QVC Exports reported a 47.4% decline in net profit to ₹291.02 lakh for the financial year ended March 31, 2026, despite a 22.7% increase in revenue from operations to ₹4,403.37 lakh. The drop in profitability was driven by a sharp rise in total expenses, which increased to ₹4,441.32 lakh from ₹3,586.47 lakh in the previous year. The company’s Board of Directors approved the audited standalone and consolidated financial results for the year and quarter ended March 31, 2026, at a meeting held on May 30, 2026.

The statutory auditors, M/s. Dokania S. Kumar & Co., issued an audit report with an unmodified opinion on the financial results. For the full year, total income stood at ₹4,478.83 lakh, up from ₹3,657.32 lakh in the previous year. Finance costs for the year decreased to ₹85.51 lakh from ₹91.10 lakh in the prior year.

Financial Performance

The company’s earnings per share (EPS) for the year ended March 31, 2026, dropped to ₹2.28 from ₹5.76 in the previous year. On a consolidated basis, the profit for the period after tax was ₹333.60 lakh, compared to ₹795.65 lakh in FY25. Consolidated revenue from operations for FY26 was ₹4,403.37 lakh, a rise from ₹3,587.84 lakh in the previous year.

Board Decisions and Compliance

The Board re-appointed M/s. B. Nath & Co., Chartered Accountants, as the internal auditor for the financial year 2026-27. The appointment details were disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additionally, the Board noted a warning letter bearing reference number I1/7342/2026 dated March 17, 2026, issued by the Securities and Exchange Board of India (SEBI). The Board advised the management to ensure strict compliance with all applicable provisions and regulatory requirements in the future.

qvc exports has submitted a formal disclosure to the National Stock Exchange of India Limited (Emerge SME Platform) regarding the status of its equity shares held by promoters and Persons Acting in Concert (PAC). The communication, dated April 4, 2026, confirms that no encumbrance has been created over these shares during the specified period.

The disclosure was filed in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires listed companies to inform the stock exchanges if any promoters or PAC members have encumbered their shares. The company confirmed that there have been no such instances, directly or indirectly, during the financial year ended March 31, 2026.

The confirmation was provided on behalf of all Promoters, Members of the Promoters Group, and PAC. The submission was signed by Nilesh Kumar Sharma, Managing Director of QVC Exports Limited. The document was addressed to the Listing Department of the exchange to ensure compliance with regulatory requirements.

Key Details of the Disclosure

The company requested the exchange to place the information on its records. This disclosure provides transparency to shareholders regarding the holding status of the company's key stakeholders.