Premier Synthetics reported a net loss of ₹41.62 crore for the financial year ended March 31, 2026, reversing its profitability from the previous year. The company recorded a net profit of ₹149.07 crore in FY25. Revenue from operations fell 29.3% to ₹1,209.61 crore from ₹1,710.33 crore in the prior year.

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 29, 2026. The report noted that the results for the quarter are balancing figures between the audited annual figures and the published year-to-date figures up to the third quarter.

For the quarter ended March 31, 2026, the company reported a net loss of ₹48.86 crore, compared to a net profit of ₹131.55 crore in the same period last year. Revenue from operations for the quarter stood at ₹189.88 lakh, a drop from ₹381.55 lakh in the corresponding quarter of the previous year.

Financial Position

The company's equity share capital remained constant at ₹459.32 lakh. Reserves decreased to ₹679.54 lakh as of March 31, 2026, from ₹747.88 lakh in the previous year. The basic and diluted earnings per share (EPS) for continuing and discontinued operations was (₹0.91) for FY26, compared to ₹3.25 in FY25.

Premier Synthetics Limited has scheduled a board meeting to discuss its financial performance for the fourth quarter and the fiscal year 2026. The meeting is set to take place on May 20, 2026, in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

The primary agenda for the upcoming meeting is the consideration and approval of the audited standalone financial results for the quarter and financial year ended March 31, 2026. Additionally, the board will consider the recommendation of a dividend, if any. This disclosure ensures that shareholders and the market are informed about the company's operational performance during the specified period.

Meeting Details

The following table outlines the key details regarding the scheduled board meeting:

The company has stated that the trading window for dealing in the securities of the company remains closed for all designated persons and their immediate relatives from April 1, 2026, until 48 hours after the declaration of the financial results. The outcome of the board meeting will be disseminated to the stock exchanges immediately after the conclusion of the proceedings. Investors are advised to refer to the official filings for the detailed financial figures once they are released.