This is to inform you that a meeting of the Board of Directors of our Company was held today, May 29, 2026, at the corporate office of the Company which approved and took on record the ....
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Sreechem Resins Limited's Board approved audited standalone financial results for the year ended March 31, 2026. Total income declined to Rs. 3004.09 lakhs from Rs. 3566.67 lakhs in the prior year, representing a revenue decline of approximately 15.8%. The company swung to a net loss of Rs. 22.59 lakhs compared to a net profit of Rs. 29.87 lakhs in FY 2024-25. Total comprehensive loss stood at Rs. 36.91 lakhs. EBITDA turned negative due to cost pressures, particularly raw material consumption of Rs. 2052.30 lakhs. Statutory auditors R. C. Jhawer & Co. issued an unmodified opinion, and the company declared no default on loans or debt securities. Cash flow from operating activities was negative at Rs. 22.78 lakhs for the year.
The company experienced a revenue decline and turned loss-making in FY 2025-26, signalling deterioration in financial performance. Negative operating cash flow adds further concern for shareholders. However, an unmodified auditor opinion and no debt default provide some comfort.