Announced Fri, 22 May · 17:23 IST

Convening of 40th Annual General Meeting (AGM) The Board approved the convening of the 40th AGM of the Company, scheduled to be held on Thursday, 23rd July, 2026. Book Closure Dates The ....

Pat Growth 25pctResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Ashirwad Steels & Industries Limited approved its audited standalone financial results for the year ended March 31, 2026. Revenue from operations declined to ₹416.34 lakh from ₹429.94 lakh in the prior year. Profit before tax grew to ₹52.31 lakh from ₹43.73 lakh, and net profit increased to ₹71.15 lakh from ₹61.56 lakh, representing approximately 15.6% PAT growth. The company is primarily engaged in lending and investments, having no trading or industrial business during the year. Statutory auditors C.K. Chandak & Co. issued an unqualified (clean) audit opinion on the financial statements. The 40th AGM is scheduled for July 23, 2026, with book closure from July 17–23, 2026.

Likely market impact

The company reported a clean audit with flat-to-improving profitability despite a slight revenue decline. The unqualified audit opinion and solid cash position (cash & equivalents of ₹117.03 lakh vs ₹45.59 lakh prior year) suggest no near-term concerns for shareholders.