Citi Port's annual profit leapt to ₹31 lakh. Revenue doubled.
Net profit jumped more than tenfold to ₹31.43 lakh as revenue from operations doubled to ₹78.27 lakh. The auditor's opinion was clean.
What's new
- Full-year net profit surged to ₹31.43 lakh from ₹2.73 lakh.
- Revenue from operations doubled to ₹78.27 lakh from ₹36.48 lakh.
- Net worth expanded from ₹3.44 lakh to ₹34.87 lakh.
Why this matters
The growth rate is extreme, but the absolute numbers are tiny. This is a business whose entire annual profit is ₹31 lakh. The clean audit opinion adds credibility to the turnaround.
What we're watching
- Whether the revenue pace is sustainable beyond one year.
- How the enlarged net worth of ₹34.87 lakh will be deployed.
- The next quarterly results to check for momentum.
The full read
Citi Port Financial Services is a nano-cap that just posted a 10x jump in annual profit. FY26 net profit hit ₹31.43 lakh, up from ₹2.73 lakh a year earlier. Revenue more than doubled to ₹78.27 lakh. The company's net worth expanded from ₹3.44 lakh to ₹34.87 lakh, and EPS climbed to ₹1.01. The statutory auditors signed off with an unmodified opinion. The percentage moves are eye-popping. But the absolute scale is minuscule. This is a business generating ₹31 lakh in annual profit. The growth is real. It is growth from a standing start.
Questions answered
- How large was the profit jump in percentage terms?
- Net profit grew from ₹2.73 lakh to ₹31.43 lakh, an increase of over 1,000%.
- What was the primary driver of the improved profitability?
- Revenue from operations more than doubled, growing to ₹78.27 lakh from ₹36.48 lakh in the prior year.
- What is the company's actual scale despite the growth?
- It remains very small. Full-year revenue is ₹78.27 lakh and profit is ₹31.43 lakh, with a net worth of ₹34.87 lakh.
- Did the statutory auditors raise any concerns?
- No. The auditors issued an unmodified opinion on the financial statements, providing a clean sign-off.