outcome of the Board meeting held today
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shangar Decor Ltd's board approved its Q3 FY26 (quarter ended December 31, 2025) unaudited standalone financial results. Revenue from Operations for the quarter stood at Rs. 515.77 lacs, down from Rs. 553.41 lacs in Q3 FY25, a decline of about 6.8%. Net Profit for the quarter fell sharply to Rs. 68.08 lacs from Rs. 147.16 lacs in the year-ago quarter, a drop of roughly 54%. For the nine-month period FY26, PAT declined to Rs. 96.75 lacs vs. Rs. 234.72 lacs in 9M FY25. The statutory auditors, S K Bhavsar & Co., issued a Limited Review Report that includes an Emphasis of Matter flagging that trade receivables, trade payables, loans and advances balances are pending third-party confirmations and reconciliation, and that reliable valuation documents for investments were not made available to them. The auditor relied on management's representations. The review conclusion itself was not modified.
Sharp YoY fall in quarterly profit (down ~54%) is a negative signal for shareholders and may weigh on the stock. The Emphasis of Matter on pending verifications of receivables, payables and investments adds a governance/transparency concern, even though the auditor's review opinion remains unmodified.