Aksh Optifibre Limited Approves Financial Results and Reappoints Key Auditors

Aksh Optifibre Limited Approves Financial Results and Reappoints Key Auditors

Aksh Optifibre Limited Approves Financial Results and Reappoints Key Auditors​

Aksh Optifibre Limited announced significant operational and governance updates following the meeting of its Board of Directors held on May 28, 2026. The board approved the audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026, while also confirming the re-appointment of several key auditors and directors for the financial year 2026-27.

In terms of governance, the board took decisions approving the re-appointment of three separate professional auditors for the upcoming financial year.

Auditor RoleFirm/IndividualReason for AppointmentTerm
Cost AuditorsM/s Ajay Kumar Singh & Co.AppointmentFinancial Year 2026-27
Internal Auditor (Units & Corporate Office)Felix Advisory Private LimitedRe-appointmentFinancial Year 2026-27
Internal Auditor (Services Business)M/s S R Goyal & Co.Re-appointmentFinancial Year 2026-27

The company also addressed key leadership appointments. The board approved the re-appointment of Dr. Kailash Shantilal Choudhari, who retires by rotation, and the re-appointment of Mr. Satyendra Kumar Gupta as a Professional Consultant for a period of one year, commencing from December 01, 2026, and ending November 30, 2027.

Financial Results for Q1 FY 2026 & FY 2026​

The financial statements released reflect the company's performance through March 31, 2026. The results were presented in both Standalone and Consolidated formats.

Standalone Financial Results Overview

The Standalone financial results show the company's total income amounting to 4,129.02 for the quarter ended March 31, 2026, compared to 3,178.66 in the quarter ended March 31, 2025. The total income for the year ended March 31, 2026, was 12,772.02.

Total assets stood at 24,402.82 in the Standalone balance sheet as of March 31, 2026, compared to 23,018.13 a year earlier. The Standalone Statement of Cash Flows indicated that the net cash flow from operating activities for the year ended March 31, 2026, was (342.15).

Consolidated Financial Results Overview

The Consolidated financials present a broader view of the group's performance. For the quarter ended March 31, 2026, total revenue from operations stood at 4,083.01. The total income for the quarter was 4,192.89.

For the full year ended March 31, 2026, the group's total revenue from operations was 12,723.11, and the total income was 13,003.96. The consolidated assets as of March 31, 2026, totaled 29,413.43.

Financial Performance Data Summary (Rs. in Lakhs)​

The following tables summarize key figures from the audited financial results for the quarter and year ended March 31, 2026.

Standalone Financial Results (March 31, 2026)

MetricQuarter Ended Mar-26Quarter Ended Dec-25Quarter Ended Mar-25Year Ended Mar-26Year Ended Mar-25
Revenue from operations4,019.232,664.763,178.6612,570.6612,712.48
Total income4,129.022,687.623,232.9612,772.0212,869.17
Total expense4,257.373,157.883,995.8513,935.5515,109.08
Profit/(Loss) after Tax25.67(380.66)(1,760.53)(856.42)(2,011.30)
Total Comprehensive Income38.32(380.66)(1,751.74)(843.77)(2,002.51)

Consolidated Financial Results (March 31, 2026)

MetricQuarter Ended Mar-26Quarter Ended Dec-25Quarter Ended Mar-25Year Ended Mar-26Year Ended Mar-25
Revenue from operations4,083.012,689.073,298.3012,723.1113,003.96
Total income4,192.892,711.933,352.6212,924.5613,158.01
Total expenses4,418.643,364.464,289.7514,700.8016,226.81
Profit/(Loss) after Tax224.26(594.88)(665.13)(1,307.31)(2,596.66)
Total Comprehensive Income(388.99)(761.23)(668.02)(2,450.46)(2,886.58)

AKSHOPTFBR Stock Price Movement​

On Wednesday, the security's shares edged higher, gaining 1.87% to close at ₹5.99. The stock finished its session at the upper end of its trading range, which spanned from ₹5.88 to ₹6.10.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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