Innocorp narrows FY26 net loss to ₹4.19 lakh
Innocorp Limited narrowed its net loss to ₹4.19 lakh for FY26 from ₹37.64 lakh in the previous year, with income from operations reaching ₹21.25 lakh. The Board approved the audited results on May 27, 2026, and auditors issued an unmodified opinion. Total assets increased to ₹679.56 lakh, supported by new borrowings.
*this image is generated using AI for illustrative purposes only.
Innocorp Limited narrowed its net loss to ₹4.19 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹37.64 lakh in the previous year. The company reported income from operations of ₹21.25 lakh for FY26, while total expenses for the year stood at ₹21.09 lakh, down from ₹24.37 lakh in FY25.
The Board of Directors approved the audited financial results for the fourth quarter and year ended March 31, 2026, at a meeting held on May 27, 2026. The audit committee reviewed the results, which were prepared in accordance with the Indian Accounting Standards (Ind-AS). The company operates in a single segment.
For the quarter ended March 31, 2026, the company reported a net loss of ₹1.51 lakh. Total expenses for the quarter were ₹2.64 lakh. The paid-up equity share capital remained constant at ₹794.14 lakh, with a face value of ₹10 per share.
The auditors, M.N. Rao & Associates LLP, issued an unmodified opinion on the annual financial results. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013. The auditors confirmed that the financial results give a true and fair view of the company's financial performance.
Financial Results for FY26
| Particulars | Year Ended 31st March, 2026 (₹ in Lakhs) | Year Ended 31st March, 2025 (₹ in Lakhs) |
|---|---|---|
| Income from operations (net) | 21.25 | - |
| Total Income | 21.25 | - |
| Total Expenses | 21.09 | 24.37 |
| Profit Before Tax | 0.16 | (24.37) |
| Net Profit For The Period | (4.19) | (37.64) |
| Earnings per share (Basic) | (0.05) | (0.47) |
Balance Sheet Highlights
The company's total assets increased to ₹679.56 lakh as of March 31, 2026, from ₹287.84 lakh in the previous year. This increase was primarily driven by a rise in current assets, which included loans and advances of ₹450 lakh. Total equity and liabilities stood at ₹679.56 lakh, with current liabilities rising to ₹452.19 lakh, largely due to borrowings of ₹383 lakh.
Cash Flow Statement
Net cash generated from financing activities was ₹383.00 lakh, attributed to proceeds from borrowings. Cash generated from operations was negative at ₹382.81 lakh. Cash and cash equivalents at the end of the year stood at ₹0.65 lakh.
How does the company plan to utilize the recent ₹383 lakh in borrowings to achieve sustained profitability?
What strategic initiatives will be implemented to address the negative cash flow from operations?
Are there plans to diversify revenue streams beyond the current single operational segment?
16
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
