Saraswati Saree Depot Limited has informed the Exchange regarding Outcome of Board Meeting held on August 14, 2025.
SSDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose to ₹1,447.71 million from ₹1,303.73 million in Q1 FY25, a growth of about 11%. Profit after tax stood at ₹63.52 million versus ₹61.00 million a year earlier, up roughly 4%. The board also approved the Board's Report for FY25 and the draft notice for the 5th Annual General Meeting scheduled for September 25, 2025 via video conferencing. Additionally, Mrs. Pallavi Korgaonkar was appointed as Independent Director for a three-year term effective September 9, 2025, subject to shareholder approval. An interim dividend of ₹1.515 per equity share (15.15%) had been declared earlier in April 2025.
Steady topline growth and broadly flat profit suggest stable quarterly performance, with no major positive or negative surprise. The director appointment and AGM-related items are routine corporate housekeeping. Investors should note the auditor's reliance on management-certified, unreviewed financials of the company's 50% associate partnership firm.