Golden Carpets posts ₹1.24 lakh Q4 profit after deep loss
The nano-cap carpet maker turned a tiny quarterly profit, but the full-year net loss stands at ₹16.39 lakh on total revenue of ₹96.77 lakh.
— 1 earlier story on Golden Carpets Ltd. →What's new
- Golden Carpets swung to a Q4 net profit of ₹1.24 lakh from a net loss of ₹22.18 lakh in Q3.
- The full year ended March 2026 was still a net loss of ₹16.39 lakh on revenues of ₹96.77 lakh.
- Board appointed Atluri Ramesh and Associates as secretarial auditor for FY26.
Why this matters
This is a micro-cap with a market capitalization of ₹8 crore. The quarterly profit, while a directional improvement, represents less than 0.2% of its total valuation. The business is not yet covering its full-year losses.
What we're watching
- Whether the Q4 profit trend holds into FY27.
- Any meaningful revenue growth beyond the current ₹96.77 lakh annual base.
- Movements in the stock from its nano-cap valuation.
The full read
Golden Carpets turned a tiny profit in the March quarter, posting ₹1.24 lakh in net income after a ₹22.18 lakh loss in the three months prior. That's the good news. The bad: the full year is still a net loss of ₹16.39 lakh on total revenues of ₹96.77 lakh. For a company with an ₹8 crore market cap, the quarterly profit is a rounding error. It represents less than 0.2% of its valuation. The business remains deeply in the red on an annual basis, and the annual revenue is just 12% of the market capitalization. The filing is otherwise routine, including a standard secretarial auditor appointment. The numbers are too small to signal a fundamental change in the company's trajectory.
Questions answered
- What was the net result for Q4 and the full year?
- Golden Carpets reported a net profit of ₹1.24 lakh in Q4, compared to a net loss of ₹22.18 lakh in the previous quarter. For the full fiscal year 2026, it posted a net loss of ₹16.39 lakh.
- How large is the company in terms of revenue and market cap?
- The company has a market capitalization of ₹8 crore. Its total revenue for FY26 was ₹96.77 lakh, meaning the annual top line is roughly 12% of its market value.
- What else did the board approve in this filing?
- The board approved the appointment of Atluri Ramesh and Associates as the company's secretarial auditor for the fiscal year 2025-26, a routine statutory requirement.
- Is the quarterly profit material relative to the company's size?
- No. The Q4 profit of ₹1.24 lakh is less than 0.2% of Golden Carpets' ₹8 crore market capitalization, making it negligible in absolute terms.
Story so far
All notes on GOLCA →- 29 May 2026 · 7:14 PM IST Golden Carpets posts ₹1.24 lakh Q4 profit after deep loss
- 1d ago Golden Carpets posts tiny Q4 profit, but FY26 still in the red