5323512026-01-012026-03-315323512026-03-315323512025-03-315323512025-04-012026-03-315323512026-01-012026-03-31in-capmkt:OtherExpenses1Member5323512025-04-012026-03-31in-capmkt:OtherExpenses1Member5323512026-03-31OtherNoncurrentFinancialAssetsDomain15323512026-03-31OtherNoncurrentAssetsDomain15323512026-03-31OtherCurrentFinancialAssetsDomain15323512026-03-31OtherCurrentAssetsDomain15323512026-03-31OtherNoncurrentFinancialLiabilitiesDomain15323512026-03-31OtherNoncurrentLiabilitiesDomain15323512026-03-31OtherCurrentFinancialLiabilitiesDomain15323512026-03-31OtherCurrentLiabilitiesDomain15323512026-01-012026-03-31in-capmkt:ReportableSegments1Member5323512026-01-012026-03-31in-capmkt:ReportableSegments2Member5323512025-04-012026-03-31in-capmkt:ReportableSegments1Member5323512025-04-012026-03-31in-capmkt:ReportableSegments2Member5323512026-01-012026-03-31in-capmkt:ReportableSegments1Member5323512026-01-012026-03-31in-capmkt:ReportableSegments2Member5323512025-04-012026-03-31in-capmkt:ReportableSegments1Member5323512025-04-012026-03-31in-capmkt:ReportableSegments2Member5323512026-01-012026-03-31in-capmkt:ReportableSegments1Member5323512026-03-31in-capmkt:ReportableSegments1Member5323512026-01-012026-03-31in-capmkt:ReportableSegments2Member5323512026-03-31in-capmkt:ReportableSegments2Member5323512026-01-012026-03-31in-capmkt:ReportableSegments1Member5323512026-03-31in-capmkt:ReportableSegments1Member5323512026-01-012026-03-31in-capmkt:ReportableSegments2Member5323512026-03-31in-capmkt:ReportableSegments2Member5323512026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15323512025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15323512026-01-012026-03-31AuditorDomain15323512026-01-012026-03-31in-capmkt:AuditedMember5323512026-03-31in-capmkt:AuditedMember5323512026-01-012026-03-31in-capmkt:AdjustedMember5323512026-03-31in-capmkt:AdjustedMember5323512026-01-012026-03-31AuditQualification1iso4217:INRiso4217:INRxbrli:shares532351AKSHOPTFBRNOTLISTEDINE523B01011AKSH OPTIFIBRE LIMITEDMain BoardEquity2025-04-012026-03-312026-05-282026-05-13INRLakhsQuarterlyFourth quarterMulti segment2026-05-2814:00:002026-05-2817:30:00trueCash Flow IndirectStatement on impact of audit qualification2026-01-012026-03-31AuditedConsolidated4083010001098800041928900027867300018585000-274800043979000226200002693800053817000441864000-225750004851500025940000035140003514000022426000000022426000-61325000-38899000000081349000050.140.14000.140.14Notes <BR> 1 The Consolidated financial results of the Company for the quarter and year ended March 31, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 28, 2026. <BR> <BR> 2 The Consolidated financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendments thereafter as prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. <BR> <BR> 3 The Holding Company has foreign currency payable and receivable balances which are outstanding for more than the period as prescribed in Foreign Exchange Management Act. The Company has already applied for necessary extension in consultation with RBI Consultant. Management does not expect any material implication on account of delays under the existing regulations. <BR> <BR> 4 During the current year, the Holding Company has classified foreign currency denominated receivables and payables outstanding for more than three years as non-operational in nature. Accordingly, foreign exchange fluctuation arising on such balances, which was included under Revenue from Operations up to March 31, 2025, have been reclassified and presented under Exceptional Income / (Expense) in the current year considering its materiality and nature. Comparative figures have not been regrouped for the quarter ended and year ended March 31, 2025 and are therefore not strictly comparable. Had the previous year figures been regrouped on a comparable basis Revenue from Operations and Exceptional Income for the quarter and year ended March 31, 2025 would have been lower by Rs. 1.62 Lakhs and Rs. 94.74 Lakhs, respectively. <BR> <BR> 5 One of the Financial Creditors of Holding Company had filed an application under Insolvency and Bankruptcy Code, 2016 before the National Company Law Tribunal (NCLT), Jaipur Bench. Pursuant