The Board at their meeting held on today considered and approved the Audited Financial Results for the quarter and year ended 31.03.2026
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Scintilla Commercial & Credit Ltd reported a net loss of Rs 18.45 lakh for FY2026, a significant decline from net profit of Rs 3.45 lakh in FY2025. Total revenue increased marginally to Rs 65.02 lakh from Rs 62.15 lakh. However, total expenses rose sharply to Rs 81.97 lakh from Rs 61.39 lakh, driving the company into loss. Earnings per share turned negative at Rs -0.19 for the year. The company appointed M/s Srimal Jain & Co. as internal auditors for FY2026-27 and approved related party transactions for H2 FY2026. The statutory auditor issued an unmodified (clean) opinion on the financial results.
The company swung from marginal profitability to losses in FY2026, with higher expenses eroding revenue gains. Negative EPS and negative other equity (Rs -16.49 lakh) indicate accumulated losses, which is concerning for shareholders.