This is to intimate that in the Board Meeting held on today (13th day of May, 2026), Board of Directors of the Company (SHREE RAM TWISTEX LIMITED) has considered and approved the transactions ....
SRTL · price
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Shree Ram Twistex Limited held its Board Meeting on May 13, 2026, approving the audited financial results for Q4 and full year ended March 31, 2026. The company reported total income of Rs 27,406.53 lakhs and net profit after tax of Rs 1,416.51 lakhs, representing significant growth from Rs 799.59 lakhs in the previous year. Total comprehensive income stood at Rs 1,420.32 lakhs with basic EPS of Rs 4.67. The Board also appointed Mr. Vishal H. Mehta as Internal Auditor and Mr. Tadhani Niketan Govindbhai as Cost Auditor for FY 2026-27. The company recently completed its IPO in March 2026, raising Rs 11,024 lakhs, and confirmed no deviations in the use of IPO proceeds - funds are being deployed for solar/wind power plants, debt repayment, and working capital as planned. Statutory auditors Doshi & Doshi & Co. issued an unmodified opinion on the financial statements.
Strong financial performance with 77% increase in net profit year-over-year, combined with clean audit opinion and proper IPO fund utilization, is positive for investor confidence. The company is newly listed (March 2026) and showing healthy growth trajectory in the cotton yarn manufacturing segment.