Prashant India Limited Publishes Newspaper Advertisement of Audited Standalone Financial Results for Quarter and Year Ended March 31, 2026

2 min read     Updated on 01 Jun 2026, 09:55 PM
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Prashant India Limited has notified BSE Limited of the newspaper publication of its audited standalone financial results for the quarter and financial year ended March 31, 2026, published on June 1, 2026, in the Financial Express (English and Gujarati editions). The filing was made in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission was made by Company Secretary and Compliance Officer Swati Joshi, and the results are also available on the company's official website.

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Prashant India Limited has notified BSE Limited of the newspaper publication of its audited standalone financial results for the quarter and financial year ended March 31, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisement was published on June 1, 2026, and the company has confirmed that the same has also been made available on its official website.

Newspaper Publication Details

The audited standalone financial results were published in the following newspapers on June 1, 2026:

Parameter: Details
Publication Date: June 1, 2026
Newspaper (English): Financial Express
Newspaper (Gujarati): Financial Express
Regulatory Requirement: Regulation 33, SEBI (LODR) Regulations, 2015
Results Period: Quarter and Financial Year ended March 31, 2026

Financial Results — Quarter and Year Ended March 31, 2023

The newspaper clipping also contains an extract of the standalone audited financial results for the quarter and year ended March 31, 2023, published by Prashant India Limited. The key financial metrics are presented below (Rs. in lakhs):

Particulars: Quarter Ended 31.03.2023 (Audited) Quarter Ended 31.12.2022 (Unaudited) Year Ended 31.03.2023 (Audited) Year Ended 31.03.2022 (Audited)
Total Income from Operations: 4.87 7.75 13.93 30.29
Net Profit/(Loss) before Tax & Exceptional Items: (94.53) (3.34) (385.89) (20.02)
Net Profit/(Loss) before Tax (after Exceptional Items): (92.40) (3.34) 636.63 (20.02)
Net Profit/(Loss) after Tax (after Exceptional Items): (92.40) (3.34) 636.63 (20.02)
Total Comprehensive Income: (92.40) (3.34) 636.63 (20.02)
Equity Share Capital: 423.54 423.54 423.54 423.54
Reserves (excl. Revaluation Reserve): (3,108.18) (3,744.81) (3,108.18) (3,744.81)
Earnings Per Share (Rs. 10/- each) Basic & Diluted: (2.18) (0.08) 15.03 (0.47)

Regulatory Compliance and Submission

The filing was submitted to the Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001. The communication was signed and submitted by Swati Joshi, Company Secretary and Compliance Officer (M. No. A65736), on behalf of Prashant India Limited, on June 1, 2026. The company is registered under CIN: L15142GJ1983PLC006574 and is headquartered in Surat, Gujarat. The full format of the financial results is available on the BSE website at www.bseindia.com and on the company's website at www.prashantindia.info .

Historical Stock Returns for Prashant

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+26.20%+20.48%+51.30%+1,881.13%

What specific strategic initiatives will Prashant India Limited implement to reverse the decline in total income from operations observed in the recent financial year?

How will the company utilize the significant annual net profit to address the negative reserves and strengthen its balance sheet?

Are there any planned capital expenditures or acquisitions expected to drive future revenue growth following the compliance with SEBI regulations?

Prashant India board meets May 30 for Q4 results

1 min read     Updated on 22 May 2026, 09:25 PM
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Prashant India Limited has called a Board meeting on May 30, 2026, to approve audited standalone financial results for the quarter and year ended March 31, 2026. The agenda includes noting the resignation of CFO Mr. Vinod Pandurang Jadhav, effective May 18, 2026. The company has updated its Key Managerial Personnel list following the resignation.

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Prashant India Limited has scheduled a meeting of its Board of Directors for Saturday, 30th May 2026, at 04:00 pm IST. The meeting will be held at the company's registered office to consider and approve the audited standalone financial results for the quarter and year ended 31st March, 2026. Additionally, the Board will note the resignation of Mr. Vinod Pandurang Jadhav, Chief Financial Officer (CFO), and discuss any other matter with the permission of the Chair.

CFO Resignation

The Board will formally note the resignation of Mr. Vinod Pandurang Jadhav from the position of Chief Financial Officer. As per previous disclosures, Mr. Jadhav submitted his resignation letter on 16th May, 2026, with his cessation from duties effective from 18th May, 2026. The company had communicated this development to the stock exchange on 17th May, 2026, and has since revised its Key Managerial Personnel (KMP) structure.

Key Managerial Personnel

Following the CFO's resignation, the updated list of authorized Key Managerial Personnel has been submitted to the stock exchanges. The current KMP structure includes:

Sr. No: Name of KMP: Designation:
1 Prabhudas Mohanbhai Gondalia Managing Director
2 Swati Joshi Company Secretary

Regulatory Compliance

The trading window will remain closed until 48 hours after the declaration of the financial results, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct. The meeting intimation was signed by Prabhudas Mohanbhai Gondalia, Managing Director, on 22nd May, 2026.

Historical Stock Returns for Prashant

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+26.20%+20.48%+51.30%+1,881.13%

How might the sudden CFO departure just weeks before the annual results announcement impact investor confidence in Prashant India Limited's financial governance?

Will the company appoint an interim or permanent CFO before or shortly after the Board meeting, and how could the leadership vacuum affect its financial reporting processes going forward?

What are the potential implications of presenting audited annual financial results without a sitting CFO, particularly regarding accountability and regulatory scrutiny?

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1 Year Returns:+51.30%