Pacific Industries reported a 62.7% decline in consolidated net profit to ₹198.93 crore for the financial year ended March 31, 2026, compared to ₹764.76 crore in the previous year. Revenue from operations fell 36.8% to ₹15,446.68 crore from ₹24,445.17 crore in FY25. The company’s total income for the year stood at ₹16,096.87 crore, down from ₹25,711.64 crore in the prior year.

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹36.79 crore, a significant decrease from ₹231.24 crore in the same quarter last year. Revenue from operations for the quarter was ₹3,853.26 crore, lower than the ₹5,960.72 crore recorded in the corresponding period of the previous year. Total expenses for the year decreased to ₹15,944.11 crore from ₹24,749.08 crore in FY25.

Board Approvals and Auditor Declaration

The Board of Directors approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. Kapil Agarwal, Executive Director & CFO, declared that the statutory auditors issued an independent audit report with an unmodified opinion on the standalone and consolidated financial results. Ravi Sharma & Co., Chartered Accountants, audited the standalone results, while the consolidated results included the financials of wholly owned subsidiaries Gaze Fashiontrade Limited, Gist Minerals Technologies Limited, and Taanj Quartz INC.

The Board also re-appointed M/s. Pachori Rupesh & Associates as the Internal Auditor for the financial year 2026-27. The firm has no relationship with the company's directors.

Financial Performance

The standalone financial results showed a net profit of ₹196.01 crore for FY26, down from ₹525.46 crore in the previous year. Standalone revenue from operations for the year was ₹15,446.68 crore, compared to ₹24,445.17 crore in FY25. The company’s earnings per share (EPS) on a consolidated basis for the year stood at ₹2.89, down from ₹11.10 in the previous year.

Disclosures and Notes

The company noted that some physical share scripts have been transferred to the Investor Education & Protection Fund (IEPF) due to misplacement, and dividends on these scripts have not been accrued. The Income Tax Department completed an assessment following a search and survey in February 2023, and the company has filed an appeal against the demand raised; the matter is pending before CIT (Appeals)/ITAT. Additionally, a MAT Credit entitlement of ₹90.46 lakh from earlier years was recognized and utilized against tax liability in the current year.

Pacific Industries Limited has scheduled a meeting of its Board of Directors for Thursday, May 28, 2026. The meeting will be held at 05:00 PM at the company's Registered Office located in Village - Bedla, Udaipur – 313011.

Agenda for the Meeting

The primary agenda for the board meeting is to consider and adopt the Audited Standalone and Consolidated Financial Results of the company. These results pertain to the quarter and financial year ended on March 31, 2026.

Trading Window Closure

In accordance with the Company's Code of Conduct for Prevention of Insider Trading and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company has been closed since April 01, 2026. This window will remain closed until 48 hours after the declaration of the aforementioned financial results.

Key Meeting Details

The Board may also consider any other business with the permission of the Chair during the meeting.