NEWS PAPER PUBLICATION OF THE FINANCIAL RESULT FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2026
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Salora International Ltd published its audited financial results for Q4 and FY2026 in newspapers on May 29, 2026, following Board approval on May 28, 2026. Total income from operations stood at Rs 15,274.54 lakhs for Q4 and Rs 49,919.03 lakhs for full year, compared to Rs 39,264.22 lakhs in the previous year, marking significant revenue growth. However, the company reported a net loss of Rs 306.38 lakhs for Q4 and Rs 27.66 lakhs for FY26, though this is an improvement from the Rs 407.46 lakh loss in FY25. Basic EPS for FY26 was Rs 6.24. The company wrote off Rs 237.71 lakhs in deferred tax assets due to unfavorable business conditions. Deferred tax assets of Rs 2,038.78 lakhs remain on books, with management expecting realization through enhanced product portfolio and operational efficiency. The company operates only in the Consumer Electronics Division segment.
Revenue growth of approximately 27% year-on-year is positive, but persistent losses indicate operational challenges in the consumer electronics sector. The write-off of deferred tax assets signals continued headwinds. Shareholders should monitor whether the new business strategy and product portfolio expansion can translate into profitability.