Outcome of Board Meeting held on 29th May, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved audited standalone and consolidated financial results for FY2026 ending 31st March. Standalone revenue grew 29% to ₹2,922.26 lakhs while PAT surged 252% to ₹214.38 lakhs. Consolidated revenue rose 44% to ₹5,599.85 lakhs but PAT dropped 78% to ₹14.46 lakhs due to a ₹155.31 lakh exceptional loss from termination of right-of-use assets. The company also re-appointed Dr. Vikram V. Kamat as Managing Director for 3 years and fixed the 19th AGM. Statutory auditors Chaturvedi Sohan & Co. issued an unmodified (clean) opinion on both standalone and consolidated results.
Standalone results show strong operational improvement with revenue and profit growth, signaling healthy business momentum. However, consolidated results are impacted by exceptional lease termination costs, which may raise concerns about debt management and lease restructuring. The clean audit opinion is positive for investor confidence.