Priti International Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
PRITI · price
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Priti International Limited reported revenue from operations of Rs. 2,574.34 lakhs for FY2026, a steep decline from Rs. 7,706.35 lakhs in FY2025 — approximately a 66.6% year-on-year drop. Profit after tax fell to Rs. 90.15 lakhs from Rs. 475.39 lakhs in the prior year, a decline of about 81%. The company operates across three segments: Wooden and Iron Handicraft, Textile Handicraft, and Solar and Products. The auditor, P Singhvi & Associates, issued an unmodified (clean) opinion with no qualifications, no going concern issues, and no emphasis of matter. Operating cash flow turned positive at Rs. 118.52 lakhs compared to a negative Rs. 618.39 lakhs in FY2025, though interest income also dropped significantly to Rs. 11.22 lakhs from Rs. 199.89 lakhs. The company's total equity stood at Rs. 7,216.02 lakhs with no debt borrowings as of March 31, 2026.
The sharp revenue and profit decline will concern shareholders, though the clean audit opinion and positive operating cash flow provide some reassurance. The company remains debt-free but faces a significant contraction in its core handicraft business.