York Exports reported a 19% year-on-year increase in consolidated net profit to ₹5.70 crore for the financial year ended March 31, 2026. The gain was primarily driven by higher profits from its associate company, York Oil and Fats Private Limited, which offset a decline in standalone operating revenue.

Standalone revenue from operations contracted 15% to ₹30 crore, down from ₹35.1 crore in the previous fiscal year. Standalone net profit also slipped 8% to ₹39 lakh. Despite the top-line decline, the group’s consolidated net worth expanded significantly to ₹263 crore, up from ₹205 crore in FY25.

Financial Performance

The divergence between standalone and consolidated results highlights the company's reliance on its associate entity for bottom-line growth. While standalone operations faced headwinds, the associate contributed ₹53.1 crore to the consolidated profit pool, compared to ₹43.5 crore in the prior year.

What the Numbers Show

A critical observation from the filing is the heavy weighting of associate profits in the consolidated bottom line. The share of profit from associates (₹53.1 crore) constitutes approximately 93% of the total consolidated net profit (₹5.70 crore after tax adjustments and standalone PBT). This indicates that the group's profitability is currently more dependent on the performance of York Oil and Fats than its core garment manufacturing business.

Balance Sheet and Dividend

Total assets rose 42% to ₹82.1 crore on a consolidated basis, reflecting increased investments and working capital requirements. The board did not recommend any dividend for the year, opting instead to conserve resources for future operational needs. Whole-time Director Aayush Dhawan retires by rotation at the upcoming annual general meeting and has offered himself for re-appointment.

York Exports has confirmed the book closure period for its 44th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026. The Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026.

Meeting Agenda

The primary business for the AGM includes the adoption of the financial statements for the fiscal year ended March 31, 2026. This covers the Directors' Report, Auditors' Report, Audited Balance Sheet, Profit and Loss Account, and Cash Flow Statement.

Additionally, shareholders will vote on the re-appointment of Mr. Aayush Dhawan as a director liable to retire by rotation. He offers himself for re-appointment as Whole-time Director in compliance with Section 152(6) of the Companies Act, 2013.

Director Profile

Aayush Dhawan brings over two decades of experience in technical, financial, administrative, and planning functions within the knitted garments sector. He is a graduate of Babson College, USA. His current directorships include York Oil and Fats Private Limited, York Infrastructure Pvt. Ltd., York E-Retail Pvt. Ltd., and Nature Light Solar Power Pvt. Ltd. He holds 1,65,400 shares in the company and is the son of Managing Director Ashwani Dhawan.

Voting and Logistics

Shareholders can exercise their voting rights through remote e-voting provided by Central Depository Services (India) Ltd. The e-voting window opens on Sunday, September 27, 2026, at 9:00 am and closes on Tuesday, September 29, 2026, at 5:00 pm. The cut-off date for shareholding eligibility is September 23, 2026.

The Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026. M/s Harsh Goyal & Associates, Company Secretaries, have been appointed as the scrutinizer for the e-voting process.

Members are advised to register their email addresses with their Depository Participants or the Registrar & Transfer Agent, M/s Beetal Financial and Computer Services Pvt. Ltd., to receive communications electronically. Hard copies of the annual report will not be dispatched; documents are available for download from the company's website.