The Board at their meeting held on today considered and approved the Audited Financial Results for the quarter and year ended 31.03.2026, approved the appointment of Internal Auditors and ....
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Pagaria Energy Limited reported a net loss of Rs. 43.52 Lakhs for FY2026, a sharp reversal from net profit of Rs. 6.15 Lakhs in FY2025. Revenue from operations stood at Rs. 22.50 Lakhs with total expenses of Rs. 68.02 Lakhs. The company took on significant new debt of Rs. 1,069.06 Lakhs in non-current financial liabilities and extended loans of Rs. 1,272 Lakhs during the year. Operating cash flow turned negative at Rs. 222.94 Lakhs, while cash reserves dwindled from Rs. 2.38 Lakhs to Rs. 0.27 Lakhs. The Board approved appointment of M/s A.C Bhowmick & Co as Internal Auditors for FY2026-27 and approved related party transactions for H2 FY2026. Statutory auditors issued an unmodified (clean) opinion.
The company swung from profit to heavy losses with mounting debt and negative operating cash flow, signaling serious financial stress for shareholders. The rapid expansion of loans and new liabilities raises governance and liquidity concerns.