Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Board of Aryan Share & Stock Brokers Ltd approved audited financial results for FY ending March 2026. Total income more than doubled to Rs 269.68 lakhs from Rs 121.27 lakhs in FY2025, driven by higher rental income and net fair value gains. The company turned profitable with net profit of Rs 181.80 lakhs versus a loss of Rs 31.42 lakhs in the previous year. Basic EPS improved to Rs 6.06 from negative Rs 1.05. Statutory auditors Ramesh and Ramachandran issued an unmodified (clean) opinion. An Emphasis of Matter was raised regarding Tamil Nadu stamp duty payable of Rs 40.59 lakhs shown as other payable due to an ongoing dispute over excessive stamp duty rates compared to other states. The board also appointed S Ramesh Kumar & Associates as internal auditor for FY 2026-27.
Strong turnaround from loss to profit with over 122% revenue growth is positive for shareholders. The clean audit opinion removes concerns about financial reporting quality. However, the stamp duty contingency (Rs 40.59 lakhs as other payable) remains a potential liability if court rules against brokers.