Announced Tue, 19 May · 22:07 IST

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at their meeting held on May 19, 2026, approved the Appointment ....

Revenue DeclinePat NegativeResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-7.5%1-day move
₹650.00
prior close
₹629.50
base price
After-mkt
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AI summary

The Board of Directors approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone total income declined to Rs 4,353.23 lakhs from Rs 4,909.37 lakhs in FY25 (down 11.3%). Standalone PAT fell to Rs 413.86 lakhs from Rs 480.97 lakhs (down 14%). Consolidated PAT declined to Rs 362.38 lakhs from Rs 480.79 lakhs (down 24.6%) due to a subsidiary loss of Rs 514.79 lakhs. Finance costs dropped sharply to Rs 186.09 lakhs from Rs 540.32 lakhs due to a customs duty interest refund. The company received Rs 285.82 lakhs insurance proceeds as an exceptional item. Statutory auditors Jain K S & Associates issued unmodified opinions on both standalone and consolidated results. Mr. Sachin Solanki was appointed Internal Auditor for FY2026-27.

Likely market impact

Revenue and profit declined year-on-year, with consolidated profit falling nearly 25% due to subsidiary losses. The significant drop in finance costs from customs duty refund boosted other income. Despite lower profitability, the clean audit opinion and appointment of an internal auditor indicate adequate governance controls.