Coral India Finance revenue drops to ₹1,539.64 lakhs in FY26
The company reported a decline in annual revenue and net profit, while maintaining a dividend of ₹0.20 per share.
What's new
- Revenue fell to ₹1,539.64 lakhs from ₹2,115.92 lakhs in the prior year.
- Net profit dropped to ₹1,478.62 lakhs from ₹1,749.01 lakhs.
- The board recommended a final dividend of ₹0.20 per share.
Why this matters
This is a routine annual disclosure for a nano-cap firm. The results show a contraction in both top and bottom lines, yet the dividend remains unchanged from the previous year.
What we're watching
- Whether the company can reverse the revenue slide in FY27.
- Any updates on the loan book quality in the upcoming annual report.
- Shareholder reaction to the flat dividend payout.
The full read
Coral India Finance and Housing reported a decline in its FY26 performance. Revenue from operations slipped to ₹1,539.64 lakhs from ₹2,115.92 lakhs in the previous year.
Net profit followed a similar trend, dropping to ₹1,478.62 lakhs from ₹1,749.01 lakhs. Despite the lower earnings, the board maintained the final dividend at ₹0.20 per share. The audit opinion remains unmodified.
Routine.
This filing is a standard annual disclosure with no unexpected developments for the market to digest.
Questions answered
- How did the company's annual profit change?
- Net profit for the year ended March 31, 2026, was ₹1,478.62 lakhs, a decrease from the ₹1,749.01 lakhs reported in the previous year.
- What dividend did the board recommend?
- The board recommended a final dividend of ₹0.20 per share, which is consistent with the payout from the prior year.
- Was the audit report clean?
- Yes, the audit opinion for the standalone financial results is unmodified.
- Does this filing contain any material surprises?
- No. This is a standard periodic filing that aligns with expected annual reporting cycles.