Ashoka Refineries Limited reported a narrowed net loss of ₹15.50 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹16.68 lakh in the previous year. The company's revenue from operations declined significantly to ₹3.64 lakh in FY26 from ₹31.34 lakh in FY25, primarily due to reduced business activities. The Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026.

Financial Performance

The company's total income for FY26 stood at ₹3.64 lakh, a sharp decrease from ₹31.34 lakh in the previous year. Total expenses for the year reduced to ₹19.14 lakh from ₹48.02 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹4.14 lakh on revenue of ₹0.84 lakh. The basic and diluted earnings per share (EPS) for FY26 were recorded at a loss of ₹0.39, compared to a loss of ₹0.43 in the prior year.

Auditor's Report and Compliance

M/s. Batra Deepak & Associates, Chartered Accountants, the statutory auditors, issued an audit report with an unmodified opinion on the standalone audited financial results. The report confirms that the financial statements present a true and fair view in conformity with Indian Accounting Standards (Ind AS). The financial results were reviewed by the Audit Committee and subsequently adopted by the Board.

Cash Flow and Balance Sheet Position

The company's cash and cash equivalents decreased to ₹12.39 lakh as of March 31, 2026, from ₹29.59 lakh in the previous year. Net cash from operating activities was negative at ₹17.18 lakh for FY26. The total assets of the company stood at ₹265.46 lakh, while total equity and liabilities amounted to ₹265.46 lakh as of March 31, 2026.

Ashoka Refineries Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the mandatory compliance certificate on April 6, 2026, through its Company Secretary and Compliance Officer, Garima Mogha. The filing pertains to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which governs the dematerialization process and related compliance requirements.

Registrar Confirmation

Beetal Financial & Computer Services Pvt. Ltd., serving as the company's SEBI-approved registrar and share transfer agent, issued the confirmation certificate dated April 3, 2026. The registrar holds SEBI registration number INR 000000262 as a category I registrar and share transfer agent.

The certificate confirms several key compliance aspects:

• Securities received from depository participants for dematerialization during the quarter were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where previously issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the prescribed 15-day timeline

Corporate Information

The filing represents part of the company's ongoing regulatory compliance obligations, ensuring transparency in share transfer and dematerialization processes. The certificate was signed by Punit Mittal, General Manager at Beetal Financial & Computer Services Pvt. Ltd., confirming the accuracy of the compliance statement for the quarter ended March 31, 2026.