Sudal Q1 profit jumps, auditor flags going concern risk
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.8 pts more than Nifty Microcap 250 and 3.5 pts more than its Aluminium peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sudal Industries board approved Q1 FY27 results with revenue up to Rs 5,312.35 lakhs from Rs 4,168.99 lakhs YoY. Net profit surged to Rs 313.40 lakhs from Rs 40.84 lakhs. Managing Director Sudarshan Chokhani re-appointed for 3 years till Aug 2029. However, auditor raised a Material Uncertainty on Going Concern due to an ongoing NCLAT and Supreme Court legal matter, which remains sub-judice. AGM fixed for Sept 26, 2026.
Strong profit growth is positive, but going concern uncertainty from pending legal case is a significant risk overhang.