Eureka Forbes has announced its financial performance for the quarter and year ended March 31, 2026, reporting a robust annual revenue of ₹2,710.47 crore. The Board also approved key leadership changes, appointing Mr. Anurag Kumar to take on the additional responsibility of E-commerce and D2C. Additionally, the company announced the appointments of J. Chandra & Associates as Cost Auditor and PricewaterhouseCoopers Services LLP as Internal Auditor for the 2026-27 financial year.
Financial Highlights
For the financial year ended March 31, 2026, Eureka Forbes recorded a standalone revenue from operations of ₹2,710.47 crore, reflecting solid operational growth. The company achieved a profit after tax of ₹160.21 crore for the full year. The results for the final quarter (Q4: Jan-Mar 2026) were equally notable, with revenue reaching ₹683.83 crore and a quarterly profit after tax of ₹51.09 crore. The Statutory Auditors have issued an unmodified opinion on these financial results.
Leadership and Governance Updates
As part of its strategic management adjustments, the company announced that Mr. Anurag Kumar, who serves as Chief Growth Officer, will take on the additional responsibility of leading E-commerce and D2C, effective May 19, 2026. Mr. Kumar brings 28 years of extensive industry experience to this role.
Audit Appointments
To ensure robust internal and cost oversight for the 2026-27 fiscal year, the Board of Directors approved two significant appointments:
- Cost Audit: The firm M.s J. Chandra & Associates has been appointed to conduct the cost audit for the upcoming financial year.
- Internal Audit: PricewaterhouseCoopers Services LLP has been appointed as the Internal Auditor to streamline governance and business process controls.
Exceptional Items Impact
The company noted an impact of ₹40.44 crore during the year, which has been classified as an ‘Exceptional Item.’ This is attributed to the implementation of new Labour Codes notified by the Government of India, affecting retiral benefits. The company continues to monitor these regulatory developments to assess their long-term accounting implications.
Source: BSE
