Outcome of the Board Meeting for approval of Audited financial results for financial year ended 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Premier Energy and Infrastructure Ltd reported a significant deterioration in its financial performance for FY 2025-26. The standalone net loss after tax was Rs 53.04 lakhs compared to a profit of Rs 73.19 lakhs in the previous year. Consolidated figures showed an even larger net loss of Rs 109 lakhs against a profit of Rs 20.60 lakhs in FY 2024-25. Revenue remained flat at around Rs 215-216 lakhs. Operating cash flows were negative at Rs 151.28 lakhs (standalone) and Rs 575.47 lakhs (consolidated). The company flagged that its current liabilities exceed current assets by Rs 370.99 lakhs (standalone) and Rs 3349.89 lakhs (consolidated), yet stated financial statements are prepared on a going concern basis citing promoter support and future plans including a project with Dismutase Biotech Private Limited. Auditors issued an unmodified opinion.
The company swung from profit to significant loss with negative operating cash flows indicating serious liquidity concerns. The going concern note flags potential balance sheet fragility despite management assurances, which could concern shareholders and lenders.