loss and the full-year profit is negligible, raising concerns about operational viability. The accumulated deficit of Rs 1,679.92 Lacs signals long-term financial stress despite the clean audit opinion.