Silverline Technologies reported a net loss of ₹3.9 crore for the financial year ended March 31, 2026 (FY26), compared to a loss of ₹42.7 lakh in FY25. Despite this loss, the company achieved remarkable revenue growth with revenue from operations expanding 507% year-on-year to ₹203.6 crore from ₹33.7 crore in the prior period. The company's profit before tax stood at ₹2.2 crore for FY26, marking a significant turnaround from the previous year's loss. However, a substantial tax expense of ₹6.2 crore turned this pre-tax profit into a net loss, highlighting the impact of tax provisions on the company's bottom line.
The fourth quarter of FY26 witnessed a sharp deterioration in profitability, with the company posting a quarterly loss before tax of ₹26.4 crore, contrasting sharply with a profit before tax of ₹4.1 lakh in the same quarter last year. This quarterly loss was primarily driven by other expenses, which jumped to ₹26.2 crore in Q4FY26, up from ₹94.7 lakh in Q4FY25. The company's total income for FY26 stood at ₹207.7 crore, aided by other income of ₹4.1 crore, which was not present in the previous fiscal year. However, total expenses rose to ₹205.4 crore from ₹34.1 crore in FY25, with purchases of stock-in-trade accounting for the majority at ₹178.7 crore, up from ₹30.8 crore in FY25.
The company's operating profit margin (OPM) remained at 14.99% for the quarter ended June 2026, according to the financial data reported by Business Standard. Additionally, PBDT (Profit Before Depreciation and Tax) and PBT (Profit Before Tax) both stood at ₹1.50 crore, reflecting a 100% decline from the previous year's corresponding figures. As of March 31, 2026, total assets remained relatively stable at ₹162.4 crore, compared to ₹162.6 crore in the previous year. Trade receivables increased substantially to ₹97.9 crore from ₹38.4 crore, reflecting the higher revenue base, while non-current borrowings decreased slightly to ₹33.0 crore from ₹33.9 crore. The revised standalone and consolidated financial results were approved by the Board of Directors on May 30, 2026, with Sarang Shivajirao Chavan and Associates serving as independent auditors.
