ARM Green Industries Posts Improved Profitability in FY2026

ARM Green Industries Limited, formerly known as Calcorp Limited, has reported a notable improvement in its financial performance for the year ended June 30, 2026, with the company’s standalone profit rising compared with the previous year.

According to the financial statements, the company generated total income of Rs. 28.02 million during FY2026, compared with Rs. 25.89 million in FY2025. The increase was primarily supported by other income, as income from vehicle plying for hire was reported at nil during the year. 284260

Standalone Profit Rises to Rs. 12.65 Million

The company’s standalone financial results show profit before income tax of Rs. 17.82 million, up from Rs. 15.21 million in the previous year. After accounting for current income tax of approximately Rs. 5.17 million, profit after tax reached Rs. 12.65 million, compared with Rs. 10.47 million in FY2025.

This represents an improvement in bottom-line performance despite the absence of revenue from vehicle-plying activities. Earnings per share also increased to Rs. 1.18, compared with Rs. 0.97 a year earlier. 284260

Consolidated Results Remain Under Pressure

The consolidated results present a different picture. Consolidated income from vehicle plying for hire fell to zero from Rs. 10.49 million in FY2025. The group reported other income of Rs. 14.89 million, while administrative and operating expenses amounted to approximately Rs. 13.62 million.

As a result, consolidated profit before tax declined sharply to Rs. 0.93 million, compared with Rs. 15.21 million in FY2025. After income tax of approximately Rs. 5.17 million, the consolidated financial statements recorded a loss after tax of Rs. 4.23 million, compared with a profit of Rs. 10.47 million in the preceding year. Consolidated loss per share stood at Rs. 0.39, against earnings per share of Rs. 0.97 in FY2025. 284260

Stronger Standalone Position

The contrast between the standalone and consolidated results is one of the key features of ARM Green Industries’ FY2026 financial performance. While the standalone company improved its earnings, the consolidated accounts were affected by the absence of vehicle-plying income and the resulting impact on group profitability.

The company’s standalone balance sheet also shows total assets of approximately Rs. 317.83 million at June 30, 2026. The financial statements report investments in a subsidiary, a loan receivable from the subsidiary and long-term deposits and prepayments as part of the company’s financial position. 284260

Cash Flow and Investment Activity

Cash-flow figures indicate that the company continued to deploy funds toward investment activities during the year. The standalone cash-flow statement records a Rs. 290 million loan to a subsidiary, contributing to a significant net cash outflow from investing activities. Cash and cash equivalents at year-end stood at approximately Rs. 13.82 million on the standalone basis. 284260

The consolidated cash-flow statement similarly shows investment-related outflows, while consolidated cash and cash equivalents at the end of the year were approximately Rs. 40.79 million. 284260

Outlook

ARM Green Industries’ FY2026 results highlight a mixed financial picture. The standalone company delivered stronger profitability, with profit after tax increasing to Rs. 12.65 million and earnings per share improving to Rs. 1.18. However, the consolidated accounts moved into a loss position because of the sharp reduction in vehicle-plying income and the effect of group-level expenses and taxation.

Going forward, the company’s ability to generate sustainable operating income, improve the contribution of its business activities and effectively utilize its investments will be important factors in determining future financial performance.

Overall, FY2026 was a year of improved standalone profitability but weaker consolidated earnings for ARM Green Industries Limited. 284260