eastern treads has reported its standalone audited financial results for the quarter and year ended March 31, 2026. The company returned to profitability for the full year, posting a net profit of ₹8.56 lakh against a net loss of ₹303.12 lakh in the corresponding period of the previous year.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹61.22 lakh. In the same quarter of the previous year, the company had reported a net loss of ₹23.28 lakh. Total income from operations for the quarter decreased to ₹1,349.51 lakh from ₹1,600.42 lakh in the prior year.

The annual total income from operations rose to ₹6,275.95 lakh for the year ended March 31, 2026, up from ₹6,062.56 lakh in the previous year. Profit before exceptional items and taxes for the year was a loss of ₹199.21 lakh, which improved to a profit of ₹5.82 lakh after exceptional items. The paid-up equity share capital remained stable at ₹523.29 lakh.

Financial Performance Summary

The Board of Directors approved the financial results at its meeting held on May 20, 2026. The results were reviewed by the Audit Committee and subsequently audited by the statutory auditors. The extract of the financial results was published in newspapers on May 21, 2026.

eastern treads has appointed Mr. Karandeep Singh as an Additional Director in the category of Non-Executive Independent Director, effective from May 20, 2026. The appointment was based on the recommendation of the Nomination and Remuneration Committee. He will hold office until the conclusion of the ensuing Annual General Meeting, with a proposed tenure of five years from May 20, 2026, to May 19, 2031, subject to shareholder approval.

Mr. Karandeep Singh is a finance professional with over 30 years of experience, including roles as CFO and Finance Director at organizations such as Flipkart, Tesco Business Services, and Dell Services. He is a Chartered Accountant and a Gold Medallist in B.Com (Hons) from Delhi University. Currently, he serves as an Investor and Executive Director at Aspire Impact.

The Board of Directors, in its meeting held on May 20, 2026, also approved the audited standalone financial results for the quarter and financial year ended March 31, 2026. The company returned to profitability during the fiscal year, recording a net profit of ₹8.56 lakh against a net loss of ₹303.12 lakh in the previous year. This turnaround was supported by a gain on the extinguishment of financial liabilities amounting to ₹205.03 lakh, recognized as an exceptional item.

For the quarter ended March 31, 2026, the company posted a net profit of ₹61.22 lakh, compared to a net loss of ₹23.28 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter decreased to ₹1,345.23 lakh from ₹1,573.08 lakh in the same period last year. Total income for the quarter stood at ₹1,349.51 lakh.

On an annual basis, revenue from operations rose marginally to ₹6,241.11 lakh for FY26 from ₹6,023.29 lakh in FY25. Total income for the year increased to ₹6,275.95 lakh from ₹6,062.56 lakh in the previous year. The company reported a profit before tax of ₹5.82 lakh for the year, a significant improvement from the loss before tax of ₹378.41 lakh in the preceding year.

The following table summarizes the key financial figures for the financial year ended March 31, 2026:

The board also approved the re-appointment of M/s. RGN Price and Co., Chartered Accountants, Kochi as the Internal Auditors of the company for the financial year 2026-27. The statutory auditors, M/s. G Joseph & Associates, issued an unmodified opinion on the standalone audited financial statements for the year ended March 31, 2026.