Revised Filing for the Results of Fourth Quarter and year ended on March 31, 2026
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Sarvamangal Mercantile Company reported a net profit of Rs. 41.14 lakhs for FY26, a sharp decline from Rs. 178.20 lakhs in FY25 — a drop of about 77%. The Q4 quarter itself showed a loss of Rs. 29.89 lakhs. Total comprehensive income turned negative at Rs. 1,104.65 lakhs for the year, largely due to mark-to-market losses of Rs. 1,145.79 lakhs on equity investments carried at fair value through OCI. Revenue from operations was minimal at Rs. 6.05 lakhs for Q4. Finance costs rose slightly to Rs. 37.04 lakhs. The statutory auditor issued an Unmodified Opinion (clean audit). The company scheduled its 43rd AGM for September 16, 2026.
Sharp decline in profitability and negative operating cash flow of Rs. 26.43 lakhs are concerning. However, the clean audit opinion and ongoing investment activities provide some stability. The significant OCI loss from equity fair value changes reduces total equity to Rs. 5,845.22 lakhs.