Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prime Fresh Limited held its Board meeting on May 20, 2026 and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The company reported revenue from operations of Rs. 24,269.57 lakhs for FY26, up from Rs. 19,579.57 lakhs in FY25, representing approximately 24% revenue growth. Net profit after tax stood at Rs. 1,188.27 lakhs compared to Rs. 885.62 lakhs in the previous year, marking about 34% PAT growth. The auditors issued an unmodified (clean) opinion, though they included an Emphasis of Matter regarding the company's migration from SME Board to Main Board of BSE (effective June 6, 2025) and transition to Ind AS accounting standards. The Board also appointed M/s Shah Dalal & Associates as the new internal auditor for FY 2026-27, and Mr. Ravi Menon completed his tenure as Independent Director.
Strong financial performance with robust revenue and profit growth is positive for shareholders. However, the consolidated operating cash flow remains negative at Rs. 509.42 lakhs, which raises concerns about cash generation despite profitability. The negative operating cash flow may limit dividend capacity and warrant monitoring.