thereto, the NCLT Jaipur Bench, vide its order dated January 21, 2026, passed a dissenting order and the matter was referred to the NCLT Special Bench for further adjudication. The arguments before the Special Bench concluded on May 20, 2026 and the Hon’ble Tribunal has reserved the matter for pronouncement of its order. <BR> <BR> 6 The Holding Company has not accounted for interest aggregating to Rs. 2,146.35 lakhs and cenvatable duty aggregating to Rs. 840.19 lakhs in respect of the Advance Authorization scheme and Export Promotion Capital Goods (EPCG) schemes till March 31, 2026. Management believes that these outstanding liabilities are expected to be resolved under the Government’s amnesty scheme on a principal duty basis. Accordingly, these amounts have not been recognized in the financial results, pending resolution under the amnesty framework. <BR> Had the Company recognized the aforesaid liabilities, total liabilities as at March 31, 2026 would have increased by Rs. 2,986.54 lakhs, total assets would have increased by Rs. 1,380.38 lakhs, profit for the quarter ended March 31, 2026 would have decreased by Rs. 48.08 lakhs (net of tax), and loss for the year ended March 31, 2026 would have increased by Rs. 115.01 lakhs (net of tax). <BR> Further, out of the aggregate unrecognized impact on retained earnings / losses (net of tax) amounting to Rs. 1,606.16 lakhs, an amount of Rs. 1,491.15 lakhs pertain to periods up to March 31, 2025 and the balance amount of Rs. 115.01 lakhs pertain to the year ended March 31, 2026. <BR> <BR> 7 Pursuant to the Notices received from Union Bank of India (UBI) under Section 13(2) & section 13(4) of SARFAESI Act, 2002 for claim amount of Rs. 4,973 lakhs (approximately) against which the Holding Company has filed the securitization application. The Hon’ble Tribunal vide its order dated March 24, 2026 allowed the Securitization Application and consequently quashed the Notices under section 13(2) and section 13(4) of SARFAESI Act, 2002. The outstanding balance payable to UBI as per books does not align with the balance reflected as per bank due to inappropriate adjustment of cutback paid by the holding company to bank since April 2021 (date of NPA) and simple interest being provided by the holding company on the outstanding balance. <BR> The Holding Company has during the period received a notice from HDFC Bank under Section 13(2) of SARFAESI Act, 2002 dated July 03, 2025 for claim amount of Rs. 3,663 lakhs. The Holding Company has filed the reply and will take all necessary actions to protect interests of all stakeholders. <BR> The Holding Company is actively pursuing settlement of the outstanding dues with the aforesaid lenders through a One Time Settlement (OTS) arrangement. <BR> <BR> 8 On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment has published draft Central Rules and FAQs to enable assessment of financial impact arising from changes in regulations. The Company has evaluated the impact of the revised definition of wages on employee benefit obligations. Based on the assessment performed, the management believes that there is no material impact, as the basic component of employee compensation is already above the prescribed threshold of 50% of total cost to company (CTC). <BR> <BR> 9 Exceptional Income/ (Expense) for the quarter and year ended March 31, 2026 of Rs. 485.15 Lakhs & Rs. 220.26 Lakhs inter-alia includes Exchange fluctuation loss of Rs. (188.08 Lakhs) & Rs. (519.04 Lakhs), (Provision) / reversal for doubtful debt of Trade Receivable & other assets of Rs. 316.49 Lakhs & Rs. 304.65 Lakhs, Profit / (Loss) on sale of Property, Plant and Equipment of Rs. Nil Lakhs & Rs. 3.23 Lakhs, Misc. Balances written back (net) of Rs 356.74 Lakhs & Rs. 431.42 Lakhs respectively. <BR> <BR> 10 The figures of the March 31, 2026 and March 31, 2025 quarter are the balancing figures between audited figures in respect of the full financial year and the unaudited published year-to-date figures up to end of the third quarter of the respecitve financial year, which were subjected to limited review. <BR> <BR> 11 The figures of the previous periods / year have been re-grouped /re-classified to render them comparable