Declaration of Audited Financial Result for the period ended on 31.03.2026
PILITA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PIL Italica Lifestyle Ltd reported audited financial results for FY2026 ended March 31, 2026. Total income stood at Rs 10,870.35 lakhs versus Rs 10,083.18 lakhs in the previous year, representing an 8.2% revenue growth. However, profitability declined significantly - Profit Before Tax fell to Rs 605.47 lakhs from Rs 700.92 lakhs (down 13.6%) and Profit After Tax dropped to Rs 449.36 lakhs from Rs 524.26 lakhs (down 14.3%). EPS decreased to Rs 0.19 per share from Rs 0.22 previously. The company attributed recognition of New Labour Codes impact under employee benefits expense as a factor. Statutory auditors H.R. Jain & Co issued an unmodified (clean) opinion confirming no material concerns. The Board meeting also approved re-appointments of key directors including Managing Director Daud Ali and Whole Time Director Narendra Bhanawat for three-year terms.
The stock shows revenue growth but profitability has declined for the year. The clean audit opinion provides assurance on financial reporting quality, though the PAT decline of 14.3% may concern investors focused on bottom-line growth.