Artson Limited has completed the mandatory publication of its audited financial results for the fourth quarter and year ended 31st March 2026 in newspapers, fulfilling requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Publication Details

The company published extracts of its audited financial results in Business Standard (English), all India edition, and Navakal (Marathi), Mumbai edition, on 29th April 2026. This publication was conducted in accordance with Regulation 47(1)(b) read with Regulation 33 of SEBI regulations.

Company Secretary and Compliance Officer Deepak Tibrewal (FCS 8925) communicated the completion of this regulatory requirement to BSE Limited through an official letter dated 29th April 2026, including newspaper clippings as reference.

Financial Performance Overview

The audited financial results reveal mixed performance for Artson Limited during FY26:

Quarterly Performance Analysis

The fourth quarter of FY26 showed improvement with the company returning to profitability:

Key Business Developments

The company operates in a single business segment focused on supply of equipment, steel structure and site services for mechanical works. Several significant factors impacted the FY26 performance:

• Implementation of new labour code in India resulted in a one-time gratuity charge of ₹65.33 lakhs
• Created provision of ₹525.17 lakhs for long outstanding trade receivables and unbilled revenue totaling ₹1,633 lakhs from a PSU customer
• The company has significant accumulated losses as at 31st March 2026

Going Concern Assessment

Despite the losses, management and the Board of Directors have assessed the company's ability to continue as a going concern based on:

• Letter of support from holding company Tata Projects Limited providing adequate business, financial and operational support
• Review of approved business plan and future cash flow projections
• Assessment confirming ability to meet cash flow requirements for the next twelve months

The complete audited financial results are available on the company's website at www.artson.net and can be accessed through stock exchange portals.

Artson Limited has received a substantial order enhancement from M/s. Sadhav Offshore Engineering Pvt. Ltd., increasing the contract value by Rs. 10.50 Cr including taxes. The amendment brings the total order value from the originally disclosed Rs. 61.54 Cr to Rs. 72.05 Cr, representing a significant boost to the company's order book.

Order Enhancement Details

The company disclosed the amendment on 15th April 2026, following its earlier announcement on 30th January 2025 regarding the original Letter of Intent. The enhanced contract maintains its focus on the construction and supply of a floating dry dock, structured as a unit rate contract with a domestic entity.

Project Specifications

The contract involves the construction and supply of a floating dry dock for Sadhav Offshore Engineering Pvt. Ltd. The project is classified as a domestic contract with a unit rate structure, ensuring standardized pricing mechanisms throughout the execution phase.

Regulatory Compliance

Artson Limited has confirmed that the enhanced order does not involve any related party transactions and maintains arm's length dealing principles. The company has also disclosed that no promoter, promoter group, or group companies have any interest in the entity that awarded the contract, ensuring complete transparency in the business relationship.

Corporate Governance

The disclosure was made under Regulation 30 of the listing requirements, with Company Secretary and Compliance Officer Deepak Tibrewal signing the official communication. The announcement reinforces Artson Limited's commitment to timely and comprehensive disclosure of material developments to stakeholders and regulatory authorities.