Please find enclosed outcome of board meeting
Awaiting price reaction for this filing.
OTCO International Ltd reported audited standalone financial results for the quarter and year ended March 31, 2026. Total revenue declined significantly to Rs 22.13 Lacs compared to Rs 91.10 Lacs in the previous year, marking a substantial drop in operations. The company posted a net profit of Rs 2.52 Lacs (vs Rs 2.95 Lacs in FY 2025) and EPS of Rs 0.02 for the full year. Statutory auditors B.N. Misra & Co issued an unmodified opinion on the financial statements. The Board also approved re-appointment of M/s Sanjay Parhi & Co as Internal Auditor for FY 2026-27. Positive cash flow from operations improved to Rs 199.64 Lacs (vs Rs 90.92 Lacs in prior year).
The sharp revenue decline of approximately 75% raises concerns about business performance, though the company remains profitable and cash generative. Shareholders should monitor if the revenue contraction is due to business cyclicality or structural issues.