Outcome of the Board Meeting held on May 29, 2026
SANDESH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sandesh Ltd reported audited standalone revenue of Rs. 43,782 lakhs for FY2026, up 49.8% from Rs. 29,234 lakhs in FY2025, driven by new Trade in Commodities segment (Rs. 13,880 lakhs). However, standalone PAT declined 13% to Rs. 6,740 lakhs from Rs. 7,746 lakhs due to inventory cost spike and investment losses (Rs. 667 lakhs net loss on FVTPL). Consolidated PAT fell 14.6% to Rs. 6,584 lakhs. The Board recommended 50% dividend (Rs. 5/share). Statutory impact of Rs. 242 lakhs from new Labour Codes was recorded as an exceptional item. Auditors issued unmodified (clean) opinions on both standalone and consolidated results. The company reappointed its Internal Auditor (K.C. Mehta & Co.) and approved reappointment of CMD Falgunbhai Patel (5-year term) and Whole-Time Director Rahoul Shah.
Strong top-line growth of ~50% is offset by PAT decline; clean audit and dividend signal financial stability despite earnings pressure from investment mark-to-market losses and high Q4 inventory costs.