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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SPV Global Trading Ltd reported FY2026 standalone net profit of Rs 25,459.95 Lakhs vs a loss of Rs 2.19 Lakhs in FY2025, driven by a Rs 30,714.64 Lakhs exceptional item from selling its entire 54.9% stake in subsidiary Rashtriya Metal Industries Ltd (RMIL) for Rs 31,016.84 Lakhs. Excluding this one-time gain, the standalone business showed significant deterioration with operating loss of Rs 995.16 Lakhs (vs loss of Rs 2.93 Lakhs) and revenue declining 50.7% to Rs 1,186.27 Lakhs. On consolidated basis, net profit rose to Rs 14,354.54 Lakhs from Rs 2,653.83 Lakhs due to Rs 16,947.48 Lakhs exceptional item, though operating profit before exceptional items fell to Rs 2,655.68 Lakhs from Rs 3,824.13 Lakhs. Revenue grew 8.7% to Rs 98,890.17 Lakhs. Statutory auditors SIGMAC & Co. issued unmodified opinions on both standalone and consolidated results.
The massive exceptional gains from the RMIL sale artificially inflated profits; however, the underlying standalone trading business deteriorated sharply with a 50% revenue decline and operating losses. The sale proceeds (Rs 24,383.62 Lakhs cash on balance sheet) significantly strengthen the balance sheet but raise questions about the company's future business direction post-subsidiary divestment.