Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended 31st March, 2026
STARTECK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Starteck Finance Ltd reported strong audited results for FY2026. Consolidated PAT grew 126% to Rs. 2,361.21 lakh vs Rs. 1,042.42 lakh in the prior year. Standalone PAT rose 71% to Rs. 1,715.60 lakh from Rs. 1,003.73 lakh. The Board recommended a final dividend of Rs. 0.25 per share (2.5%), subject to shareholder approval, with promoters waiving their dividend entitlement. The statutory auditor is being changed from MKPS & Associates LLP to Bagaria & Co. LLP for the next five years, subject to shareholder approval. The consolidated financials include two wholly-owned subsidiaries — Chitta Finlease Private Limited and Bhuwalka Steel Industries Limited. Unmodified audit opinions were issued for both standalone and consolidated results.
The company delivered over 70% PAT growth on a standalone basis, which is positive. However, auditors flagged a material uncertainty regarding going concern at subsidiary Bhuwalka Steel Industries (negative net worth of Rs. 69.08 crore), and the statutory auditor change adds a transitional risk to monitor.