Outcome of Board Meeting held on 29.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SAB Industries Ltd board approved standalone and consolidated audited financial results for FY2026 (year ended March 31, 2026). Standalone revenue grew 21.8% to Rs 4,693.91 lakhs from Rs 3,851.67 lakhs. However, standalone net profit declined to Rs 176.43 lakhs from Rs 207.16 lakhs in the previous year. The consolidated results show a net loss of Rs 1,067.22 lakhs primarily due to Rs 1,213.72 lakhs share of loss from associate Sab Udyog Limited. The company appointed M/s Gupta Abhinav & Associates as internal auditors for FY2026-27. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financial statements.
Despite healthy standalone revenue growth, the company faced profit decline due to margin compression and significant losses from its associate company. Consolidated loss may concern investors, though the clean audit opinion indicates no reservations about financial reporting quality.