The Board of Directors of Coastal Corporation Limited met on May 30, 2026, to approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. In the standalone results, the company reported a revenue from operations of 17,467.03 Lakhs for the quarter ended March 31, 2026, compared to 15,455.44 Lakhs in the corresponding quarter of the previous year. The net profit for the period stood at 26.33 Lakhs, against 99.07 Lakhs in the same period last year. A comparative analysis of these financial results is presented in the table below:

Coastal Corporation Limited is a Visakhapatnam-based entity recognized by the Government of India as a Three Star Export House. The company is primarily engaged in the processing and export of marine products.

Coastal Corporation recently announced significant strategic updates, including the board’s approval to establish a 300 KLPD Ethanol manufacturing plant in the Kalahandi District of Odisha, with an estimated project cost of approximately INR 350 Crores, to be executed through its wholly-owned subsidiary, Coastal Biotech Private Limited. Additionally, the company has appointed new directors, including Mr. N. S. Narayan Rao and Ms. Vineesha Valsaraj, and re-appointed Dr. E. Sankara Rao to its board, aiming to strengthen governance and strategic leadership.

For the fiscal year ended March 31, 2026, the company reported a standalone annual revenue from operations of 68,236.42 Lakhs, compared to 61,112.14 Lakhs in the previous fiscal year. The standalone net profit for the year was 1,350.24 Lakhs, showing growth from 739.99 Lakhs in the previous year. The company’s board also recommended a final dividend of Rs. 0.28 per equity share for the financial year 2025-2026.