Submission of Outcome of Board Meeting Held on Saturday, 30th May 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Supertex Industries Ltd reported audited standalone financial results for FY ended March 2026. Revenue from operations declined significantly to Rs 4,788 lakhs from Rs 7,340 lakhs in the previous year, representing approximately 35% drop. Profit after tax fell to Rs 11 lakhs from Rs 20 lakhs in FY 2024-25. The auditors issued an unmodified (unqualified) opinion but included a Matter of Emphasis highlighting that the company has not paid TDS of Rs 20.84 lakhs, PF dues of Rs 10.33 lakhs, and Profession Tax dues of Rs 2 lakhs. The Board also re-appointed Mr. Sanjay Sarju Mishra as Internal Auditor and M/s V.J. Talati & Co. as Cost Auditors for FY 2026-27.
The sharp revenue decline of 35% and the auditor's Matter of Emphasis regarding unpaid statutory dues (TDS, PF, Profession Tax) are concerns for shareholders. While the audit opinion is technically unqualified, the compliance issues flagged could raise red flags about the company's financial discipline.