Gautam Gems Limited reported a net profit of ₹40.68 lakh for the quarter ended March 31, 2026, driven by revenue from operations of ₹2,022.29 lakh. For the financial year ended March 31, 2026, the company recorded a net profit of ₹70.13 lakh, a significant increase from the previous year's ₹28.43 lakh. The board approved the audited financial results for the fourth quarter and fiscal year 2026 during a meeting held on May 28, 2026.

The company's total income for Q4FY26 stood at ₹2,074.27 lakh, while total expenses were ₹2,018.10 lakh. For the full year, total income reached ₹8,029.16 lakh against total expenses of ₹7,934.54 lakh. The basic earnings per share for continuing operations for the year was ₹0.16, up from ₹0.07 in the previous year.

Financial Performance

The Statement of Profit & Loss highlights the following key figures for the period:

The balance sheet as of March 31, 2026, shows total assets at ₹7,425.40 lakh, compared to ₹7,109.34 lakh in the previous year. Total equity increased to ₹5,198.15 lakh from ₹5,127.43 lakh, while total liabilities rose to ₹2,227.26 lakh from ₹1,981.91 lakh.

Auditor's Observations

M/s. Shah Karia & Associates, Statutory Auditors, issued an unmodified opinion on the financial results. However, the auditor's report noted several matters requiring attention. Trade receivables, loans, advances, and trade payables outstanding for more than three years are under dispute and subject to litigation, with the auditor unable to comment on their realizable value. Additionally, the company has not paid Tax Deducted at Source (TDS) to government authorities in due course, resulting in non-compliance regarding statutory dues. The report also noted that miscellaneous expenditure not to be written off was not disclosed as per IND AS.

Regulatory Disclosures

Pursuant to Regulation 33 of the SEBI Listing Regulations, the company submitted the audited financial results along with the auditors' reports. The trading window for insiders remained closed until 48 hours after the declaration of the financial results. The company also clarified a clerical error in the previously submitted results, where financial year figures were erroneously reported for the previous year's quarter ended March 31, 2025, which has now been corrected without impacting current period figures.

Gautam Gems Limited has scheduled a meeting of its Board of Directors for Thursday, May 28, 2026. The primary agenda for the meeting is to consider and approve the audited standalone financial results of the company for the quarter and financial year ended March 31, 2026.

Agenda for the Meeting

The board will deliberate on the financial performance for the specified period. Along with the results, the directors will consider other connected matters. The meeting also includes a provision to take up any other business with the permission of the Chair.

Trading Window Closure

In accordance with the company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders, the trading window for dealing in the securities of the company was closed from April 1, 2026. This closure was previously intimated via a letter dated March 21, 2026.

The company stated that the trading window will reopen 48 hours after the declaration of the audited standalone financial results for the quarter and financial year ended March 31, 2026.

Key Details