Callista Industries narrows FY26 loss to ₹0.31 lakh
Callista Industries Limited turned profitable in Q4FY26 with a net profit of ₹56.10 lakh, compared to a loss of ₹61.28 lakh in the previous year. For the full fiscal year, the company reduced its net loss to ₹0.31 lakh from ₹63.12 lakh in FY25. Total income for the quarter rose to ₹57.00 lakh, driven by other income, while total expenses dropped significantly. The board approved the audited results on May 28, 2026, noting an unmodified audit report and material disclosures including inventory write-offs and revised managerial remuneration.
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Callista Industries Limited reported a profit of ₹56.10 lakh for the quarter ended March 31, 2026, compared to a loss of ₹61.28 lakh in the same period last year. The company significantly narrowed its net loss for the full fiscal year FY26 to ₹0.31 lakh from ₹63.12 lakh in the previous year. The board approved the audited financial results for the quarter and financial year ended March 31, 2026, at a meeting held on May 28, 2026.
Financial Performance
The company recorded a total income of ₹57.00 lakh for the quarter ended March 31, 2026, up from ₹0.04 lakh in the corresponding period of the previous year. Other income for the quarter stood at ₹57.00 lakh. Total expenses for the quarter were ₹0.90 lakh, significantly lower than the ₹61.32 lakh reported in the same quarter of the previous year.
For the year ended March 31, 2026, total income was ₹71.56 lakh, compared to ₹0.04 lakh in the previous year. Total expenses for the year increased to ₹71.87 lakh from ₹63.15 lakh in the prior year.
Key Metrics and Disclosures
The board noted that the statutory auditors, M/s. Ramanand & Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the audited financial results for the financial year ended March 31, 2026. The meeting commenced at 6:00 p.m. and concluded at 6:30 p.m.
Material disclosures included the full write-off of closing stock as the inventory was deemed obsolete and not expected to yield future economic benefits. Additionally, the management reassessed managerial remuneration payable to a director in view of the loss incurred during Q4 of FY26. Consequently, the remuneration was revised from ₹42 Lakhs to ₹12 Lakhs, with the excess amount of ₹30 Lakhs repaid by the director during the quarter.
Financial Results Summary
| Metric | Q4FY26 (₹ in Lacs) | Q4FY25 (₹ in Lacs) | FY26 (₹ in Lacs) | FY25 (₹ in Lacs) |
|---|---|---|---|---|
| Total Income | 57.00 | 0.04 | 71.56 | 0.04 |
| Total Expenses | 0.90 | 61.32 | 71.87 | 63.15 |
| Net Profit/(Loss) | 56.10 | (61.28) | (0.31) | (63.12) |
| Basic EPS (Rs.) | 1.84 | (2.01) | (0.01) | (2.07) |
What operational strategies will Callista Industries implement to sustain profitability after the one-time inventory write-off?
How does the company plan to generate recurring revenue given that FY26 income was primarily driven by 'other income'?
Will the reduction in director remuneration become a permanent cost-control measure or a temporary adjustment?
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