Reappointment of Internal Auditor for FY 2026-27
SANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sandhar Technologies held its Board meeting on May 21, 2026, approving audited financial results for Q4 and FY ended March 2026. Consolidated revenue grew to ₹4,852 crore from ₹3,885 crore YoY, with net profit rising to ₹199 crore from ₹146 crore. The company recommended a final dividend of ₹4 per share (40% face value) for FY 2025-26, subject to shareholder approval. The Board reappointed M/s GSA & Associates LLP as Internal Auditors for FY 2026-27 and also decided to explore vehicle telematics opportunities through potential technological collaborations or joint ventures. Notable one-time items included a ₹3,401 lakh gain from Pecenya plant sale and ₹178 lakh expense due to new Labour Codes.
Strong financial performance with ~30% YoY profit growth is positive for shareholders. The routine reappointment of internal auditors and dividend recommendation indicate stable governance. The telematics exploration signals potential diversification into technology-driven automotive components.