Board of Directors of the Company at its meeting held on Thursday, 12th February, 2026, inter alia, has considered and approved the Un-Audited Standalone and Consolidated Financial Results ....
ZSARACOM · price
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The board of Saraswati Commercial (India) Ltd approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the limited review report from statutory auditors GBCA & Associates LLP. The company is engaged in investments and trading in shares and securities, with revenue largely driven by net gains/losses on fair value changes. Results indicate a net loss for the period under review (standalone and consolidated), reflecting adverse mark-to-market movements on financial instruments. A notable change is the statutory auditor: GBCA & Associates LLP has replaced the previous auditor Ajmera Ajmera and Associates, who had reviewed the December 2024 results. Both subsidiaries (Sareshwar Trading and Finance Pvt Ltd and Arkaya Commercial Pvt Ltd) were not individually reviewed by their auditors but are immaterial to the group.
Shareholders should note the reported losses likely reflect fair value write-downs on investments rather than core operating issues, given the company's investment/trading business model. The auditor change between review periods is worth monitoring — investors may want clarity on the reasons for the switch.