Ardi Alliances Limited has reported its audited standalone financial results for the quarter and year ended March 31, 2026. The company turned profitable during the quarter, posting a net profit of ₹7.30 lakh compared to a net loss of ₹153.17 lakh in the corresponding quarter of the previous year. Revenue from operations for Q4 FY26 stood at ₹293.49 lakh, down from ₹997.69 lakh in Q4 FY25.

For the full year ended March 31, 2026, the company recorded a net profit of ₹3.82 lakh on a total income of ₹293.49 lakh. In the previous fiscal year, the company had reported a net profit of ₹6.47 lakh on total income of ₹1927.72 lakh. The board approved the financial results at a meeting held on May 13, 2026.

Financial Performance

The company's total expenses for the quarter ended March 31, 2026, were ₹284.69 lakh, significantly lower than the ₹1152.51 lakh reported in the same period last year. This reduction in expenses contributed to the turnaround in profitability. The basic earnings per share (EPS) for continuing operations for the quarter was ₹1.83, compared to a loss of ₹38.29 per share in the prior year.

Auditor's Observations

Statutory auditors S K Bhavsar & Co issued an unmodified opinion on the financial results. However, the report included an emphasis of matters highlighting several compliance and documentation gaps. The auditors noted that the management did not furnish balance confirmations, reconciliations, or age-wise analysis for certain trade receivables and payables as of March 31, 2026, preventing verification of these balances.

Additionally, the auditors reported that the company failed to appoint an Internal Auditor for the entire Financial Year 2025-26, constituting a non-compliance with the Companies Act, 2013. The absence of an internal audit function resulted in a significant gap in the internal control framework. The company also did not provide bifurcation of trade payables into Micro, Small and Medium Enterprise (MSME) creditors, nor did it provide documentation for investments and loans granted, impacting the verification of their valuation and recoverability.

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at ₹380.41 lakh, slightly lower than ₹381.34 lakh in the previous year. Non-current assets included investments of ₹226.64 lakh. Current assets comprised trade receivables of ₹121.61 lakh and cash and cash equivalents of ₹32.16 lakh. On the liabilities side, non-current borrowings were recorded at ₹143.03 lakh, while current liabilities totaled ₹204.34 lakh.

Ardi Alliances Limited , previously known as Ardi Investment and Trading Co Limited, has issued a formal prior intimation to BSE Limited pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has announced that a meeting of its Board of Directors is scheduled to be held on Wednesday, May 13, 2026, to transact key business matters.

Board Meeting Agenda

The forthcoming board meeting has been convened to address the following items of business:

• Consideration and approval of the audited financial results for the quarter and year ended March 31, 2026
• Any other business matter with the approval of the Chair and Board

The key details of the scheduled board meeting are summarised below:

Trading Window Closure

In continuation of the company's earlier letter dated March 31, 2026, captioned "Intimation for Closure of Trading Window", Ardi Alliances Limited has reiterated that the trading window for dealing in the securities of the company shall remain closed for designated employees and persons, including their immediate relatives. The closure will remain in effect until the expiry of 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026.

The intimation was signed by Suraj Thakor, Director (DIN: 11551431), on behalf of Ardi Alliances Limited, and was submitted to BSE Limited at its registered address at P. J. Towers, Dalal Street, Mumbai – 400001.