Konark Synthetic Limited has announced its financial results for the fiscal year ended March 31, 2026. The company reported a net profit of ₹10.55 Lakhs, a substantial improvement compared to a net loss of ₹308.28 Lakhs in the previous financial year. This turnaround is attributed to a marginal increase in total revenue, which stood at ₹4680.04 Lakhs for the current year, up from ₹4676.17 Lakhs in the prior year.
Profitability Turnaround Achieved
Konark Synthetic Limited has reported a significant financial turnaround for the fiscal year ended March 31, 2026. The company has moved from a net loss of ₹308.28 Lakhs in the financial year 2024-25 to a net profit of ₹10.55 Lakhs for the year ended March 31, 2026. This marks a considerable improvement in the company’s financial performance.
Financial Highlights
The total revenue for the year ended March 31, 2026, stood at ₹4680.04 Lakhs, showing a slight increase from the ₹4676.17 Lakhs reported in the previous year. Despite a notable increase in finance costs (₹192.02 Lakhs vs. ₹293.06 Lakhs) and a reduction in profit before exceptional items, the company managed to achieve profitability.
Key financial figures for the year ended March 31, 2026, include:
- Total Revenue: ₹4680.04 Lakhs
- Profit before exceptional items and income tax: ₹(57.10) Lakhs
- Profit after tax: ₹10.55 Lakhs
- Total Comprehensive Income: ₹13.93 Lakhs
Operational Overview
During the year under review, the company earned a revenue from operations of ₹4680.04 Lakhs as compared to ₹4676.17 Lakhs in the previous financial year. The company reported a profit of ₹10.55 Lakhs as compared to a loss of ₹308.28 Lakhs in the previous financial year. The Directors’ Report highlights that the company’s paid-up share capital remained unchanged at ₹5,80,80,000/-. No dividend has been recommended to conserve resources for future business requirements.
Source: BSE
