Pacific Industries profit drops 74% as annual income shrinks
The marble and granite firm reported a sharp contraction in FY26, with consolidated income falling to ₹160.97 crore.
— 2 earlier stories on Pacific Industries Ltd. →What's new
- Consolidated annual income fell to ₹160.97 crore from ₹257.12 crore.
- Standalone revenue for the March quarter dropped to ₹38.53 crore.
- The board re-appointed M/s. Pachori Rupesh & Associates as internal auditors.
Why this matters
For a company with a market cap of just ₹101 crore, a 74% profit collapse is a material event. The sharp contraction in both top and bottom lines suggests the firm is struggling with severe headwinds in its core marble and granite business.
What we're watching
- Whether the company can stabilize revenue in the coming quarters.
- Any management commentary on the specific causes of the downturn.
- The impact of these results on the firm's liquidity position.
The full read
Pacific Industries is facing a sharp contraction in its core marble and granite business. For the fiscal year ended March 31, 2026, the company reported consolidated total income of ₹160.97 crore, down from ₹257.12 crore the year prior. Net profit fell 74% to ₹1.99 crore. The weakness extended into the final quarter, where standalone revenue hit ₹38.53 crore, compared to ₹59.61 crore in the same period last year. With a market capitalization of only ₹101 crore, these results represent a material shift in the company's financial health. While the statutory auditors provided an unmodified opinion, the scale of the decline suggests the business is struggling to maintain its previous operational pace. The board has re-appointed M/s. Pachori Rupesh & Associates as internal auditors for the coming year, but the primary concern for stakeholders remains the underlying cause of the double-digit revenue shrinkage.
Questions answered
- How did Pacific Industries perform in FY26?
- The company saw a significant decline, with consolidated total income falling to ₹160.97 crore from ₹257.12 crore in the prior year. Net profit dropped by 74% to ₹1.99 crore.
- What was the revenue performance for the final quarter?
- Standalone revenue for the March quarter slid to ₹38.53 crore, down from ₹59.61 crore in the same period last year.
- Did the auditors raise any concerns?
- No. The statutory auditors issued an unmodified opinion on the annual financial figures.
- What governance decisions did the board make?
- During a meeting in Udaipur, the board confirmed the re-appointment of M/s. Pachori Rupesh & Associates as internal auditors for FY27.
Story so far
All notes on PACIFICIND →- 29 May 2026 · 1:36 AM IST Pacific Industries profit drops 74% as annual income shrinks
- today Pacific Industries profit plunges 74% as annual income drops
- today Pacific Industries revenue drops 37% as profits crater