Approval of Audited Financial Results (Standalone) for the half year and Financial year ended March 31,2026 along with Independent Audit Report Thereon
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The Board approved audited standalone financial results for the half year and full year ended March 31, 2026 with an unmodified audit opinion from M/s Rawka & Associates. Revenue from operations more than doubled to Rs 591.27 lakhs (from Rs 276.93 lakhs in FY25), while total income rose to Rs 666.75 lakhs (from Rs 274.39 lakhs). The company swung to a net profit of Rs 84.65 lakhs compared to a loss of Rs 4.06 lakhs in the previous year, driven by higher other income. Operating cash flow turned strongly positive at Rs 126.36 lakhs (vs negative Rs 63.15 lakhs earlier). Additionally, the Board approved increasing authorized share capital from Rs 5 crore to Rs 10 crore, appointed Ms. Durga Kumar Modi as an Independent Director, and accepted the resignation of Ms. Sayli Akshay Shelke as Independent Director due to personal commitments.
This is a strong turnaround year with revenue more than doubling and the company returning to profitability, which is positive for shareholders. The doubling of authorized share capital suggests the company may be planning a future fundraising round or stock split, which could dilute existing shareholders if new shares are issued.