Prima Innovation FY26: revenue up 23%, but loss widens to Rs 203 lakh
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Revenue from operations rose 23 percent to Rs 5,096.93 lakh in FY26 from Rs 4,145.02 lakh. However, net loss widened sharply to Rs 202.78 lakh from Rs 11.32 lakh. Company also reported cash loss of Rs 29.90 lakh in FY26. Demerger of Prima Plastics Rotational Moulding business into the company was completed via NCLT order dated March 16, 2026, with appointed date July 1, 2024. Auditor CNK and Associates flagged an emphasis of matter on demerger accounting treatment. Total borrowings rose to Rs 2,538.69 lakh from Rs 1,978.52 lakh. No dividend declared for the year.
Widening losses, rising debt and no dividend despite revenue growth may weigh on investor sentiment near term.