Birla Transasia FY26 net loss widens to Rs 96.89 lakh

Birla Transasia Carpets Limited has reported its financial results for the quarter and fiscal year ended March 31, 2026. The Board of Directors approved the audited standalone financial results during a meeting held on May 22, 2026.

Financial Performance

For the fiscal year 2026, the company recorded a net loss of Rs 96.89 lakh, widening from a net loss of Rs 0.20 lakh in the previous year. Total expenditure for the year rose significantly to Rs 96.89 lakh compared to Rs 0.20 lakh in FY25, primarily driven by other expenses. Revenue from operations remained nil for both the reported periods.

In the quarter ended March 31, 2026, the net loss stood at Rs 85.99 lakh, with other expenses amounting to Rs 85.99 lakh. The company reported no revenue from operations for the quarter as well.

Key Financial Metrics

The following table summarizes the standalone financial performance for the year and quarter ended March 31, 2026:

Particulars	Year Ended Mar 31, 2026 (₹ In Lakhs)	Year Ended Mar 31, 2025 (₹ In Lakhs)	Quarter Ended Mar 31, 2026 (₹ In Lakhs)
Total Expenditure	96.89	0.20	85.99
Net Profit / (Loss)	(96.89)	(0.20)	(85.99)
Basic EPS (Rs)	(0.68)	(0.00)	(0.61)

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at Rs 231.34 lakh, slightly up from Rs 230.34 lakh in the previous year. Equity share capital remained constant at Rs 283.50 lakh. However, the total equity and liabilities reflected a negative balance of Rs 2,798.72 lakh due to accumulated losses in other equity.

Borrowings remained unchanged at Rs 2,407.50 lakh, while trade payables increased to Rs 262.90 lakh from Rs 165.01 lakh in the prior year.

Birla Transasia Carpets Limited has approached the Bombay Stock Exchange (BSE) to update its corporate records regarding changes in the company's board composition. In a communication dated April 29, 2026, the company requested the BSE to record the resignations of two directors from its board.

Board Changes

The company disclosed details of two director resignations that require updating on the BSE portal. The first resignation pertains to Rameshwar Singh, who served as Director and resigned in the year 2006. The second resignation involves Ms. Pratiksha P Sonavane, who held the position of Independent & Non-Executive Director and resigned effective March 25, 2019.

Name of Directors	Designation	Date of Resignation
Rameshwar Singh	Director	Year 2006
Ms. Pratiksha P Sonavane	Independent & Non-Executive Director	March 25, 2019

Regulatory Filings

Regarding Ms. Pratiksha P Sonavane's resignation, the company has enclosed Form DIR-12 for reference and record. In her resignation letter dated March 25, 2019, Ms. Sonavane stated that she was resigning pursuant to subsection (1) of section 168 of the Companies Act, 2013, due to being disqualified by the Registrar of Companies under section 164(2). She expressed gratitude to her colleagues on the board for their support and guidance during her tenure.

For Rameshwar Singh's resignation in 2006, the company clarified that it does not have the ROC form on record, as filings during that period were made through physical submission rather than electronic means. The company has requested the BSE to update the corporate information tab accordingly with these details.

Company Details

Birla Transasia Carpets Limited, with CIN L17222UP1972PLC004772, operates from its registered office at 3A/246A, Flat No 2, Azad Nagar, Kanpur Nagar, Uttar Pradesh. The communication to BSE was digitally signed by Director Arun Kumar Singhi (DIN: 00309207) on April 29, 2026.