Divyashakti Limited reported a 59% decline in net profit to ₹104.96 crore for the financial year ended March 31, 2026, compared to ₹253.59 crore in the previous year. Revenue from operations fell to ₹3,475.63 crore from ₹6,387.22 crore in FY25. The company resubmitted its audited financial results to the exchange after an inadvertent omission of the authorised signatory's signature.

The company submitted the signed audited financial results for the quarter and year ended March 31, 2026, to the Stock Exchange, Mumbai, on May 30, 2026. The initial submission on May 23, 2026, lacked the signature due to an oversight. The company confirmed there is no change in the financial figures or disclosures already submitted.

For the quarter ended March 31, 2026, the company reported a net profit of ₹7.50 crore, a significant decrease from ₹47.24 crore in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹871.14 crore, down from ₹1,826.80 crore in the corresponding period last year.

Financial Performance

The statutory auditors, Pavuluri & Co Chartered Accountants, issued an audit report with an unmodified opinion on the financial results. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 23, 2026.

Balance Sheet Highlights

The company's net worth stood at ₹12,323.27 lakh as of March 31, 2026, compared to ₹12,419.91 lakh in the previous year. Total assets decreased to ₹21,352.21 lakh from ₹22,081.48 lakh. The debt-equity ratio was reported at 0.027 for FY26.

Cash and cash equivalents at the end of the year were ₹32.24 lakh, a sharp decline from ₹106.62 lakh in the prior year. The company paid a dividend of ₹205.38 lakh during the year.

Divyashakti Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a net profit of ₹7.50 lakh for the fourth quarter of FY26, a decline compared to ₹47.24 lakh in the corresponding quarter of the previous year. Total revenue for the quarter stood at ₹1,085.73 lakh, down from ₹1,845.07 lakh in Q4 FY25. The board of directors approved the results at a meeting held on May 23, 2026.

Financial Performance for Q4 FY26

The decline in quarterly profitability was driven by reduced revenue across both product sales and traded goods. Sale of products amounted to ₹535.04 lakh, while sale of traded goods contributed ₹336.10 lakh. Other income for the quarter was recorded at ₹871.14 lakh. Total expenses for the period aggregated to ₹1,070.25 lakh.

Annual Results for FY26

For the full financial year ended March 31, 2026, Divyashakti Granites achieved a net profit of ₹104.96 lakh, a decrease from ₹253.59 lakh in the previous fiscal year. Total revenue for the year was ₹3,906.20 lakh, compared to ₹6,835.94 lakh in FY25.

Key Financial Metrics

The company's earnings per share (EPS) for the year ended March 31, 2026, stood at ₹1.02, down from ₹2.47 in the prior year. The net worth as of March 31, 2026, was reported at ₹12,323.27 lakh. The debt-equity ratio for the year was 0.027.

Auditor's Report

The standalone financial results were audited by Pavuluri & Co., Chartered Accountants. The auditors issued an audit report with an unmodified opinion, stating that the financial results give a true and fair view of the company's net profit and other comprehensive income in conformity with Indian Accounting Standards (Ind AS).