Prime Industries FY26 net profit rises to ₹160.07 million

1 min read     Updated on 17 Jun 2026, 03:37 PM
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AI Summary

Prime Industries Limited reported a consolidated net profit of ₹160.07 million for FY26, up from ₹14.73 million in FY25, driven by a surge in revenue from operations to ₹905.91 million. The manufacturing segment was the primary revenue driver. The statutory auditor issued an unmodified opinion on the financial results.

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Prime Industries Limited reported a consolidated net profit of ₹160.07 million for the financial year ended March 31, 2026, a substantial increase from ₹14.73 million in the previous year. Revenue from operations for the period stood at ₹905.91 million, compared to nil in the corresponding period of the previous year. The company's standalone net profit for the year was ₹12.87 million, with revenue from operations recorded at ₹79.53 million.

Consolidated Performance

The manufacturing segment drove the consolidated performance, contributing ₹826.70 million to the total revenue for the year. The segment reported a profit before tax of ₹151.70 million. The investment and trading segment contributed ₹103.69 million in revenue. Total comprehensive income for the year rose to ₹160.07 million.

Metric (Consolidated) Year Ended 31.03.2026 (₹ in millions) Year Ended 31.03.2025 (₹ in millions)
Revenue from operations 905.91 0.00
Total Revenue 930.39 34.10
Total Expenses 766.12 14.79
Net Profit 160.07 14.73
Earnings Per Share (Basic) 7.62 0.87

Standalone Financials

On a standalone basis, the company recorded a net profit of ₹3.27 million for the quarter ended March 31, 2026. For the full year, standalone net profit was ₹12.87 million, down from ₹14.73 million in the prior year. Total expenses for the year increased to ₹91.12 million from ₹14.79 million in the previous year.

Metric (Standalone) Year Ended 31.03.2026 (₹ in millions) Year Ended 31.03.2025 (₹ in millions)
Revenue from operations 79.53 0.00
Total Revenue 108.38 34.10
Total Expenses 91.12 14.79
Net Profit 12.87 14.73
Earnings Per Share (Basic) 0.61 0.87

Financial Position and Audit

The company's total assets as of March 31, 2026, stood at ₹1710.64 million on a consolidated basis, up from ₹584.70 million in the previous year. Cash and cash equivalents increased to ₹406.36 million. M/s. Bhushan Aggarwal & Co., Chartered Accountants, the statutory auditors, issued an audit report with an unmodified opinion on the standalone and consolidated financial results for the quarter and year ended March 31, 2026.

Historical Stock Returns for Prime Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.93%+7.86%+31.40%-29.04%+326.62%

What specific factors enabled the manufacturing segment to generate ₹826.70 million in revenue after reporting nil operations in the previous year?

How does Prime Industries plan to utilize the increased cash reserves of ₹406.36 million to support future growth or expansion?

Will the company maintain its current operational momentum to sustain the surge in consolidated net profit for the upcoming fiscal year?

Prime Industries reports consolidated net profit of ₹160.07 million in FY26

1 min read     Updated on 29 May 2026, 04:45 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Prime Industries Limited reported a consolidated net profit of ₹160.07 million for FY26, a significant rise from ₹14.73 million in the previous year, with total revenue growing to ₹930.39 million. The board approved the audited financial results for the quarter and year ended March 31, 2026, with the statutory auditor issuing an unmodified opinion.

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Prime Industries Limited reported a consolidated net profit of ₹160.07 million for the financial year ended March 31, 2026, a substantial increase from ₹14.73 million in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. The statutory auditor, M/s Bhushan Aggarwal & Co., issued an unmodified opinion on the results.

Consolidated Performance

For the quarter ended March 31, 2026, the company recorded a consolidated net profit of ₹30.32 million, compared to ₹3.02 million in the corresponding quarter of the previous year. Total revenue for the quarter stood at ₹282.12 million, a sharp increase from ₹4.63 million in the same period last year. For the full year, total revenue surged to ₹930.39 million from ₹34.10 million in FY25.

Standalone Results

On a standalone basis, Prime Industries reported a net profit of ₹3.27 million for Q4FY26, compared to ₹3.02 million in Q4FY25. For the full year, standalone net profit was ₹12.87 million, down from ₹14.73 million in the previous year. Total standalone revenue for FY26 was ₹108.38 million, up from ₹34.10 million in FY25.

Financial Position

The company's consolidated assets as of March 31, 2026, totaled ₹1710.64 million, compared to ₹584.70 million a year earlier. Cash and cash equivalents increased to ₹406.36 million from ₹298.20 million. The board also approved the audited financial statements (standalone and consolidated) for the year ended March 31, 2026.

Metric FY26 (₹ in millions) FY25 (₹ in millions)
Consolidated Net Profit 160.07 14.73
Consolidated Total Revenue 930.39 34.10
Standalone Net Profit 12.87 14.73
Standalone Total Revenue 108.38 34.10
Consolidated Cash & Equivalents 406.36 298.20

The meeting commenced at 11:00 AM and concluded at 3:00 PM. The filing was signed by Diksha Tiwari, Company Secretary and Compliance Officer.

Historical Stock Returns for Prime Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.93%+7.86%+31.40%-29.04%+326.62%

What strategic initiatives or operational changes drove the massive surge in consolidated revenue?

How does Prime Industries plan to utilize the increased cash reserves of ₹406.36 million?

What are the growth projections for the upcoming fiscal year following this exceptional performance?

More News on Prime Industries

1 Year Returns:-29.04%