Submission of the outcome of the Board Meeting held on 26th May 2026.
Awaiting price reaction for this filing.
I-Power Solutions India Ltd's Board approved the standalone audited financial results for Q4 and FY ended 31st March 2026. The statutory auditors (Anant Rao & Mallik) issued an unmodified (clean) opinion. For the full year, total revenue was Rs 25.15 lakh with other income of Rs 25.15 lakh. The company posted a net loss of Rs 100.31 lakh (EPS: -Rs 1.79), compared to a loss in the prior year. Operating cashflow was significantly negative at Rs 241.45 lakh. Other equity stands at negative Rs 52.07 lakh (accumulated losses). The Board also re-appointed Mr V. R. Sridharan as Internal Auditor for FY 2026-27.
The company continues to incur losses with negative cashflows and accumulated deficits, raising going concern risks despite a clean audit opinion. Shareholders should monitor the company's ability to fund operations given weak cash generation.