Results- Audited Standalone Financial Statements
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Scoobee Day Garments reported a standalone loss before tax of Rs. 737.78 lakhs for FY2026, compared to a loss of Rs. 344.01 lakhs in FY2025. Revenue from operations declined significantly to Rs. 2,169.56 lakhs from Rs. 3,274.92 lakhs in the previous year, representing a revenue decline of approximately 34%. The company completed a rights issue during the year, issuing 34.20 lakh shares at Rs. 19 per share, raising capital for debt repayment and general corporate purposes. Additionally, the company revalued its land and buildings, increasing their carrying value by Rs. 8,600.57 lakhs, with a revaluation surplus of Rs. 6,435.98 lakhs credited to Other Comprehensive Income. Total equity improved substantially from Rs. 493.10 lakhs to Rs. 9,414.73 lakhs due to the rights issue and revaluation. Statutory auditors Varma & Varma issued an unmodified (clean) opinion on the financial statements.
The company continues to incur losses with declining revenues and negative operating cash flow, though the substantial equity raise has strengthened the balance sheet. The clean audit opinion provides some comfort, but the operational performance remains weak and requires monitoring.