Financial Results March 31, 2026.

Vishnu Prakash R Punglia Ltd reported a net loss of Rs 1,501.16 million for FY2026 compared to a profit of Rs 585.96 million in FY2025. Revenue from operations declined by 31% to Rs 8,512 million from Rs 12,374 million in the previous year. The auditors flagged a material uncertainty regarding the company's ability to continue as a going concern due to severe cash crunch from delayed receivables from government departments. The company recorded an exceptional item of Rs 99.64 million related to encashment of performance bank guarantee for the Jaipur-Sawai Madhopur doubling project after termination. Another contract for Bikaner Railway Station (Rs 199.47 million) was also terminated but is pending in court with no provision made. Cash and cash equivalents dropped to Rs 8.16 million from Rs 53.38 million.