Garware Offshore Services Q4 FY26: Consolidated Loss ₹508.73 Lakhs

Garware Offshore Services Ltd. announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. For Q4 FY26, the company reported a consolidated net loss of ₹508.73 Lakhs on a revenue of ₹3,274.96 Lakhs. The standalone net loss for the same period was ₹1,172.96 Lakhs with revenue at ₹3,572.49 Lakhs. Exceptional items in consolidated results included interest written off and a gain on debt settlement. The company also noted a one-time increase in depreciation by ₹144 Lakhs in Q4 due to prior short provisions and a forex loss of ₹173 Lakhs on a USD loan due to INR weakening.