Outcome of the Board Meeting held on May 06, 2026 to consider and approve inter-alia, the Audited Financial Results for the quarter, half year and year ended March 31, 2026 and Re-appointment ....
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The Board approved audited financial results for FY2026 ending March 31. Revenue from operations grew 18% to Rs 14,940.14 lakhs from Rs 12,634.80 lakhs in FY2025. Profit after tax increased 8.8% to Rs 3,132.72 lakhs (EPS Rs 30.05) vs Rs 2,880.68 lakhs (EPS Rs 28.62) in the prior year. The company raised Rs 1,091.25 lakhs via preferential issue of 1,12,500 shares at Rs 970 each to fund pan-India expansion and marketing. An exceptional item of Rs 15.18 lakhs was recorded. Inventories surged 52% to Rs 4,824.25 lakhs, indicating significant working capital buildup. Statutory auditors Khandelwal Jain & Associates issued an unmodified opinion, and the Board approved their re-appointment for a second 5-year term.
The 18% revenue growth shows strong business momentum, but the slower 8.8% PAT growth suggests margin compression likely due to higher marketing spends for expansion. The large inventory buildup warrants monitoring of cash flows and sales execution.