Annual Report FY26 filed; profit only from one-time gain
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sales rose to Rs. 826.34 lakh from Rs. 773.23 lakh, but operating losses widened to Rs. 955.03 lakh from Rs. 668.97 lakh. Reported profit of Rs. 655.22 lakh came entirely from a one-time exceptional gain of Rs. 1610.25 lakh, being write-back of credit and debit balances with group companies. Management flagged going concern uncertainty due to weak orders and high raw material costs (Gold, Rhodium). No dividend recommended. 38th AGM on 24 September via video conferencing.
Profit is from one-time write-back, not operations. Going concern flagged, no dividend. Related party transactions of up to Rs 50 crore each need shareholder approval.