Outcome of the Board Meeting Held today
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▲ 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 unaudited standalone financial results for Q2 and H1 FY26 (ended September 30, 2025). H1 revenue from operations fell modestly to ₹511.07 lakh from ₹528.91 lakh in the same period last year (about 3.4% decline). Net profit for H1 dropped sharply to ₹28.67 lakh from ₹87.56 lakh, a roughly 67% fall, though Q2 standalone net profit improved to ₹16.44 lakh from ₹12.24 lakh year-on-year. The board also appointed M/s. Kishan Patel and Associates as Internal Auditor for five years (FY 2025-26 to FY 2029-30). The statutory auditor (S K Bhavsar & Co.) issued an unmodified limited review but flagged an Emphasis of Matter, noting that trade receivables, payables, loans and advances, and investments are pending third-party confirmation and reconciliation.
Short-term share sentiment may be weak due to the steep H1 profit decline and auditor's emphasis on unverified balances, even though Q2 PAT showed sequential recovery. The new long-term internal auditor appointment is a routine governance update with no immediate financial effect.