Tarsons Products Limited has informed the Exchange regarding 'Approval of the Audited (Standalone and Consolidated) Financial Results for the quarter and financial year ended March 31, 2026'.
TARSONS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tarsons Products Limited reported audited financial results for FY2026. Consolidated revenue grew 7.7% to Rs 4,225.13 million from Rs 3,924.14 million. However, profit after tax declined significantly by 51.8% to Rs 143.22 million from Rs 297.70 million. Standalone PAT also fell 46.2% to Rs 226.58 million from Rs 421.31 million. The auditors (Price Waterhouse Chartered Accountants LLP) issued an unmodified (clean) opinion on both standalone and consolidated results. Exceptional item of Rs 11.27 million was recorded due to statutory impact of new labour codes. Related party transactions disclosed: excess managerial remuneration of Rs 41.38 million paid to Managing Director, Whole Time Director and other directors, requiring shareholder approval via special resolution.
Significant PAT decline of over 50% despite modest revenue growth is concerning. The company faces margin compression likely due to higher depreciation, finance costs, and one-time labour code impact. Shareholders should note the pending approval for excess remuneration waiver.