Croissance Limited reported a standalone net profit of ₹5.43 lakh for the financial year ended March 31, 2026, a significant increase from ₹0.34 lakh in the previous year. Revenue from operations for the year rose to ₹60.68 lakh, compared to ₹10.47 lakh in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 26, 2026.

Financial Performance

The company’s total revenue for FY26 stood at ₹80.90 lakh, up from ₹16.61 lakh in the prior year. Total expenses for the period were ₹73.50 lakh, compared to ₹15.57 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹0.66 lakh on a total revenue of ₹27.70 lakh. Earnings per share (EPS) for the year was reported at ₹0.01 on a basic and diluted basis.

Audit Qualifications

YCRJ & Associates, the statutory auditors, issued a qualified opinion on the standalone financial results. The qualifications highlight that current assets include loans and advances of ₹719.85 lakh and trade receivables of ₹381.01 lakh, which have been outstanding for more than two to three years without provision for expected credit loss. Additionally, current liabilities include trade payables of ₹217.96 lakh outstanding for over three years and customer advances of ₹486.00 lakh unadjusted for over two years. The auditors also noted that recognized revenue includes unbilled revenue of ₹52.80 lakh and other income of ₹20.22 lakh for which adequate documentation was not available.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹5.09 lakh for FY26, compared to ₹0.01 lakh in the previous year. Total revenue for the group was ₹80.90 lakh. The auditors also issued a qualified opinion on the consolidated results, citing the inclusion of unaudited financial results of subsidiary Delicieux Restaurants Private Limited and similar asset and liability concerns as in the standalone results.

Board Appointments

The board appointed M/s. Ravi & Co., Chartered Accountant as Internal Auditors and M/s. P B & Associates as Secretarial Auditor for the financial year 2026-27. The trading window for designated persons remains closed until 48 hours after the declaration of financial results.

Croissance Limited has notified BSE Limited of an upcoming Board of Directors meeting, scheduled for Friday, May 8, 2026, at 5:00 PM at the company's registered office located at 306, 1st Floor, 17th Cross, 2nd Block, RT Nagar, Bengaluru 560032, Karnataka. The intimation was filed on May 7, 2026, in compliance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to address the following key items:

• Audited Financial Results for the Quarter and Financial Year ended March 31, 2026
• Any other business with the permission of the Chair

The following table summarizes the key details of the scheduled board meeting:

Trading Window Closure

In connection with the upcoming declaration of financial results, Croissance Limited has confirmed that the trading window for dealing in the company's securities by designated persons, their immediate relatives, and all connected persons covered under the Company's Code of Conduct remains closed from April 1, 2026. The trading window will continue to remain closed until 48 hours after the declaration of the results, in line with applicable insider trading regulations.

The intimation was signed by Sravan Prabhakar Veledandi, Managing Director (DIN: 02757599), on behalf of Croissance Limited.