SATIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Satia Industries reported audited Q4 and FY2026 results showing revenue of Rs 1,45,191 lakhs, down 4% from FY25 (Rs 1,51,199 lakhs). Profit for the year dropped significantly to Rs 4,091 lakhs versus Rs 11,862 lakhs in FY25, a decline of about 65%, partly due to an exceptional charge of Rs 667 lakhs from new labour codes. The Board recommended a final dividend of Rs 0.40 per share (40% on Rs 1 face value) for FY2026, subject to shareholder approval at AGM. Statutory auditors gave a clean (unmodified) opinion on the financial statements. The company appointed M/s Moore Singhi, Chartered Accountants, Noida as its Internal Auditor for FY 2026-27.
Sharp profit decline may concern investors; however, clean audit opinion and dividend declaration provide some comfort. The change in internal auditor (external firm replacement) appears routine and does not indicate governance issues.