Pritika Auto Industries has announced its audited financial results for the quarter and year ended March 31, 2026, following a Board meeting held on May 23, 2026. The company reported a total income of Rs 4,778.94 crore for the financial year 2025-26, compared to Rs 3,650.05 crore in the previous year. Profit for the period stood at Rs 158.90 crore for the year, a decrease from Rs 181.58 crore in the prior year.

Financial Performance Overview

For the quarter ended March 31, 2026, the company recorded a revenue from operations of Rs 1,354.54 crore, up from Rs 1,008.53 crore in the corresponding quarter of the previous year. The profit for the quarter was Rs 34.07 crore, higher than Rs 26.89 crore in the same period last year. The Board approved the Standalone and Consolidated Audited Financial Statements and Results, along with the Statement of Assets and Liabilities.

Operational and Regulatory Details

The statutory auditors, M/s Sunil Kumar Gupta & Co., issued an audit report with an unmodified opinion on the financial results. The company noted that the impact of the new Labour Codes notified by the Government of India has been factored into the provisions and employee benefit expenses. The trading window for dealing in the company's securities will remain closed for designated persons until 48 hours after the financial results are made public.

Consolidated Results

On a consolidated basis, the company reported a revenue from operations of Rs 4,829.46 crore for the year ended March 31, 2026, compared to Rs 3,568.87 crore in the previous year. The consolidated profit for the period was Rs 231.97 crore, slightly lower than Rs 239.04 crore in the prior year. Earnings per share on a consolidated basic basis were Rs 1.26 for FY26, compared to Rs 1.28 in FY25.

Pritika Auto Industries has disclosed the receipt of an income tax demand notice of Rs. 1,83,81,330/- under Section 156 of the Income Tax Act, 1961, for Assessment Year 2025-26. The intimation, issued under Section 143(1) by the Centralized Processing Center, Income Tax Department, was received by the company on May 15, 2026, at 01:46 p.m. via email. The disclosure was made to the stock exchanges on May 16, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Tax Demand

The following table summarises the key particulars of the demand as disclosed by the company:

Reason for the Demand

According to the company, the demand has arisen due to an error in the computation of the Minimum Alternate Tax (MAT). Specifically, the book profit under Section 115JB was wrongly enhanced by Rs. 13,85,61,837/- on account of depreciation while calculating the MAT. The company has stated that this mistake is apparent from the record and does not reflect any actual violation or contravention on its part.

Company's Response and Planned Actions

Pritika Auto Industries has outlined the following steps it intends to take in response to the demand:

• Rectification Application: The company is filing a rectification under Section 154 of the Income Tax Act, 1961, before the Centralized Processing Center, Bangalore.
• Appeal: An appeal is being filed before the Appellant Authority.
• Management's Position: The management has stated that the mistake is rectifiable and that the demand is expected to be deleted upon disposal of the rectification and appeal proceedings.

Financial and Operational Impact

The company has stated that there is no material impact on its financials, operations, or other activities due to the demand raised for Assessment Year 2025-26 in the current financial year. No penalty, restriction, or sanction has been imposed pursuant to the communication, and no aberrations or non-compliances have been identified by the authority in the notice.

The disclosure was made by C B Gupta, Company Secretary & Compliance Officer of Pritika Auto Industries Limited, in accordance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015.