Outcome of Board Meeting held today i.e. Thursday, 21st May, 2026 and Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
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Scarnose International Ltd's Board approved audited financial results for FY2026 ending March 31. Revenue grew 18.5% to ₹1,210.16 Lakhs from ₹1,021.22 Lakhs. Profit Before Tax surged to ₹25.33 Lakhs versus just ₹0.90 Lakhs in FY2025 - a dramatic turnaround. Net profit stood at ₹18.96 Lakhs with EPS of ₹0.26 (vs ₹0.02). However, Q2 showed a loss of ₹9.91 Lakhs despite strong first-half performance. The company operates in Animal Food Products segment with no subsidiaries. Two new auditor appointments were made: Gaurav Bachani & Associates as Secretarial Auditor for FY2025-26, and Princy Mehta & Associates as Internal Auditor for FY2026-27. The Statutory Auditor issued an Unmodified Opinion, and no investor complaints were pending.
Strong profit turnaround is positive for shareholders, though the small scale of operations and Q2 loss warrant caution. Clean audit opinion supports financial reliability. New auditor appointments indicate continued focus on governance compliance.