Please Find Attached the Outcome of the Board Meeting of Prostarm Info Systems Limited held on Friday, May 22,2026
PROSTARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prostarm Info Systems Limited reported audited standalone revenue of ₹37,788 lakh for FY2026, up 9.25% from ₹34,589 lakh in FY2025. Standalone PAT grew 13.86% to ₹3,474 lakh from ₹3,051 lakh. Consolidated PAT was ₹3,301 lakh with total revenue of ₹38,577 lakh. The Board approved variation in IPO proceeds utilization and amendments to ESOP 2024, both subject to shareholder approval via postal ballot. New Internal Auditor Mr. Ronak Mukesh Shah was appointed and Cost Auditor M/s Y R Doshi & Company was reappointed. The company operates three 100% owned subsidiaries in BESS (Battery Energy Storage Systems) – Prostarm Energy Systems, Karnataka BESS, and Bihar BESS. The auditors issued an unmodified (clean) opinion with no going concern or qualified remarks.
Positive PAT growth of ~14% and clean audit support fundamentals, but significant concern from negative operating cash flow of ₹-4,885 lakh versus positive ₹916 lakh in prior year – this cash flow deterioration despite profit growth signals potential earnings quality and working capital issues warranting scrutiny.