Quarterly Result30 May 2026, 07:02 pm
Organic Coatings Ltd: FY26 Net Loss ₹325.88 Lakhs
AI Summary
Organic Coatings Ltd reported audited financial results for the year ended March 31, 2026. The board of directors did not recommend any dividend due to a loss. The company reported a net loss of ₹325.88 lakhs for the year ended March 31, 2026, compared to a net loss of ₹210.23 lakhs in the previous year. Revenue from operations decreased to ₹2,809.33 lakhs from ₹2,895.79 lakhs. The board meeting commenced at 5.19 P.M. and ended at 6.18 P.M. Resignation of Company Secretary and Compliance Officer, Mrs. Nivedita Kulknarni, was effective from 29.05.26.
Key Highlights
- Organic Coatings Ltd reports a net loss of ₹325.88 lakhs for FY26.
- No dividend was recommended by the board due to the loss.
- Revenue from operations decreased to ₹2,809.33 lakhs for FY26.
- Resignation of Company Secretary, Mrs. Nivedita Kulknarni, is effective 29.05.26.
- Appointment of Independent Directors Mr. Ramanathan Ganesh and Mr. Subhash Ambubhai Patel deferred.
Price Impact
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