Popees Baby Care India Ltd returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹9.32 lakh. This marks a reversal from the net loss of ₹9.40 lakh recorded in the previous year. Revenue from operations for the year stood at ₹260.34 lakh, driven primarily by purchases of stock-in-trade amounting to ₹236.67 lakh.

The company's Board of Directors approved the standalone audited financial results at a meeting held on May 30, 2026. C. V. Paturkar & Co., Chartered Accountants, the statutory auditors, issued an audit report with an unmodified opinion. The auditors confirmed that the internal financial controls over financial reporting were adequate and operating effectively as of March 31, 2026.

Total income for FY26 was ₹260.34 lakh, a significant increase from the previous year's nil revenue. Total expenses for the year rose to ₹251.02 lakh from ₹9.40 lakh in FY25. The increase in expenses was largely attributed to purchases of stock-in-trade and other operational costs, including professional charges and audit fees.

The balance sheet as of March 31, 2026, showed total assets of ₹756 lakh, up from ₹382 lakh in the previous year. Equity share capital increased to ₹853 lakh from ₹500 lakh, following an increase in share capital that generated net cash inflows of ₹353 lakh from financing activities. Trade receivables surged to ₹283 lakh from ₹10 lakh, while cash and cash equivalents improved to ₹25 lakh from ₹16 lakh.

Financial Performance Summary

The company reported that it had not granted any loans to companies or firms listed under Section 189 of the Companies Act, 2013, and had not accepted any deposits during the year. No material fraud by the company or its officers was reported during the audit.

Popees Baby Care India Limited has returned to profitability for the financial year ended March 31, 2026, reporting a net profit of ₹9.32 lakh compared to a net loss of ₹9.40 lakh in the previous year. The company, formerly known as Hari Govind International Limited, recorded revenue from operations of ₹260.34 lakh for FY26. The Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

The statutory auditors, C. V. Paturkar & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial statements. The company confirmed that the financial results were reviewed by the Audit Committee and approved by the Board. The disclosure was submitted to BSE Limited pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance for FY26

The company's total income for the year stood at ₹260.34 lakh. Total expenses for FY26 were ₹251.02 lakh, up from ₹9.40 lakh in the previous year, driven by significant purchases of stock-in-trade and other operational expenses. The profit before tax for the year was ₹9.32 lakh. Basic earnings per share (EPS) for the year improved to ₹0.11 from a loss of ₹0.19 in FY25.

Financial Results Summary

Balance Sheet Highlights

As on March 31, 2026, the company's total assets increased to ₹756 lakh from ₹382 lakh in the previous year. Equity share capital rose to ₹853 lakh from ₹500 lakh, while total equity stood at ₹699 lakh. Non-current liabilities were recorded at ₹34 lakh, and current liabilities at ₹23 lakh. Cash and cash equivalents improved to ₹25 lakh from ₹16 lakh in FY25.