The Board at their meeting appointed M/s A.C. Bhowmick & Co. Chartered Accountants as the Internal Auditors of the Company for the financial year 2026-27
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Pagaria Energy Limited reported a net loss of Rs. 43.52 lakhs for FY2026, a sharp decline from a profit of Rs. 6.15 lakhs in FY2025. Revenue from operations stood at Rs. 22.50 lakhs with total income of Rs. 24.50 lakhs against Rs. 18.38 lakhs in the previous year. Total expenses increased significantly to Rs. 68.02 lakhs. The Board approved audited financial results for Q4 and year ended March 31, 2026, and appointed M/s A.C. Bhowmick & Co as Internal Auditors for FY2026-27. The statutory auditor issued an unmodified opinion on the financial results. Total assets grew to Rs. 1,695.63 lakhs from Rs. 668.09 lakhs, while other equity declined from Rs. 195.85 lakhs to Rs. 152.33 lakhs. The company also approved related party transactions for H2 FY2026.
The company swung from profitability to significant losses despite higher revenues, indicating deteriorating operational efficiency. Shareholders should monitor the sharp increase in expenses and decline in reserves. The clean audit opinion provides some comfort on financial reporting integrity.