Please find enclosed herewith Audited Financial Results for the quarter and year ended 31st March, 2026.
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Shricon Industries reported total income of ₹450.33 Lacs for FY26, a massive jump from ₹68.64 Lacs in FY25 (over 550% growth), driven by significant increase in revenue from operations. Profit after tax turned positive at ₹194.78 Lacs compared to a loss of ₹5.02 Lacs in the previous year. However, Q4 FY26 showed sequential decline with PAT of ₹22.92 Lacs vs ₹118.14 Lacs in Q4 FY25, suggesting a slowdown in the latter half of the year. The company generated positive operating cash flow of ₹131.69 Lacs in FY26 versus negative ₹7.26 Lacs in FY25. The statutory auditor issued an unmodified (clean) opinion with no qualifications or concerns. The board also recommended appointment of new statutory auditor for a 5-year term and proposed material related party transactions for shareholder approval.
Strong turnaround from loss to profit with massive revenue expansion makes this a positive result. However, the Q4 sequential decline raises questions about sustainability. The clean audit and positive cash flow are encouraging signs for shareholders.