1. Approved the Audited Financial Results (Standalone) for the quarter and year ended 31st March, 2026, as recommended by the Audit Committee together with the Report of Auditors on the ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Saffron Industries Ltd reported FY2026 results with revenue of Rs 686.39L (up 8.6% from Rs 632.15L). However, profit after tax declined significantly to Rs 157.40L from Rs 280.88L in the prior year—a 44% drop. EPS fell to Rs 2.19 from Rs 3.91. Depreciation increased to Rs 225.34L while other expenses reduced to Rs 231.97L. The company had nil finance costs. Other equity stands at negative Rs 976.73L, indicating accumulated losses. The auditor issued an unmodified opinion with no qualifications, and the going concern basis was confirmed appropriate. The board also re-appointed Mr. Gopal M. Choudhary as Internal Auditor for FY 2026-27.
The sharp PAT decline despite revenue growth signals margin compression, likely due to higher depreciation. Shareholders should note the accumulated negative equity position, though the clean audit provides some comfort. The stock may face pressure given the earnings contraction.