Bloom Dekor Limited reported its audited standalone financial results for the fiscal year ended March 31, 2026. The company, currently under the Corporate Insolvency Resolution Process (CIRP), recorded a net loss of ₹87.57 lakh for the year, an improvement from the net loss of ₹103.45 lakh in the previous year. Revenue from operations for FY26 stood at ₹515.77 lakh, up from ₹451.78 lakh in FY25.

Financial Performance

The company's total income for the year rose to ₹522.78 lakh from ₹456.14 lakh in the prior year. Total expenses increased to ₹640.38 lakh compared to ₹594.58 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹22.55 lakh, while revenue from operations was ₹137.98 lakh.

Audit Qualifications

The statutory auditors, Parikh & Majmudar, issued a modified opinion on the financial results. The qualifications relate to trade payables in foreign currency outstanding for more than three years amounting to ₹150.66 lakh, where the company is evaluating compliance with the Foreign Exchange Management Act, 1999. Additionally, the company did not make a provision for interest on inter-corporate deposits taken from an NBFC, which would have increased the loss for the year by ₹4.50 lakh.

Corporate Insolvency Resolution Process

Bloom Dekor Limited remains under CIRP as per the order of the National Company Law Tribunal, Ahmedabad Bench dated October 11, 2023. The Resolution Professional has filed an application for the approval of the resolution plan, which is pending adjudication before the NCLT. The auditors noted that the company's net worth is negative, casting significant doubt on its ability to continue as a going concern.

Bloom Dekor Limited has announced the scheduling of a board meeting on May 25, 2026, in compliance with Regulation 29, to consider the company's financial results for the fourth quarter of FY26 (Q4 FY26).

Board Meeting Details

The following key details have been disclosed regarding the upcoming board meeting:

Regulatory Compliance

The intimation has been issued in accordance with Regulation 29, which mandates listed companies to notify stock exchanges in advance of board meetings where financial results are to be considered. This ensures timely and transparent communication with investors and market participants regarding material corporate developments.