Pacific Industries profit plunges 74% as annual income drops
The marble and granite firm saw its consolidated net profit slide to ₹1.99 crore for FY26, while quarterly revenue fell by more than a third.
— 2 earlier stories on Pacific Industries Ltd. →What's new
- Consolidated total income for FY26 fell to ₹160.97 cr from ₹257.12 cr.
- March quarter revenue dropped to ₹38.53 cr, down from ₹59.61 cr a year ago.
- The board re-appointed M/s. Pachori Rupesh & Associates as internal auditors.
Why this matters
For a company with a market cap of only ₹101 crore, a 74% profit collapse is a severe blow to its financial stability. The sharp contraction in both top and bottom lines suggests deep-seated issues in its core marble and granite operations.
What we're watching
- Whether the company can stabilize its revenue in the coming quarters.
- Any management commentary on the specific causes of the operational decline.
- The impact of these results on the company's liquidity and debt position.
The full read
Pacific Industries is struggling. The marble and granite firm reported a 74% drop in consolidated net profit to ₹1.99 crore for the fiscal year ended March 31, 2026. Total income fell to ₹160.97 crore from ₹257.12 crore the year prior. The weakness extended into the final quarter, where revenue slid to ₹38.53 crore against ₹59.61 crore in the corresponding period of the previous year. With a market capitalization of just ₹101 crore, the company is highly sensitive to the operational headwinds currently hitting its core business. While the statutory auditors provided an unmodified opinion, the scale of the decline is difficult to ignore. The board’s decision to re-appoint M/s. Pachori Rupesh & Associates as internal auditors for 2026-27 provides continuity, but it does little to address the underlying contraction in the business. The numbers speak for themselves.
Questions answered
- How did the company perform on a consolidated basis for FY26?
- Consolidated total income fell to ₹160.97 crore from ₹257.12 crore in the previous year. Net profit dropped 74% to ₹1.99 crore.
- What was the revenue trend for the March quarter?
- Revenue for the March quarter slid to ₹38.53 crore compared to ₹59.61 crore in the same period last year.
- Did the auditors raise any concerns about the financial results?
- No. The statutory auditors issued an unmodified opinion on the annual figures.
- What internal governance decisions were made at the board meeting?
- The board confirmed the re-appointment of M/s. Pachori Rupesh & Associates as internal auditors for the 2026-27 financial year.
Story so far
All notes on PACIFICIND →- 29 May 2026 · 12:33 AM IST Pacific Industries profit plunges 74% as annual income drops
- today Pacific Industries profit drops 74% as annual income shrinks
- today Pacific Industries revenue drops 37% as profits crater