with the figures of the current period except as stated in note no 4 above 2025-04-012026-03-31AuditedConsolidated127231100020145000129245600080128800041264000266560001820630001112730001130700001944660001470080000-17762400022026000-1555980000-24867000-248670000-1307310000000-130731000-114315000-24504600000008134900005-942490000-0.8-0.800-0.8-0.8Other Expenses53817000Other Expenses1944660001008145000224200001399000007485900074859000440140001300001130789000168688000032573900016990002353400002802100014203000605002000134970004473300083192000097863400002941343000813490000-942494000-129004000-129004000000169876000169876000409830001703100022789000083548800005752660005752660005745570001985311000125062000164500014224000212624200071621500030703470002941343000Other non-current financial assets74859000Other non-current assets130000Other current financial assets14203000Other current assets44733000Other non-current financial liabilities169876000Other non-current liabilities17031000Other current financial liabilities574557000Other current liabilities125062000Manufacturing139819000Services268482000Manufacturing640083000Services63222800040830100012723110004083010001272311000Manufacturing-30367000Services27210000Manufacturing-93881000Services43769000-3157000-5011200022620000111273000-51717000-578700025940000-155598000Manufacturing2142878000Services6995580002842436000989070002941343000Manufacturing2666200000Services3867670003052967000173800003070347000111273000-8362000-125568000010265000-292000-232840004488000-5302600014824800005086700001130700000-290000402900010470400000020145000000-323000-113891000-475800000154183000-1415000000-3619000022040000000000056400017879000000000000000006979000000523350000041999000000000000-9835000-19600006765800000-57627000-134240000-13424000151230001699000Items that will not be classified to profit or (loss)16910001691000Items that will not be classified to profit or (loss)1691000169100042600042600062590000115580000-61325000-114315000AuditedQualified opinionP C Bindal & Co.true2027-07-311292456000129245600015375020001549003000-245046000-256547000-0.8-0.872941343000307938100030703470003369001000-129004000-289620000i. As explained in Note no 6 to the consolidated financial results, which states that the Holding Company has not accounted for interest aggregating to Rs. 2,146.35 lakhs and cenvatable duty aggregating to Rs. 840.19 lakhs in respect of obligations under the Advance Authorization Scheme and Export Promotion Capital Goods (EPCG) Scheme outstanding as at March 31, 2026. <br></br> <br></br> In our opinion, having regard to the requirements of Ind AS 37 Provisions, Contingent Liabilities and Contingent Assets, a provision should have been recognized in respect of the aforesaid liabilities. <br></br> <br></br> Had the Company recognized the aforesaid liabilities, total liabilities as at March 31, 2026 would have increased by Rs. 2,986.54 lakhs, total assets would have increased by Rs. 1,380.38 lakhs, profit for the quarter ended March 31, 2026 would have decreased by Rs. 48.08 lakhs (net of tax), and loss for the year ended March 31, 2026 would have increased by Rs. 115.01 lakhs (net of tax) and the aggregate unrecognized impact on retained earnings / losses (net of tax) amounting to Rs. 1,606.16 lakhs including Rs. 1,491.15 lakhs pertain to periods up to March 31, 2025. <br></br> <br></br> Qualified opinionRepetitiveAs stated in the said note, the management believes that such liabilities are expected to be settled under the Governments amnesty scheme on a principal duty basis and, accordingly, the aforesaid amounts have not been recognized in the books of account and have instead been disclosed as contingent liabilities pending resolution under the amnesty framework.As stated in the said note, the management believes that such liabilities are expected to be settled under the Governments amnesty scheme on a principal duty basis and, accordingly, the aforesaid amounts have not been recognized in the books of account and have instead been disclosed as contingent liabilities pending resolution under the amnesty framework.Not ApplicableNot ApplicableMR. GAURAV MEHTAMR. VARUN DUBEMR. SANJAY KATYALPC BINDAL & CO.NEW DELHI2026-05-28