Board meeting outcome held on 30.05.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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PB Global Ltd reported FY2025-26 revenue of Rs 2,135.69 Lakhs, down from Rs 2,595.27 Lakhs in FY2024-25 (approximately 18% decline). The company reported a net loss of Rs 119.61 Lakhs for FY2025-26, significantly improved from a loss of Rs 458.68 Lakhs in the prior year. The auditors from Jain Vinay & Associates issued an unmodified (clean) opinion but flagged concerns including: revenue being stated inclusive of GST and nullified through expenses; inability to confirm bank balances for 8 Union Bank of India accounts due to non-availability of statements; and assets lacking residual value in PPE schedules. The company also has significant pending income tax disputes totaling over Rs 149+ Crores across multiple years.
While the loss reduced substantially year-on-year, the revenue decline and auditor observations about GST treatment and missing bank confirmations suggest underlying accounting concerns. The clean audit opinion provides some comfort, but pending tax liabilities of Rs 149+ Crores represent a potential material risk for shareholders.