Thomas Scott (India) Limited reported a 50.8% rise in net profit to ₹193 crore for the financial year ended March 31, 2026, driven by a 58.3% increase in revenue. The company’s revenue from operations surged to ₹2,549 crore in FY26 from ₹1,610 crore in the previous year. For the quarter ended March 31, 2026, net profit stood at ₹60 crore, while revenue from operations reached ₹778 crore. The company released its investor presentation for the quarter and financial year ended March 31, 2026, on June 3, 2026.

Financial Performance

The company’s EBITDA for FY26 increased by 72.2% to ₹334 crore, with EBITDA margins expanding by 105 basis points to 13.10%. Profit before tax for the year rose to ₹271 crore from ₹159 crore in FY25. For the quarter ended March 31, 2026, EBITDA grew 66.7% year-on-year to ₹110 crore, with margins at 14.14%. The company recorded an exceptional item loss of ₹13 crore for the financial year, primarily due to a reduction in the receivable recognised against an insurance claim related to a fire incident at its Bhiwandi warehouse.

Key Financial Metrics

Operational Highlights

The company operates four manufacturing units with a total capacity of 1,40,000 pieces per month and four fulfillment centers with a capacity of 15,000 pieces per day. Thomas Scott holds a valid insurance policy covering the losses from the fire incident at its Bhiwandi warehouse in November 2025. The Board of Directors had previously approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

Thomas Scott (India) Limited has re-appointed M/s. FRG & Company, Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The Board of Directors approved the re-appointment during a meeting held on May 30, 2026, based on the recommendations of the Audit Committee. The firm, holding FRN No. 023258N, will ensure compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

M/s. FRG & Company is a professionally managed partnership firm located at Supreme Business Park in Powai, Mumbai. The firm specializes in statutory audits, tax audits, and internal audits, serving a diverse clientele including SMEs and corporates. The appointment is effective from May 30, 2026, for the duration of the upcoming financial year.

Internal Auditor Profile