Dear Sir/Madam, Enclosed herewith is the Newspaper publication of the Financial results for the quarter and year ended 31st March 26.
DAMODARIND · price
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Damodar Industries Ltd has published its Q4 and FY2026 financial results in Business Standard and Mumbai Lakshadeep newspapers. The filing actually contains consolidated financial results of Shree Hari Chemicals Export Ltd (CIN: L99999MH1987PLC044942). For FY2026, standalone income from operations was Rs. 18,450.48 lakhs, a significant increase from Rs. 14,119.58 lakhs in FY2025 (approximately 30.7% YoY growth). However, net profit after tax declined to Rs. 411.81 lakhs from Rs. 509.75 lakhs in FY2025 (down about 19.2%). Basic EPS for FY2026 stood at Rs. 8.03 compared to Rs. 11.41 in the previous year. Q4 FY2026 standalone net profit after tax was Rs. 104.49 lakhs. The results were approved by the Board on May 15, 2026.
Despite strong revenue growth of ~31% YoY, the company's net profit declined by ~19% indicating margin compression. This may concern investors as profitability has deteriorated despite higher sales. The company attributed an incremental impact of Rs. 31.61 lakhs to new labour code provisions affecting employee benefits.