BSESterling Green Woods LtdMinimalNeutral
Announced Mon, 1 Jun · 13:44 IST

As per Regulations 33 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of newspaper cutting of the extracts of standalone ....

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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹20.09
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4-0.4-0.4-5.4-5.4+14.0
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AI summary

Sterling Greenwoods Limited has submitted newspaper cuttings of its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026, published in Free Press Gujarat and Lokmitra on May 31, 2026. The company swung back to profitability, posting a standalone net profit of Rs 76.45 lakh for FY26 versus a loss of Rs 124.38 lakh in FY25, while consolidated net profit was Rs 75.99 lakh compared to a loss of Rs 125.70 lakh. Q4 FY26 standalone profit was Rs 9.82 lakh versus a loss of Rs 31.55 lakh in Q4 FY25. However, revenue from operations remains negligible at Rs 1.44 lakh for Q4 and Rs 1.44 lakh for FY26 (versus Rs 112.74 lakh reported as other operating income for FY26), as the company is transitioning its business model following a lease agreement with Pushpadevi Goenka Trust effective April 1, 2024. Cash and cash equivalents dropped sharply from Rs 250.18 lakh to Rs 1.04 lakh, largely due to investing activities. Several ongoing legal matters, including NCLT proceedings and civil suits, remain sub-judice.

Likely market impact

The return to profitability is encouraging, but operational revenue is minimal as the company navigates a business model transition. Shareholders should monitor the lease arrangement outcomes and ongoing litigation, as the financials carry sub-judice disclaimers that could materially affect future results.