Paras Petrofils Limited disclosed that its promoter group did not encumber any shares, directly or indirectly, during the financial year ended March 31, 2026. The declaration, submitted to the stock exchanges, confirms that no shares were pledged by the promoters or persons acting in concert throughout the period.

The disclosure was made by Deepak Vaidya, Whole-time Director, on behalf of the promoter group. The filing was forwarded to the National Stock Exchange of India Ltd., BSE Limited, and The Calcutta Stock Exchange Ltd. on June 9, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The company stated that the disclosure was furnished pursuant to the provisions of the regulations. The document was signed by Pratibha Bhutra, Company Secretary & Compliance Officer, on June 11, 2026.

Key Disclosure Details

Paras Petrofils Limited reported a net loss of ₹35.37 lakh for the financial year ended March 31, 2026, reversing the net profit of ₹7.82 lakh recorded in the previous year. The company's financial results, audited by statutory auditor M/s R M R & Co., were approved by the Board of Directors on May 30, 2026. The absence of revenue from operations and a significant rise in expenses contributed to the downturn in profitability. The company published a newspaper advertisement regarding these audited financial results in the Financial Express on June 2, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.

The company recorded nil revenue from operations for both the quarter and the full year ended March 31, 2026. Total income for the year was derived entirely from other income, which rose marginally to ₹149.82 lakh from ₹140.08 lakh in the prior year. However, total expenses surged to ₹185.19 lakh in FY26, up from ₹130.82 lakh in FY25, driven primarily by other expenses which climbed to ₹183.27 lakh from ₹129.81 lakh.

For the quarter ended March 31, 2026, Paras Petrofils reported a net loss of ₹128.51 lakh, widening from the loss of ₹81.11 lakh in the corresponding quarter of the previous year. Total expenses for the quarter jumped to ₹165.86 lakh from ₹114.20 lakh a year ago. Other income for the quarter stood at ₹37.35 lakh, slightly higher than the ₹34.54 lakh reported in the same period last year.

The basic and diluted earnings per share (EPS) for the year ended March 31, 2026, stood at (₹0.01) and ₹0.00 respectively, compared to ₹0.00 for both metrics in the previous year. The balance sheet size contracted slightly, with total assets decreasing to ₹2004.68 lakh as of March 31, 2026, from ₹2039.22 lakh a year earlier. Equity share capital remained unchanged at ₹3342.21 lakh.

Financial Performance Summary

The statutory auditors issued an unmodified opinion on the financial results. The Board noted that the Ind AS compliant corresponding figures for the period have not been subjected to review, though management exercised due diligence to ensure a true and fair view. The company stated it does not carry any business segments requiring separate reporting.