Ekansh Concepts reports net loss in FY26, CFO resigns
Ekansh Concepts reported a consolidated net loss of ₹304.22 lakh for FY26 against a net profit of ₹191.78 lakh in FY25, with total income dropping to ₹3,109.32 lakh. The Board approved the financial results on May 25, 2026. Concurrently, the company announced the resignation of CFO Mr. Mahesh Kumar Birla effective May 30, 2026, and appointed Mrs. Neha Beriwala as the new CFO from June 01, 2026. The Statutory Auditors issued an unmodified opinion on the results.

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Ekansh Concepts reported a consolidated net loss of ₹304.22 lakh for the financial year ended March 31, 2026, reversing from a net profit of ₹191.78 lakh in the previous year. The company's total income declined to ₹3,109.32 lakh from ₹4,626.60 lakh in FY25, primarily due to reduced income from operations. Separately, the company disclosed the resignation of its Chief Financial Officer (CFO), Mr. Mahesh Kumar Birla, effective from the close of business hours on May 30, 2026, due to personal reasons.
Financial Performance
The Board of Directors approved the audited standalone and consolidated financial results on May 25, 2026. The standalone results for FY26 reflected a net loss of ₹304.58 lakh, compared to a net profit of ₹188.61 lakh in the prior year. For the quarter ended March 31, 2026, the standalone net loss was ₹182.71 lakh, while the consolidated net loss was ₹171.60 lakh.
Key Financial Metrics (Standalone)
| Particulars | Year Ended March 31, 2026 (₹ in Lakhs) | Year Ended March 31, 2025 (₹ in Lakhs) |
|---|---|---|
| Total Income | 3,109.32 | 4,626.60 |
| Income from Operations | 2,693.69 | 3,931.78 |
| Other Income | 415.63 | 694.82 |
| Total Expenses | 3,423.80 | 4,382.27 |
| Profit/(Loss) Before Tax | (314.48) | 244.33 |
| Net Profit/(Loss) | (304.58) | 188.61 |
Management Changes
The resignation of Mr. Mahesh Kumar Birla was intimated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board expressed appreciation for his services. Consequently, the Board appointed Mrs. Neha Beriwala as the new CFO effective June 01, 2026. Mrs. Beriwala is a Chartered Accountant with over 8 years of experience in Indirect Taxation, Compliance Management, Financial Controls, and Risk Assessment. Additionally, the company accepted the resignation of Mr. Hanuman Patel as Company Secretary & Compliance Officer effective March 26, 2026, and appointed Mrs. Diksha Chandaliya to the role effective May 26, 2026.
Audit and Compliance
The Statutory Auditors, Pramod K. Sharma & Co., issued an unmodified opinion on the audited standalone and consolidated financial results. The Board approved the appointment of M/s. Tibrewal Chand & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-2027, effective June 01, 2026. The financial results were prepared in compliance with Indian Accounting Standards (Ind-AS).
Historical Stock Returns for Ekansh Concepts
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.05% | -4.29% | -10.31% | +3.21% | -2.03% | +642.41% |
What specific factors led to the significant decline in income from operations, and are these headwinds expected to persist into FY27?
How will the appointment of a new CFO with a background in indirect taxation and risk assessment influence the company's strategy to reverse the financial downturn?
What cost-cutting measures or operational adjustments does the new management team intend to implement to restore profitability?


































