Audited Financial Results for the Quarter and Financial Year ended 31st March 2026.
POKARNA · price
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Pokarna Limited reported audited consolidated results for FY2026. Total revenue declined significantly to ₹59,369.47 lakhs from ₹95,134.17 lakhs in FY2025, representing approximately 38% revenue decline. Net profit attributable to owners fell to ₹8,060.98 lakhs from ₹18,754.85 lakhs in the previous year. The company's standalone results show a net loss of ₹973.69 lakhs, while the consolidated profit is driven by the Quartz Surfaces segment (contributing ₹54,892.45 lakhs revenue) which offsets losses in the Granites segment. The Board has recommended a dividend of ₹0.60 per share (30%) for FY2025-26. Statutory auditors S Daga & Co. issued an unmodified (clean) opinion on both standalone and consolidated financial results.
The sharp revenue and profit decline is a significant concern for shareholders. Despite a clean audit opinion, the company's consolidated revenue dropped by nearly 40% year-on-year, raising questions about business sustainability. The granites segment continues to operate at a loss, and the company's heavy reliance on the quartz surfaces business creates concentration risk.