Ultracab India Reports FY26 Audited Financials, Reappoints Auditors

Ultracab (India) Limited announced its audited standalone financial results for the fiscal year ended March 31, 2026. The company reported a profit of ₹5.59 crore for the year, with revenue from operations reaching ₹260.10 crore.

Key Financials and Auditor Reappointment

On May 19, 2026, Ultracab India's Board of Directors approved the audited financial results for the fiscal year ending March 31, 2026. The board also confirmed the reappointment of the company's auditors for the upcoming financial year 2026-27. This ensures continued financial oversight and compliance.

Financial Performance Details

For the year ended March 31, 2026, revenue from operations was ₹26,010.08 lakh (₹260.10 crore), an increase from ₹23,943.38 lakh in the previous year. Profit Before Tax stood at ₹742.27 lakh, down from ₹1,371.35 lakh in FY25. The net profit for the period was ₹558.81 lakh (₹5.59 crore), compared to ₹972.15 lakh in the prior year.

Impact of New Tax Regime

Ultracab India adopted a new tax regime effective from the quarter ended March 31, 2026. This led to a remeasurement of deferred tax liabilities based on a 25.17% Income Tax rate, which affected the net deferred tax liabilities and may influence future tax payments.

Confirmed Auditors for FY27

For the financial year 2026-27, the auditors appointed are Adv. Adarsh Gohel as Internal Auditor, M/s. Bhavin Associates as Tax Auditors, and M/s. Niketan Govindbhai Tadhani & Co. as Cost Auditors.

Balance Sheet Highlights (As of March 31, 2026)

As of March 31, 2026, the company reported total assets of ₹15,747.35 lakh (₹157.47 crore) and total equity of ₹9,271.05 lakh (₹92.71 crore).

Next Steps for Investors

Investors are advised to monitor future company announcements for performance updates in the coming financial year and any further details on the impact of the new tax regime. The company will publish these financial results in newspapers and on its website.