Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we would like to inform you that the Board of Directors ....
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Surat Trade and Mercantile Ltd announced its Q1 FY26 results, showing strong year-on-year growth. Revenue from operations rose to Rs. 3,728.94 lakh from Rs. 2,285.18 lakh in Q1 FY25, a jump of about 63%. Total income climbed to Rs. 4,514.07 lakh versus Rs. 2,990.14 lakh a year ago. Profit before tax increased to Rs. 1,006.45 lakh from Rs. 604.72 lakh, while profit after tax (PAT) rose to Rs. 863.64 lakh from Rs. 560.27 lakh, up roughly 54%. Basic EPS stood at Rs. 0.39 compared to Rs. 0.25 in the same quarter last year. The auditor (Sharp & Tannan Associates) issued an unmodified limited review opinion, and the company reported no exceptional items.
Strong topline and bottomline growth on a YoY basis signals improving business momentum, which is positive for shareholders. The clean auditor opinion and absence of exceptional items add credibility to the numbers.