Audited Financial Results along with Audit Report for the quarter and year ended March 31, 2026 is attached.
SSDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company reported revenue from operations of Rs 6,311.62 million for FY2026, up 4.6% from Rs 6,035.90 million in FY2025. However, profit after tax declined significantly to Rs 234.06 million from Rs 305.76 million in the previous year, representing a 23.5% drop. The statutory auditor issued a qualified opinion due to the company's failure to maintain quantitative stock records for goods traded, though physical inventory counts were conducted. The qualification has been recurring for 5 years. The company also appointed M/s Ajit M. Joshi and Associates as internal auditor for FY2026-27.
The PAT decline of 23.5% and qualified audit opinion (ongoing for 5 years) indicate weak internal controls over inventory management, which could concern investors about asset valuation reliability. Revenue growth was modest at 4.6%.