Azad Engineering Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company demonstrated significant growth, with standalone revenue from operations reaching ₹5,903.75 million for the year. Consolidated performance also saw a robust increase, with total revenue rising to ₹6,029.75 million. The Board of Directors has approved these results, reflecting a strong operational performance and continued expansion for the company.
Standalone Financial Performance
For the financial year ended March 31, 2026, Azad Engineering recorded standalone revenue from operations of ₹5,903.75 million, compared to ₹4,529.28 million in the previous year. The standalone net profit for the year stood at ₹1,321.61 million, showing a substantial increase from ₹885.25 million in the prior fiscal year. The company maintains a solid asset base, with total assets reported at ₹21,951.34 million as of March 31, 2026.
Consolidated Results Overview
On a consolidated basis, which includes subsidiaries Azad VTC Private Limited and Azad Prime Private Limited, the company achieved total revenue of ₹6,029.75 million for FY 2026. Consolidated net profit attributable to owners reached ₹1,328.77 million. These figures highlight the company’s successful scaling of operations and effective management of its business segments.
Qualified Institutional Placement Update
The company provided a status update on its ₹7,000 million Qualified Institutional Placement (QIP). As of March 31, 2026, ₹5,402.73 million has been utilized, primarily for funding capital expenditure. The remaining unutilized balance of ₹1,597.27 million is currently held in temporary deposits with commercial banks to support ongoing capital requirements.
Audit Confirmation
The statutory auditors, M S K A & Associates LLP, have issued audit reports with an ‘Unmodified Opinion’ for both the standalone and consolidated financial statements for the year ended March 31, 2026, confirming the accuracy and transparency of the reported financial data.
Source: BSE
