Panther Industrial Products reported a net loss of ₹23.06 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹45.76 lakh in the previous year. The company’s standalone audited financial results for the quarter and year ended March 31, 2026, were approved by the Board of Directors on May 27, 2026. The audit report was submitted by M/s Rajesh H. Gupta & Co., Chartered Accountants, the statutory auditors.

Total income for the year stood at ₹0.11 lakh, a significant decline from ₹20.18 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹7.91 lakh compared to a loss of ₹5.10 lakh in the corresponding quarter of the previous year. Equity share capital remained unchanged at ₹140 lakh, while reserves excluding revaluation reserve were reported at a negative ₹41.91 lakh.

The independent auditor’s report confirmed that the standalone financial results present a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards. The audit was conducted in accordance with the Standards on Auditing specified under section 143(10) of the Companies Act, 2013.

However, the auditor drew attention to specific disclosures regarding the company’s financial position. A liability of sales amounting to ₹18,20,74,600 outstanding for more than 15 years was reflected in the accounts. In the absence of sufficient appropriate audit evidence regarding the existence and completeness of these balances, the auditor stated they were unable to determine whether any adjustments are required.

Additionally, the auditor noted that the company has continued to carry investments at historical cost or book value without appropriate fair valuation, as per the requirement of IAS 100. The absence of adequate valuation and supporting documentation prevented the auditor from determining the impact of such non-compliance. The company is currently in the process of amalgamation with Shivang Edibles Oils Limited.

Financial Summary

Panther Industrial Products Limited has scheduled a meeting of its Board of Directors for Wednesday, May 27, 2026. The meeting will be held at 4:00 pm at First Floor, Radha Bhavan, 121, Nagindas Master Road, Fort, Mumbai-400001.

The primary agenda for the board meeting is to consider and approve the audited financial results of the company for the quarter and financial year ended March 31, 2026. The board will also discuss other items listed on the agenda.

Trading Window Closure

In compliance with regulatory requirements, the trading window for dealing in the securities of the company remains closed. This restriction applies to all directors, officers, designated persons, and their immediate relatives. The window will stay closed until the end of 48 hours after the audited financial results for the quarter and financial year ended March 31, 2026 are approved by the Board of Directors and filed with the Stock Exchange.

Key Meeting Details