Alps Industries Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors met on May 30, 2026, to approve the standalone and consolidated financial statements, reporting an unmodified opinion from statutory auditors.

Alps Industries Limited is primarily engaged in the textile segment. The company has been navigating a corporate insolvency resolution process and, pursuant to a plan approved by the National Company Law Tribunal (NCLT) in 2025, has undergone restructuring, including the issuance of equity and preference shares to resolution applicants. Recent updates highlight the successful implementation of this resolution plan, which has extinguished prior financial liabilities and litigations.

In the fiscal year ended March 31, 2026, the company reported a Profit After Tax (PAT) of 2,675.90 Lakhs, compared to a loss of 6,389.70 Lakhs in the previous year. This turnaround is largely attributed to exceptional items of 7,737.15 Lakhs related to the resolution plan.

Note: The company reported no reportable segments other than the Textile Segment.