Outcome of Board Meeting dated 29.05.2026.
PLAZACABLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Plaza Wires Limited reported audited standalone financial results for FY26 ending March 31, 2026. Revenue from operations grew 14.3% to Rs 3,180.58 lakhs from Rs 2,781.75 lakhs in FY25. Profit After Tax (PAT) improved significantly by 59.8% to Rs 254.54 lakhs from Rs 159.32 lakhs. Basic EPS stands at Rs 7.47. The statutory auditor M/s Shailendra Goel & Associates issued an unmodified (clean) opinion. The board also appointed M/s BARS & Co. as Internal Auditor and M/s Deepak Mittal & Co. as Cost Auditor for FY26-27. Note 6 highlights a GST/excise demand of Rs 11.51 crores (including Rs 5.75 crore penalty) from Commissioner Appeals, which the company plans to challenge at the Appellate Tribunal level.
Strong PAT growth of 60% is positive for shareholders, though the undisclosed contingent liability of Rs 11.51 crore for GST matters adds some risk overhang. The clean audit opinion reinforces financial reporting credibility.