Quest Flow Controls Limited reported a standalone net profit of ₹15.51 lakh for the financial year ended March 31, 2026, a sharp decline from ₹627.60 lakh in the previous year, impacted by exceptional items and investments in its US business. Revenue from operations decreased to ₹5,857.57 lakh from ₹6,110.33 lakh in FY25. The company's board approved the audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026 at a meeting held on May 28, 2026.

The statutory auditors, M/s. Bilimoria Mehta & Co, issued an audit report with an unmodified opinion on the financial results. The standalone financial results revealed that total income for the year stood at ₹6,627.56 lakh, down from ₹6,157.96 lakh in the prior year. Total expenses increased to ₹6,307.63 lakh compared to ₹5,365.52 lakh in FY25. Management attributed the expense increase primarily to investments required to establish and sustain the company's presence in the US market during its initial growth phase.

Standalone Financial Performance

The company reported an exceptional item of ₹259.08 lakh during the year, classified as a one-time royalty fee paid pursuant to a royalty agreement. Profit before tax for the year was ₹60.85 lakh, a decrease from ₹792.44 lakh in the previous year. The basic and diluted earnings per equity share for the year were ₹0.15, compared to ₹6.18 in FY25.

Consolidated Results

On a consolidated basis, the company reported a net loss of ₹428.23 lakh for FY26, compared to a net profit of ₹679.51 lakh in the previous year. Revenue from operations for the year stood at ₹6,236.26 lakh, down from ₹6,721.24 lakh in FY25. The consolidated results include the financials of Quest Flow LLC, an associate company in which the company holds a 45% stake.

The profit for the period was impacted by a loss of ₹344.43 lakh from the associate. Total consolidated income for the year was ₹7,023.93 lakh, while total expenses rose to ₹6,797.49 lakh. The basic and diluted earnings per equity share on a consolidated basis were -₹4.21 for the year.

Balance Sheet Highlights

The standalone balance sheet as of March 31, 2026, showed total assets of ₹12,765.87 lakh, an increase from ₹8,405.32 lakh in the previous year. Shareholders' funds rose to ₹8,534.14 lakh, driven by an increase in reserves and surplus to ₹6,033.34 lakh and money received against share warrants amounting to ₹1,475.04 lakh. Non-current investments increased significantly to ₹542.04 lakh from ₹6.24 lakh.

Quest Flow Controls Limited has announced that its board meeting is scheduled to be held on Thursday, May 28, 2026, at the registered office of the company. The agenda for the meeting includes the consideration and approval of the standalone and consolidated audited financial results for the financial year ended March 31, 2026.

In a regulatory filing, the company stated that the meeting is being convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will also discuss any other business with the permission of the chair.

Trading Window Closure

The company has informed that the trading window for dealing in the equity shares of the company has been closed since April 1, 2026. This closure is in accordance with the company's Code of Conduct for the prevention of Insider Trading, framed under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The window will remain closed until 48 hours after the communication of the financial results to the stock exchange. This measure is intended to prevent insider trading during the period leading up to the results announcement.

Key Meeting Details