This is to inform you that the Board of Directors of the Company at its meeting held today i.e., Thursday, 13th November 2025, have inter alia considered and approved the Unaudited Financial ....
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The Board of Directors of Surat Trade and Mercantile Limited (formerly Surat Textile Mills Limited) met on 13th November 2025 and approved the unaudited financial results for the quarter and six months ended 30th September 2025. Revenue from operations for Q2 FY26 came in at approximately Rs. 1,667 lakhs, a sharp decline from Rs. 2,411 lakhs in Q2 FY25. Profit after tax for Q2 FY26 collapsed to just Rs. 26.95 lakhs (EPS of Rs. 0.01) compared to Rs. 863.64 lakhs (EPS of Rs. 0.39) in the same quarter last year. For the half-year, PAT stood at Rs. 404.74 lakhs versus Rs. 890.59 lakhs in H1 FY25. The auditor Sharp & Tannan Associates issued an unmodified (clean) limited review conclusion with no qualifications. The company has no borrowings, holds a strong equity base of Rs. 22,573 lakhs, and reported positive operating cash flow of Rs. 1,707 lakhs for H1 FY26.
The dramatic fall in quarterly profitability — particularly the near-flat Q2 PAT — is likely to weigh negatively on near-term investor sentiment. However, the debt-free balance sheet, sizable investment portfolio, and strong operating cash flow provide a solid cushion. The trading window is closed for 48 hours from this announcement.