Saurashtra Cement Limited has informed the Exchange regarding Appointment of Ms M. Goyal as Cost Auditors of the company w.e.f. May 12, 2026 at Board Meeting held today 12.05.2026
SAURASHCEM · price
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Saurashtra Cement Limited declared audited financial results for Q4 and FY2026 (standalone and consolidated). Statutory auditors Manubhai & Shah LLP issued unmodified opinions on both standalone and consolidated results. The Board appointed M/s. Goyal & Co., Cost Accountants as Cost Auditors and Pipalia Singhal & Associates as Internal Auditors for FY2026-27. Key financials show profit before tax declined significantly to Rs 652.73 lakhs from Rs 1,401.87 lakhs in the previous year—a decline of over 53%. However, operating profit before working capital changes improved to Rs 6,162.76 lakhs from Rs 4,690.73 lakhs. The company recorded an exceptional item of Rs 1,011.37 lakhs. Total equity stood at Rs 9,616.36 lakhs and total assets at Rs 15,879.35 lakhs.
The sharp decline in pre-tax profit despite improved operating performance is a concern. The exceptional item and significant drop in PBT (from Rs 14.02 crore to Rs 6.53 crore) may indicate one-time charges impacting bottom line. However, clean audits and appointment of new auditors maintains governance standards. Shareholders should monitor the nature of exceptional items and revenue performance in FY2027.