Paras Petrofils Limited has informed exchange regarding financial result for financial year ended on 31/03/2026.
PARASPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Paras Petrofils Limited reported a net loss of Rs 1,285.37 Lacs for FY26, a dramatic reversal from a profit of Rs 7.82 Lacs in FY25. Total income increased marginally to Rs 14,982 Lacs from Rs 14,008 Lacs (approx. 7% growth), but other expenses surged significantly to Rs 18,327 Lacs from Rs 12,981 Lacs. The Balance Sheet shows negative Other Equity of Rs 1,679.92 Lacs, indicating accumulated losses exceeding share capital. Total assets stand at Rs 2,004.68 Lacs. Statutory auditors R M R & Co. issued an unmodified (clean) opinion, confirming no qualifications on the financial statements. EPS for the year is negative at Rs (0.01).
The company has swung into significant losses while maintaining positive operating cash flows. The negative equity position (shareholders' funds are deeply eroded) raises concerns about financial viability and may require capital infusion or restructuring. The clean audit opinion provides some comfort on financial reporting integrity.