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Quarterly Result28 May 2026, 08:45 pm

Nirav Commercials Q4/FY26 Results Approved; Daman Div. Sold

AI Summary

Nirav Commercials Limited's Board of Directors approved the Audited Financial Results for the quarter and year ended March 31, 2026. For Q4 FY26, the company reported Net Sales of ₹6.31 Crores, contributing to a full-year Net Sales of ₹12.89 Crores for FY26. A notable event during the quarter was the completion of the sale of its undertaking, "Elesar Focchi, Daman Division," with the resulting gain recognized as an Exceptional Item in the financial results. The financial statements, prepared in accordance with Indian Accounting Standards (Ind AS), received an unmodified opinion from the independent auditors. The Board meeting commenced at 02:45 P.M. and concluded at 03:10 P.M. on May 28, 2026.

Key Highlights

  • Board approved Audited Financial Results for Q4 and FY ended March 31, 2026.
  • Net Sales for Q4 FY26 were ₹6.31 Crores, and for FY26 were ₹12.89 Crores.
  • Company completed the sale of its "Elesar Focchi, Daman Division" undertaking.
  • Gain from the division sale was recognized as an Exceptional Item.
  • Independent auditors issued an unmodified opinion on the financial results.