Artemis Electricals Board Approves Q4 & FY26 Financial Results
Artemis Electricals and Projects Limited's Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, at their meeting on May 28, 2026. The statutory auditor, Agarwal Tibrewal & Co, issued an unmodified opinion, stating the results present a true and fair view in accordance with Indian Accounting Standards and SEBI Listing Regulations. The audit report highlighted certain matters, including the non-provision of operating segment disclosure due to insufficient information, the ongoing contract with a related party (Electroforce (India) Private Limited) for a Lithium-ion battery plant expected by March 2027, and the minimal recommencement of manufacturing activities with a focus on projects.
Key Highlights
- Board approved Audited Standalone and Consolidated Financial Results for Q4 and FY26.
- Auditor issued an unmodified opinion on the financial results.
- Operating segment disclosure was not provided due to information unavailability.
- Company is establishing a Lithium-ion battery plant with a related party, targeting March 2027 commissioning.
- Manufacturing activities have resumed minimally, with a focus on project-related works.
Price Impact
More from AEPL