Nila Spaces Limited Board Approves Audited FY26 Results, Appoints New MD & Chairman
Nila Spaces Limited's Board approved audited FY26 results. Standalone profit for Q4 FY26 was ₹682.52 lakh, and for the full year ₹1,520.12 lakh. Consolidated profit for Q4 FY26 was ₹939.90 lakh, and for the full year ₹2,875.77 lakh. Mr. Deep S Vadodaria was appointed Chairman & MD, and Mr. Prashant H Sarkhedi as Whole Time Director.
The financial results and key management changes are material information for investors, impacting the company's strategic direction and governance, hence a medium impact.
The announcement details the approval of audited financial results and significant management appointments, which are generally viewed positively by the market.
Nila Spaces Limited announced the outcome of its Board Meeting held on May 07, 2026. The Board approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the financial results for the quarter and year ended on the same date. The company also reported its Statement of Assets and Liabilities and Cash Flows as of March 31, 2026. The Board approved the appointment of Mr. Prashant H Sarkhedi as Whole Time Director and Mr. Deep S Vadodaria as Chairman and Managing Director. Furthermore, M/s M P Doshi & Associates were appointed as Internal Auditors and M/s Dalwadi & Associates as Cost Auditors for the financial year 2026-27.
The standalone financial results for the quarter ended March 31, 2026, showed total income of ₹17,535.32 lakh and a profit for the period of ₹682.52 lakh. For the full financial year ended March 31, 2026, total income stood at ₹71,151.09 lakh, with a profit for the period of ₹1,520.12 lakh.
Consolidated results for the quarter ended March 31, 2026, reported total income of ₹5,275.81 lakh and a profit for the period of ₹939.90 lakh. For the full financial year ended March 31, 2026, consolidated total income was ₹19,796.11 lakh, with a profit for the period of ₹2,875.77 lakh.
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Nila Spaces Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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