Odyssey Corporation profit jumps 243% as revenue hits ₹46.6 crore
The nano-cap firm reported a sharp increase in annual earnings for FY26, with net profit rising to ₹9.67 crore on the back of a 64% revenue gain.
— 1 earlier story on Odyssey Corporation Ltd. →What's new
- Standalone revenue rose to ₹46.62 crore from ₹28.3 crore in the prior year.
- Net profit surged to ₹9.67 crore, up from ₹2.8 crore.
- Auditors issued an unmodified opinion on both standalone and consolidated statements.
Why this matters
For a company with a market cap of only ₹62 crore, this scale of profit expansion is a major shift. The clean audit opinion provides a necessary baseline of credibility for such a rapid financial turnaround.
What we're watching
- Whether this growth rate is sustainable in the coming quarters.
- The impact of the new internal auditor appointment on governance.
- Any further details on the drivers behind the revenue surge.
The full read
Odyssey Corporation delivered a sharp performance for the year ended March 31, 2026. Standalone revenue climbed to ₹46.62 crore, a 64% increase over the ₹28.3 crore reported in the previous year. Net profit followed a steeper trajectory, surging 243% to ₹9.67 crore from ₹2.8 crore.
Growth is accelerating.
With a market capitalization of just ₹62 crore, this level of expansion is a material event for a company of this size, especially given that the board confirmed funds from its preferential allotment were used as intended and the auditor provided an unmodified opinion on all financial statements. The appointment of Yogesh Bhuva & Co as internal auditor rounds out the administrative updates, but the next test is whether this momentum holds in the current fiscal year.
Questions answered
- How did Odyssey Corporation perform in FY26 compared to the previous year?
- The company saw significant growth, with standalone revenue rising 64% to ₹46.62 crore and net profit climbing 243% to ₹9.67 crore.
- Did the auditors raise any concerns about the financial statements?
- No. The auditor issued an unmodified opinion on both the standalone and consolidated financial statements.
- Were there any issues regarding the use of funds from preferential allotments?
- The company confirmed there was no deviation in the use of funds from its preferential allotment.
- What governance changes did the board approve?
- The board appointed Yogesh Bhuva & Co as the internal auditor for the new fiscal year.
Story so far
All notes on ODYCORP →- 27 May 2026 · 4:23 PM IST Odyssey Corporation profit jumps 243% as revenue hits ₹46.6 crore
- today Odyssey Corporation profit triples as revenue climbs 64%