Devine Impex reports annual profit dip as revenue slides
The nano-cap company posted a quarterly loss of ₹8.89 lakhs, capping a year where annual revenue fell to ₹170.17 lakhs.
— 1 earlier story on Devine Impex Ltd. →What's new
- Annual profit slipped to ₹3.10 lakhs from ₹3.29 lakhs in the prior year.
- The company recorded a quarterly loss of ₹8.89 lakhs for the period ended March 31, 2026.
- Auditors issued an unmodified opinion on the annual financial statements.
Why this matters
Devine Impex is a nano-cap entity with an ₹8 crore market valuation. These results are routine and contain no surprises for investors.
What we're watching
- Any signs of revenue stabilization in the coming quarters.
- Potential cost-cutting measures to address the recent quarterly loss.
- Liquidity and working capital updates for the new fiscal year.
The full read
Devine Impex has released its audited results for the year ended March 31, 2026. The nano-cap company, which carries a market capitalization of ₹8 crore, saw its annual revenue drop to ₹170.17 lakhs from ₹199.69 lakhs in the previous year. Annual profit also edged lower to ₹3.10 lakhs, compared to ₹3.29 lakhs in FY25. The most recent quarter was particularly weak, with the company posting a loss of ₹8.89 lakhs against a profit of ₹10.09 lakhs in the prior quarter. The auditor provided an unmodified opinion on the financials. This is a routine regulatory disclosure with no unexpected developments or new business updates.
Questions answered
- What was the company's profit for the full year?
- Devine Impex reported an annual profit of ₹3.10 lakhs for FY26, a slight decline from the ₹3.29 lakhs recorded in FY25.
- How did the most recent quarter perform?
- The company swung to a loss of ₹8.89 lakhs for the quarter ended March 31, 2026, compared to a profit of ₹10.09 lakhs in the preceding quarter.
- What is the auditor's view on these results?
- The auditor's report carries an unmodified opinion, indicating no significant concerns regarding the financial statements.
- Did revenue grow or shrink this year?
- Revenue fell to ₹170.17 lakhs in FY26, down from ₹199.69 lakhs in the prior year.
Story so far
All notes on DEVINE →- 27 May 2026 · 12:54 PM IST Devine Impex reports annual profit dip as revenue slides
- today Devine Impex reports flat annual profit of ₹3.10 lakhs