Intimation relating to Appointment of Internal Auditor for FY 2026 - 2027
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Spenta International Ltd reported a significant turnaround from profit to loss for FY2026 ending March 31. Revenue from operations declined 13.4% to Rs. 4,126.04 Lakhs from Rs. 4,763.84 Lakhs in the previous year. The company posted a net loss of Rs. 130.47 Lakhs compared to a profit of Rs. 121.49 Lakhs in FY2025. EPS turned negative at -4.72 per share. Operating cash flow dropped to Rs. 121.34 Lakhs from Rs. 346.79 Lakhs year-over-year. Cash reserves fell sharply from Rs. 179.71 Lakhs to Rs. 30.12 Lakhs. The Board also approved appointment of M/s B. G. Dolar & Co. as Internal Auditors for FY 2026-2027. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
The company swung from profit to significant loss with revenue declining over 13%. Shareholders should note the sharp drop in cash reserves and negative EPS, though the clean audit opinion indicates no material concerns about financial statement accuracy.