Olympic Management narrows FY26 loss to ₹14.44 lakh
Olympic Management & Financial Services Limited narrowed its net loss to ₹14.44 lakh for FY26 from ₹45.40 lakh in FY25, while revenue from operations increased to ₹12.85 lakh. The Board approved the audited results on May 28, 2026, and fixed September 24, 2026, as the date for the 42nd AGM.
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Olympic Management & Financial Services Limited narrowed its net loss to ₹14.44 lakh for the year ended March 31, 2026, compared to a loss of ₹45.40 lakh in the previous year. The company’s revenue from operations for the year rose to ₹12.85 lakh from ₹5.15 lakh in FY25. The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.
The statutory auditors, M/s. R K Khandelwal, Chartered Accountants, provided an unmodified opinion on the standalone audited financial results. The results were reviewed by the Audit Committee and taken on record by the Board. For the quarter ended March 31, 2026, the company reported a net loss of ₹8.88 lakh, widening from a loss of ₹8.83 lakh in the corresponding quarter of the previous year.
Financial Performance
The company’s total income for FY26 stood at ₹18.33 lakh, up from ₹14.15 lakh in the prior year. Total expenses for the year decreased to ₹17.62 lakh from ₹47.02 lakh in FY25. The basic and diluted earnings per share (EPS) for the year improved to a loss of ₹0.48, compared to a loss of ₹1.51 in the previous year.
| Particulars | Year Ended 31.03.2026 (₹ in Lacs) | Year Ended 31.03.2025 (₹ in Lacs) |
|---|---|---|
| Revenue from Operations | 12.85 | 5.15 |
| Total Income | 18.33 | 14.15 |
| Total Expenses | 17.62 | 47.02 |
| Profit/Loss for the period | (14.44) | (45.40) |
Board Decisions and AGM
The Board has not recommended any dividend for the year ended March 31, 2026. The company fixed September 24, 2026, as the date for the 42nd Annual General Meeting, which will be held at 4.00 p.m. at Indo American Society Kitab Mahal in Mumbai. The Board also approved the notice for the AGM and the Directors' Report for the year.
The register of members and share transfer books will remain closed from September 18, 2026, to September 24, 2026, for the purpose of the AGM. Mr. Manthan Kishor Negandhi was appointed as the scrutinizer for the meeting. The Board also considered the non-applicability of the Annual Secretarial Compliance Report for FY 2025-26 and reviewed various revised policies.
Regulatory Disclosures
Olympic Management & Financial Services Limited published the audited financial results for the quarter and year ended March 31, 2026, in Free Press Journal and Navshakti on May 30, 2026. This publication was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What specific strategic initiatives drove the significant reduction in total expenses during FY26?
Can the revenue growth momentum be sustained into FY27 to potentially achieve profitability?
How does the company plan to address the widening net loss in the final quarter despite the full-year improvement?
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