Iconik Sports and Events Limited has closed its trading window for dealing in the company's securities, effective from July 1, 2026. The window will remain shut until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. This measure is in accordance with the company's Code of Conduct for Prevention of Insider Trading adopted under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The restriction applies to all designated persons, their immediate relatives, and all connected persons covered under the company's code of conduct. The company stated that these individuals have been intimated not to trade in the securities during the closure period. The Board Meeting to consider and approve the unaudited financial results will be scheduled, and a separate intimation regarding the notice of the meeting will be sent to the stock exchange.

The decision to close the trading window is a standard compliance procedure to ensure that no insider trading takes place while the company is in the process of finalizing its quarterly financial results. The unaudited financial results for the quarter ending June 30, 2026, are currently being prepared and will be announced in due course.

Iconik Sports and Events reported a 66.6% increase in net profit to ₹433.56 lakh for the financial year ended March 31, 2026, compared to ₹260.22 lakh in the previous year. Revenue from operations surged to ₹4,550.67 lakh for FY26, a significant rise from ₹1,271.19 lakh in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026.

Financial Performance

The company's total revenue for the year stood at ₹4,582.39 lakh, up from ₹1,271.19 lakh in the prior year. For the quarter ended March 31, 2026, net profit was ₹114.47 lakh, while revenue from operations reached ₹1,835.38 lakh. Total expenses for the year increased to ₹4,000.52 lakh from ₹923.62 lakh in FY25, driven largely by other expenses which rose to ₹3,975.87 lakh.

Key Metrics and Reserves

The board also approved the re-appointment of M/s. Garg Ashok & Company, Chartered Accountants, as Internal Auditor for FY27. Paid-up equity share capital increased to ₹3,384.20 lakh in FY26 from ₹1,965.70 lakh in the previous year. Reserves excluding revaluation reserves stood at ₹3,585.67 lakh as of March 31, 2026.

Auditor's Report and Corporate Actions

M/s. D G M S & Co., Chartered Accountants, the Statutory Auditors, issued an unmodified opinion on the standalone financial results. Additionally, the board approved the shifting of the registered office from Unit No. 104, Mahinder Chambers, Chembur, to Office 306, Laxmi Business Park, Oshiwara, Andheri West, Mumbai.