Please find enclosed outcome of Board Meeting.
Awaiting price reaction for this filing.
South Asian Enterprises Ltd reported annual audited results for FY2026 with total income of Rs.71.60 lakhs, up from Rs.67.90 lakhs in FY2025 (5.4% revenue growth). The company reduced its net loss after tax significantly to Rs.15.30 lakhs from Rs.333.53 lakhs in the previous year. Trading operations remain loss-making at Rs.42.69 lakhs, while the entertainment segment turned profitable at Rs.11.19 lakhs. The statutory auditor issued an unmodified (clean) opinion. The board approved appointments of new Managing Director and Whole Time Director effective September 2026, and appointed new internal and secretarial auditors for FY2026-27. Operating cash flow remained negative at Rs.25.37 lakhs.
The massive reduction in losses and clean audit opinion are positive signals, but the company remains loss-making with negative operating cash flow, suggesting continued caution for investors.