OUTCOME OF BOARD MEETING
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Siddheswari Garments Ltd's Board approved its audited FY2026 results. Total income grew to Rs. 35.82 Lacs from Rs. 30.21 Lacs in the prior year, driven by other income. Profit before tax rose sharply to Rs. 3.14 Lacs (vs Rs. 0.98 Lacs), and net profit more than quintupled to Rs. 2.31 Lacs from Rs. 0.43 Lacs. Other Comprehensive Income, dominated by fair value changes on investments, was Rs. 445.28 Lacs (vs Rs. 376.32 Lacs), boosting total comprehensive income to Rs. 447.59 Lacs. The statutory auditor issued an unmodified (clean) opinion, and the Board recommended no dividend given the low profit. Cash from operations was negative at Rs. -10.81 Lacs for FY26.
Net profit growth of over 5x year-on-year is positive, but the absolute profit remains very small. The large OCI from investment revaluation boosts total comprehensive income but does not represent operational strength. The negative operating cash flow is a concern for liquidity.