Patspin India Limited announced the approval of its unaudited standalone financial results for the first quarter ended June 30, 2026, following a Board of Directors meeting held on August 10, 2026. The results were subsequently published in Business Line and Deepika newspapers on August 11, 2026, as part of the company’s regulatory disclosure obligations to the BSE Limited.

The Board approved the financial statements based on the recommendations of the Audit Committee. The unaudited standalone results are available for public access on the company’s website at www.patspin.com and the Stock Exchange website at www.bseindia.com . Additionally, investors can access the results by scanning the quick response code provided in the newspaper publication.

Key Details

Umang Patodia, Chairman and Managing Director, signed the declaration on behalf of the Board of Directors. The company’s registered office is located at 3rd Floor, Palal Towers, Ravipuram, MG Road, Kochi - 682 016, Kerala.

Regulatory Compliance

Patspin India Limited submitted the statement of results to BSE Limited with reference number PILC/2026-27. Veena Vishwanath Bhandary, Company Secretary, digitally signed the communication dated August 11, 2026. The filing confirms compliance with exchange guidelines regarding the timely publication of quarterly financial outcomes.

What the Numbers Show

The filing primarily serves as a procedural notification of result availability rather than a detailed breakdown of financial metrics such as revenue or net profit in the text itself. Investors are directed to the digital platforms for granular data analysis. The reliance on QR codes and web links highlights the shift towards digital-first disclosure mechanisms for standalone financial statements.

Patspin India Limited reported a widened net loss of Rs 1140 lakh for the financial year ended March 31, 2026, compared to a net loss of Rs 979 lakh in the previous year. Revenue from operations declined to Rs 4652 lakh from Rs 4733 lakh in FY25, while total income stood at Rs 4866 lakh. 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 26, 2026.

For the quarter ended March 31, 2026, the company recorded a net loss of Rs 280 lakh on revenue from operations of Rs 1058 lakh. Total expenses for the year increased to Rs 5902 lakh from Rs 5862 lakh in the prior year. The company reported a basic earnings per share (EPS) of (Rs 3.69) for FY26, compared to (Rs 3.17) in FY25.

M/s. L.U. Krishnan & Co, Chartered Accountants, the Statutory Auditor, issued an audit report with an unmodified opinion on the standalone financial results. However, the auditor highlighted a material uncertainty related to the company's ability to continue as a going concern due to a total comprehensive loss of Rs 1114 lakh, cash loss of Rs 822 lakh, eroded net worth, and irregularity in debt servicing. The auditor noted that management has submitted a resolution plan to lenders to restructure outstanding debts, and a Techno Economic Viability study confirmed the proposal's viability.

The financial results include an exceptional item of Rs 1.01 crore recognized towards incremental liability following the notification of four Labour Codes on November 21, 2025. Additionally, the company recognized Rs 3 lakh as a VRS paid to workmen under exceptional items. Other income included Rs 149 lakhs of export benefits from prior periods received during the third quarter of FY26.

The Board appointed M/s Varma & Varma, Chartered Accountants, Kochi, as internal auditors for the financial year 2026-27, effective from April 1, 2026. The company confirmed that there were no outstanding qualified borrowings or incremental qualified borrowings at the start or end of the financial year.

Financial Performance Summary