The Board at their meeting held on today considered and approved the audited financial results for the quarter and year ended 31.03.2026 and also appointed M/s Srimal Jain & Co, Chartered ....
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Scintilla Commercial & Credit Ltd reported a net loss of Rs 18.81 Lacs for FY 2025-26, a significant decline from a profit of Rs 3.45 Lacs in the previous year. Total revenue increased marginally from Rs 61.91 Lacs to Rs 65.02 Lacs, driven by higher interest income. The company posted a loss before tax of Rs 16.95 Lacs versus a profit of Rs 0.75 Lacs in FY 2024-25. Other equity deteriorated to negative Rs 16.49 Lacs from negative Rs 8.96 Lacs. The statutory auditor Surajit Roy & Associates issued an unmodified (clean) audit opinion. The board also appointed M/s Srimal Jain & Co as internal auditors and approved related party transactions for H2 FY 2025-26.
The company swung from profit to loss in FY 2025-26, indicating deteriorating financial performance. Shareholders should monitor the negative equity trend and declining profitability. The clean audit opinion provides assurance on financial statement accuracy.