Pursuant to the provisions of Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (as amended), we wish to inform ....
Awaiting price reaction for this filing.
The Board of Directors of Sunshine Capital Limited met on 8 August 2025 and approved the unaudited standalone and consolidated financial results for the quarter ended 30 June 2025 (Q1FY26). The company reported a profit before tax of ₹2,945.349 lakhs in Q1FY26, a sharp turnaround from a loss of ₹852.292 lakhs in the previous quarter (Q4FY25). Total income for the quarter stood at ₹233.412 lakhs compared to ₹287.791 lakhs in the corresponding quarter last year (Q1FY25). Basic and diluted earnings per share for the quarter was ₹0.056, against a loss per share of ₹0.015 in Q4FY25. The Board also confirmed that Regulation 32 of SEBI (LODR), which deals with deviation in use of issue proceeds, is not applicable as the company has not raised funds through any public, rights or preferential issue. Statutory auditor VRSK & Associates issued an unmodified limited review report on both the standalone and consolidated results.
The strong sequential swing from a loss to a sizeable profit in Q1FY26 is a positive signal for shareholders, though the unusual total expense figure (negative ₹2,111.937 lakhs, driven by inventory adjustments) suggests the results need closer scrutiny. No fresh capital has been raised, so there is no dilution risk for existing shareholders.