Soni Medicare reports net loss of ₹253.23 lakh in FY26
Soni Medicare Ltd reported a net loss of ₹253.23 lakh for the financial year ended March 31, 2026, compared to a loss of ₹31.74 lakh in the previous year. Total revenue for FY26 stood at ₹2624.54 lakh. The audited standalone financial results were approved by the Board on May 30, 2026, and published in newspapers on June 1, 2026.
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Soni Medicare Ltd reported a net loss of ₹253.23 lakh for the financial year ended March 31, 2026, on a total revenue of ₹2624.54 lakh. The company recorded a loss of ₹19.06 lakh for the quarter ended March 31, 2026, on revenue of ₹658.20 lakh. The audited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 30, 2026.
Financial Performance
The company's financial performance for the year and quarter reflects a decline in profitability compared to the previous year. For the year ended March 31, 2026, the total expenses stood at ₹2888.64 lakh, resulting in an Earnings Before Tax (EBT) of -₹264.10 lakh. In the corresponding quarter ended March 31, 2025, the company had reported a profit after tax of ₹21.60 lakh on revenue of ₹751.55 lakh.
| Particulars | Quarter Ended 31-03-2026 (Audited) | Year Ended 31-03-2026 (Audited) | Quarter Ended 31-03-2025 (Audited) | Year Ended 31-03-2025 (Audited) |
|---|---|---|---|---|
| Total Revenue | ₹658.20 | ₹2624.54 | ₹751.55 | ₹3118.44 |
| Total Expenses | ₹688.89 | ₹2888.64 | ₹725.43 | ₹3140.61 |
| Net Profit / (Loss) | (₹19.06) | (₹253.23) | ₹21.60 | (₹31.74) |
| EPS (Basic) | (₹0.45) | (₹5.94) | ₹0.51 | (₹0.74) |
Regulatory Compliance
The intimation regarding the submission of the newspaper publication of the audited financial results was submitted to BSE Limited on June 2, 2026. The filing confirms the publication of the results in the June 1, 2026 editions of The Financial Express (English) and Business Remedies (Hindi). The disclosure was signed by Hari Krishan Tiwari, Company Secretary & Compliance Officer.
What specific cost-cutting measures or strategic shifts does management plan to implement to reverse the declining profitability trend?
How will the consistent year-over-year revenue drop impact the company's ability to secure necessary funding or credit in the upcoming fiscal year?
Are there identified operational inefficiencies or market conditions that caused the expenses to outpace revenue during FY26?
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