Please find the attached Outcome of Board Meeting
Awaiting price reaction for this filing.
The Board of Directors of Cresanto Global Ltd approved the audited financial results for Q4 and the financial year ended March 31, 2026. The company reported a total income of ₹7.56 Lakhs for FY2026, a sharp decline from ₹52.59 Lakhs in the previous year. The net loss for the year widened significantly to ₹43.03 Lakhs compared to a loss of ₹18.05 Lakhs in FY2025. Q4 standalone loss stood at ₹23.54 Lakhs against a profit of ₹6.86 Lakhs in Q4 FY2025. The balance sheet reflects a distressed state with negative other equity of ₹-729.16 Lakhs and total assets of just ₹0.99 Lakhs, funded largely by borrowings of ₹280.64 Lakhs. The statutory auditors, K T P S & Co., issued an unmodified opinion confirming the financial statements give a true and fair view.
The steep decline in revenue and widening losses indicate severe operational stress. The negative equity position and heavy reliance on borrowings raise going concern considerations. Shareholders should exercise caution as the company's financial health has deteriorated sharply year-on-year.