Ashoka Metcast Limited published the advertisement of audited standalone and consolidated financial results for the quarter and year ended 31st March, 2026 under Regulation 47(1)(b) and 47(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisement was published on 3rd May, 2026 in one English daily newspaper and one daily newspaper in the regional language where the company's registered office is situated. The Board of Directors had approved and taken on record these audited financial results in their meeting held on Saturday, 2nd May, 2026.

Board Meeting Details

The Board meeting was conducted on 2nd May, 2026, where the directors approved the audited financial results along with the audit report in terms of Regulation 33 of SEBI (LODR) Regulations, 2015. The statutory auditors GMCA & Co. issued an unmodified opinion on both standalone and consolidated financial statements. The results are available on the websites of BSE Limited at www.bseindia.com , National Stock Exchange of India Limited at www.nseindia.com , and the company's website at www.ashokametcast.in .

Consolidated Financial Performance

The company delivered robust consolidated performance for FY26, demonstrating significant growth in profitability despite a decline in revenue from operations.

The consolidated net profit for FY26 reached ₹1079.98 lakh, marking a substantial 47.17% increase from ₹733.92 lakh in the previous year. Total comprehensive income surged by 106.18% to ₹1513.21 lakh, driven by other comprehensive income of ₹433.23 lakh during the year.

Standalone Financial Results

The standalone operations showed mixed performance with significant revenue growth but lower profitability compared to the previous year.

Standalone revenue from operations grew significantly by 81.42% to ₹326.18 lakh from ₹179.78 lakh in FY25. However, net profit declined to ₹50.20 lakh from ₹239.01 lakh in the previous year, primarily due to lower other income which decreased from ₹299.97 lakh to ₹110.31 lakh.

Regulatory Compliance

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has complied with Regulation 47 requirements by publishing the advertisement of audited financial results in newspapers as mandated. The consolidated balance sheet reflected substantial growth in total assets, which increased to ₹20,838.14 lakh as of March 31, 2026, from ₹14,285.81 lakh in the previous year.

Ashoka Metcast Limited has announced the resignation of Mrs. Riddhi Shah from her position as Company Secretary and Compliance Officer, effective 30th April, 2026. The company formally communicated this development to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mrs. Riddhi Shah, holding ACS membership number 70953, tendered her resignation on 30th April, 2026, citing her decision to pursue better career opportunities. The company has confirmed that there are no other material reasons for her departure beyond those mentioned.

Regulatory Compliance

The resignation was reported in accordance with Regulation 30 of SEBI Listing Regulations, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company provided all required details as per Schedule III of the Listing Regulations.

The formal communication was signed by Ashok Shah, Managing Director (DIN: 02467830), and included the resignation letter from Mrs. Shah as an annexure. In her resignation letter, Mrs. Shah expressed gratitude for the opportunities and support received during her tenure and requested the management to complete all necessary formalities including filing required forms with the Ministry of Corporate Affairs.

Company Information

Ashoka Metcast Limited is registered with CIN L46620GJ2009PLC057642 and has its registered office at 7th Floor, Ashoka Chambers, Opp. HCG Hospital, Mithakhali Six Roads, Mithakhali, Ahmedabad – 380006, Gujarat, India. The company's securities are listed on both BSE (Security Code: 540923) and NSE (Security Symbol: ASHOKAMET).