Outcome of Board meeting dated 30th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Speedage Commercials Ltd reported audited standalone financial results for FY2026 ending March 31, 2026. Total income was ₹652.61 lakhs, marginally higher than ₹644.98 lakhs in FY2025. Profit before tax stood at ₹613.10 lakhs, virtually flat compared to ₹613.01 lakhs in the previous year. Profit after tax decreased to ₹442.72 lakhs from ₹454.68 lakhs, mainly due to higher tax expenses. EPS for the year was ₹45.18 per share compared to ₹46.40 in FY2025. Other comprehensive income showed a significant negative swing of ₹3,473.23 lakhs due to fair value changes in investments, resulting in total comprehensive income of -₹3,030.51 lakhs. The company's total assets declined to ₹13,253.22 lakhs from ₹16,286.91 lakhs. Statutory auditors B.L. Dasharda & Associates issued an unmodified (clean) audit opinion on the financial results.
Despite flat operating performance, shareholders may see negative sentiment due to significant negative other comprehensive income and reduced total equity. However, the clean audit opinion and consistent profitability provide some comfort. The company appears to be an investment/financial asset holding entity with minimal operating revenue.