This is to inform the Exchange that at the meeting of the Board of Directors of SARUP INDUSTRIES LIMITED held on Saturday 30th May 2026 at 01.00 PM at the registered office of the Company ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sarup Industries Limited reported audited financial results for the year ended March 31, 2026. Total income was Rs. 1,656.62 lakhs, marginally up from Rs. 1,602.53 lakhs in the prior year (less than 1% growth). Net profit declined sharply to Rs. 56.83 lakhs from Rs. 478.87 lakhs in the prior year. However, this decline is largely due to an exceptional item of Rs. 413.99 lakhs included in the prior year. Before exceptional items, operating profit improved from Rs. 45.15 lakhs to Rs. 36.63 lakhs (though this also declined). EPS dropped from Rs. 14.72 to Rs. 1.75. The statutory auditor M/s Y.K. Sud & Co issued an unmodified (clean) opinion. The company manufactures shoes and shoe uppers. Shareholding remained stable with promoters holding 74.36%.
The stock may see negative reaction due to sharply lower net profit and EPS. However, the clean audit opinion and prior year exceptional items provide some context. The very low EPS of Rs. 1.75 against previous Rs. 14.72 will likely concern investors.