Submission of Audited Standalone Financial Results for the quarter ended and financial year ended on 31.03.2026
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Popees Baby Care India Ltd (formerly Hari Govind International Ltd) submitted its audited standalone results for Q4 and FY26. Revenue from operations for the year stood at ₹260.34 lakhs, compared to nil in the previous year, indicating commencement of business activity. Total expenses were ₹251.02 lakhs, leaving a profit before tax of ₹9.32 lakhs versus a loss of ₹9.40 lakhs in FY25 — a turnaround at the bottom line. Basic EPS for the year was ₹0.11 versus a loss per share of ₹0.19 earlier. The balance sheet shows total assets rising to ₹756 lakhs from ₹382 lakhs, supported by a ₹353 lakh infusion into share capital during the year. The statutory auditor (C.V. Paturkar & Co.) issued an unmodified (clean) opinion on the financials.
A clean audit opinion and a swing into profit mark a positive turn for shareholders, though the scale remains very small and operating cash flows are deeply negative, signalling the business is still in a build-out phase funded by fresh equity rather than internal accruals. The stock may react positively to the return to profitability, but investors should watch closely for sustained revenue traction and improving cash generation.