Aveer Foods Limited reported a net profit of ₹356.28 lakh for the financial year ended March 31, 2026, compared to ₹393.91 lakh in the previous year. Revenue from operations for the year increased to ₹14,324.60 lakh from ₹10,851.89 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹36.70 lakh on revenue of ₹3,523.09 lakh. The board has recommended a final dividend of ₹0.25 per equity share of ₹10 each (2.5%) for FY26, subject to shareholder approval.

The board meeting, held on May 28, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. Statutory auditors M/s SBH & Co Chartered Accountants issued an unmodified opinion on the results. The company also recommended the appointment of M/s Satish & Satish Company Secretaries as the secretarial auditor for a period of five years, subject to member approval at the ensuing Annual General Meeting.

Financial Performance

The company's total assets stood at ₹6,929.73 lakh as of March 31, 2026, up from ₹4,488.48 lakh in the previous year. Equity and liabilities increased to ₹6,929.73 lakh, driven by a rise in share capital to ₹448.04 lakh following the conversion of warrants. Other equity stood at ₹4,651.51 lakh.

Fund Utilisation

The company confirmed that there was no deviation in the utilization of funds raised through a preferential issue. The total amount raised was ₹26,00,00,050, with ₹25,00,00,000 utilized for the acquisition of M/s Kamal Industries and ₹1,00,00,050 for working capital requirements. The balance of 75% of the issue price was received during the quarter ended March 31, 2026 upon conversion of warrants.

Aveer Foods has confirmed to the Bombay Stock Exchange that it is not required to disclose related party transactions for the financial year ended March 31, 2026. This exemption is granted under Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which applies to listed entities with specific financial metrics.

The regulation stipulates that the disclosure requirements are not applicable to entities whose paid-up equity share capital does not exceed ₹10 Crores and whose net worth does not exceed ₹25 Crores as on the last day of the previous financial year. According to the company's last audited financial results for the year ended March 31, 2025, both its paid-up share capital and net worth are less than these prescribed limits.

Consequently, the furnishing of particulars of related party transactions under Regulation 23(9) is not applicable to Aveer Foods for the year ended March 31, 2026. The company has assured the exchange that it will comply with the relevant provisions within six months of becoming aware that the financial thresholds have been met.

The submission was made by Tejashree Wagholikar, Company Secretary & Compliance Officer, on May 28, 2026. The notification was addressed to the Corporate Services Department of the exchange to ensure the information is made available to stakeholders.

Key Financial Thresholds

The exemption is effective based on the audited financial results for FY25, confirming that the company remains outside the scope of these specific disclosure obligations for FY26.