The Board of Directors at its meeting held on 12th May 2026 based on recommendation of Audit Committee has approved the appointment of: 1. M/s. M. Goyal & Co., Cost Auditors to conduct ....
SAURASHCEM · price
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Saurashtra Cement Limited held its Board meeting on 12th May 2026 and approved the audited standalone and consolidated financial results for Q4 and FY ended 31st March 2026. Statutory auditors Manubhai & Shah LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The Board also appointed M/s Goyal & Co. as Cost Auditors and M/s Pipalia Singhal & Associates as Internal Auditors for FY 2026-27. The consolidated PBT for the year was ₹657.87 lakhs (vs ₹1,407.38 lakhs previous year), with an exceptional item of ₹1,011.37 lakhs. Net cash from operating activities stood at ₹3,630.78 lakhs (standalone), indicating positive cash generation.
Clean audit opinion is positive for investors. The appointment of specialized internal auditors and cost auditors reflects good governance. However, the exceptional item and reduced PBT compared to previous year warrant attention when full revenue and profit figures are reviewed.