With reference to the above, we hereby submit / inform that:1. The Board of Directors ( the Board ) of the Company at its meeting held on 12th May 2026, has approved the Audited Financial Results (Standalone and Consolidated) of the Company for the Fourth Quarter & Financial Year ended 31st March 2026.2. The said Audited Financial Results prepared in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) together with the Auditors Report are enclosed herewith. These results are also being uploaded on the Company s website path at https://scl.mehtagroup.com .We would like to inform you that M/s. Manubhai & Shah LLP, Statutory Auditors have issuedtheir Audit Reports with unmodified opinion on Audited Financial Results (Standalone and Consolidated) for the Fourth Quarter & Financial Year ended 31st March 2026.3. The Board has, based on the recommendations of the Audit Committee, approved:- Appointment of M/s. M. Goyal & Co., Cost Accountants, Cost Auditors, Jaipur to conduct the audit of the cost records maintained by the Company for Financial Year 2026-27.- Appointment of M/s. Pipalia Singhal & Associates, Chartered Accountants, Mumbai as Internal Auditors to conduct the internal audit of the records maintained by the Company for Financial Year 2026-27.The disclosures on Point 4 pursuant to the SEBI Listing Regulations and the SEBI circular bearing reference number SEBI/HO/CFD/CFDPoD1/ P/CIR/2023/123 dated 13th July 2023 are enclosed herewith as Annexure A.This intimation will also be uploaded on the Company s website path at https://scl.mehtagroup.com. The meeting commenced at 11.30 a.m. and ended at 1.35 p.m.
SAURASHCEM · price
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Saurashtra Cement Limited's Board approved audited standalone and consolidated financial results for Q4 and FY 2025-26. The statutory auditors Manubhai & Shah LLP issued an unmodified (clean) audit opinion on both standalone and consolidated results. Key financial data shows profit before tax declined significantly from ₹1,401.87 lakhs to ₹652.73 lakhs year-on-year. The company recorded an exceptional item of ₹1,011.37 lakhs during the year. The Board also appointed M/s. M. Goyal & Co. as Cost Auditors and M/s. Pipalia Singhal & Associates as Internal Auditors for FY 2026-27. Cash and cash equivalents increased to ₹7,862.24 lakhs from ₹6,015.32 lakhs, while borrowings decreased from ₹13,449.46 lakhs to ₹10,619.10 lakhs.
The sharp decline in profitability (over 50% drop in PBT) despite exceptional items being recorded is a concern for investors. However, the clean audit opinion and reduction in debt levels provide some comfort. The significant profit decline may negatively impact investor sentiment in the near term.