Please find attached herewith Outcome of the Board Meeting held on Saturday, 23rd May, 2026
SANSTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanstar Ltd reported audited standalone financial results for FY2026 (year ended March 31, 2026). Full year revenue from operations declined to Rs. 784.63 Crore from Rs. 957.45 Crore in FY25, a drop of about 18%. Net profit fell to Rs. 34.45 Crore from Rs. 43.80 Crore, down 21%. However, Q4 FY26 showed strong recovery with net profit jumping to Rs. 20.49 Crore versus just Rs. 5.52 Crore in Q4 FY25. The Board also appointed M/s. Keyur J. Shah & Associates as Secretarial Auditors and M/s. Kamal M. Shah & Co. as Internal Auditors for FY2026-27. The company's IPO funds of Rs. 361.54 Crore have been fully deployed towards Dhule plant expansion and debt repayment. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
While FY26 performance declined year-on-year due to likely market conditions, the strong Q4 recovery is a positive signal. The completed Dhule plant expansion and full utilization of IPO proceeds indicate capacity building for future growth. The clean audit opinion reinforces financial statement reliability for investors.