Fonebox Retail Limited reported a 49.6% rise in net profit to ₹680.05 lakh for the financial year ended March 31, 2026, driven by a 56.1% increase in revenue from operations to ₹53,507.77 lakh. The company's Board of Directors approved the audited financial results for the year and the half-year ended March 31, 2026, during a meeting held on May 30, 2026. R K Kotadiya and Co LLP, the statutory auditors, issued an audit report with an unmodified opinion on the annual financial results.

Revenue from operations for the year grew from ₹34,273.26 lakh in the previous year, while total income stood at ₹53,507.77 lakh. The company reported a profit before tax of ₹946.47 lakh for FY26, compared to ₹630.13 lakh in the prior year. Earnings per share (basic and diluted) increased to ₹6.63 from ₹4.43 in the corresponding period last year.

Financial Performance

The company's expenses for the year totaled ₹52,561.30 lakh, up from ₹33,644.30 lakh in FY25. Purchases of stock in trade rose to ₹51,075.73 lakh from ₹31,729.92 lakh, while employee benefit expenses increased to ₹506.81 lakh from ₹338.77 lakh. Finance costs for the year amounted to ₹55.17 lakh, compared to ₹28.20 lakh in the previous year.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹13,309.43 lakh, an increase from ₹8,458.93 lakh in the previous year. Inventories constituted a significant portion of current assets at ₹7,211.74 lakh, while cash and cash equivalents rose to ₹2,850.83 lakh from ₹2,210.61 lakh. Shareholders' funds increased to ₹4,129.73 lakh from ₹3,449.67 lakh.

Cash flow from operating activities generated ₹1,120.15 lakh, compared to ₹602.64 lakh in the prior year. The company utilized ₹93.97 lakh in investing activities, primarily for the purchase of property, plant, and equipment. Financing activities resulted in a net outflow of ₹385.96 lakh, largely due to the repayment of short-term borrowings.

Procedural Details

The Board meeting commenced at 4.00 p.m. IST and concluded at 6.00 p.m. IST. In accordance with SEBI regulations, the trading window for dealing in the company's shares will reopen for promoters, connected persons, and designated persons on June 02, 2026. The financial results have been prepared in accordance with the Accounting Standards specified under Section 133 of the Companies Act, 2013.

fonebox retail disclosed related party transactions worth ₹6,107.92 lakh for the half year ended March 31, 2026. The filing, submitted to the National Stock Exchange of India Limited on May 30, 2026, details transactions with key managerial personnel, directors, and associated entities as required under Regulation 23(9) of the SEBI Listing Regulations.

The transactions encompass sales and purchases of goods and services, rent, remuneration, and sitting fees. Significant counterparties include Paradise Marcom Pvt Ltd, linked to Director & CFO Parth Lallubhai Desai, and Phonewale Limited, associated with Directors Manishbhai Girishbhai Patel and Amitkumar Gopalbhai Patel. The company also recorded transactions with V9 Gadgets LLP and Bandhan Foods Pvt. Ltd.

Remuneration and sitting fees were paid to key management personnel and independent directors. Amitbhai Patel, Managing Director, received ₹7.50 lakh, while Executive Directors Manishbhai G Patel and Parthbhai L Desai received ₹7.50 lakh each. Independent Directors Ayushi K Shah, Bhavisha Kunal Chauhan, and Jaykumar Deepak Khatnani were paid sitting fees of ₹0.17 lakh each.

Rent transactions were recorded with various parties, including promoters and directors. Jigar Desai, a director relative and promoter, accounted for ₹2.03 lakh, while Manishbhai G Patel recorded ₹3.24 lakh. Rent deposits and loan repayments were also part of the disclosed activities, with Krusha H Chhatbar, Company Secretary, repaying a loan of ₹0.52 lakh.

The table below summarizes the key related party transactions for the reporting period:

The disclosure was signed by Krusha Harshadbhai Chhatbar, Company Secretary & Compliance Officer, and submitted for the exchange's information and record.