Audited Results
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shri Gang Industries reported FY2026 revenue of Rs 40,234 lakhs, up 14.1% from Rs 35,262 lakhs in FY2025, driven entirely by its liquor operations segment (Rs 40,191 lakhs). However, profit after tax fell sharply to Rs 1,861 lakhs from Rs 2,933 lakhs in the prior year—a decline of about 36.5%. Finance costs dropped significantly to Rs 585 lakhs from Rs 947 lakhs due to debt reduction. Borrowings decreased from Rs 8,513 lakhs to Rs 4,945 lakhs year-over-year. The company also received Rs 3,214 lakhs as state government duty refund under Uttar Pradesh's rehabilitation policy. The edible oils segment continues to be loss-making at Rs 107 lakhs for the year. Auditors issued an unmodified (clean) opinion.
Despite revenue growth, the sharp drop in profitability is concerning for shareholders. The reduction in debt is positive but the edible oils segment remains a drag on overall performance. The promoter reclassification request signals potential change in ownership structure.