Q1 FY27 Results: Revenue Down About 24 Percent Year-on-Year, PAT Flat
SHRINGARMS · price
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Shringar House of Mangalsutra reported Q1 FY27 results for the quarter ended June 30, 2026. Revenue from operations fell to about 548.4 million from 725.6 million a year earlier, a decline of around 24 percent. Despite weaker revenue, profit after tax stayed roughly flat at about 340 million, similar to last year. Margins expanded as input costs dropped. Auditor T R Chadha and Co LLP issued an unmodified limited review report with no qualifications. The company listed on NSE and BSE in September 2025 via IPO at 165 rupees per share.
Revenue declined sharply but profitability held up, suggesting improved margins. Clean auditor report supports result credibility.