Outcome of board meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sumeru Industries Ltd's board, on 23 January 2026, approved standalone unaudited financial results for Q3 FY26 (quarter ended 31 Dec 2025) and the nine months ended 31 Dec 2025. A Limited Review Report was issued by statutory auditor M/s Nitin K. Shah & Co., which was clean and unmodified. Notably, the company reported zero revenue from operations across all periods, with total income of only Rs 6.86 lacs in Q3 FY26 coming entirely from other income (down from Rs 9.68 lacs in Q3 FY25). Profit after tax for Q3 FY26 stood at Rs 1.87 lacs (vs Rs 2.89 lacs in Q3 FY25), while 9M FY26 PAT was Rs 2.99 lacs versus Rs 6.32 lacs in 9M FY25, a decline of around 53%. EPS for Q3 FY26 was Rs 0.003 on a face value of Rs 1.
The company appears to have no active operating business, with revenue and profits declining sharply and coming solely from other income, which is a significant concern for shareholders. The stock may remain weak and illiquid given the negligible scale of operations and earnings, though the audit report was clean with no qualifications.