Darjeeling Industries Reports Profitability in FY26
Darjeeling Industries Limited announced it achieved a net profit of ₹1.70 crore for the fiscal year ending March 31, 2026. This marks a significant turnaround from the ₹0.27 crore net loss recorded in the previous fiscal year.
Key Financial Highlights
For the full fiscal year 2026, Darjeeling Industries saw its revenue from operations jump to ₹4.46 crore, compared to ₹0.91 crore in FY25. The company also reported a net profit of ₹0.07 crore for the fourth quarter ended March 31, 2026.
Independent auditors Sunit M Chhatbar & Co. issued an unmodified opinion on the company's financial statements, indicating confidence in the reported figures. Additionally, the company confirmed that all funds raised through a preferential issue of convertible warrants were utilized as planned for working capital and general corporate needs, signaling sound financial management.
Company Background
In the prior fiscal year, FY25, Darjeeling Industries experienced a net loss of ₹0.27 crore on revenues of ₹0.91 crore. More recently, the company established a new subsidiary, NOVVA DEFENCE IINDS LIMITED, on January 30, 2026. However, as of March 31, 2026, this subsidiary had not yet begun operations and had no financial transactions.
What Investors Should Watch
The company's return to profitability suggests a positive operational direction. Investors will be looking for sustained earnings growth in the upcoming fiscal years. The appointment of M/s. Jitendra Parmar & Associates as Secretarial Auditor also points to an increased focus on corporate governance standards.
A key area for investor attention is the performance and operational commencement of the new subsidiary, NOVVA DEFENCE IINDS LIMITED. Currently dormant, its future contribution to the company's financials will be important to track.
Key Metrics
- FY26 Revenue: ₹4.46 crore (up from ₹0.91 crore in FY25)
- FY26 Net Profit: ₹1.70 crore (compared to a net loss of ₹0.27 crore in FY25)
- Q4 FY26 Net Profit: ₹0.07 crore
