Re-appointment of Internal Auditors.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suratwwala Business Group Ltd reported strong audited financial results for FY2026 ended March 31, 2026. Consolidated total revenue jumped to Rs. 14,362.22 lakhs from Rs. 3,732.24 lakhs in the previous year, driven by robust growth in both Real Estate (Rs. 8,928.71 lakhs) and Solar segments (Rs. 5,448.52 lakhs). Net profit more than tripled to Rs. 3,790.13 lakhs from Rs. 1,103.61 lakhs, with EPS improving to Rs. 2.15 from Rs. 0.64. The Board also re-appointed M/s Joshi and Sahney Chartered Accountants as Internal Auditors for FY 2026-27. Statutory auditors issued an unmodified opinion on the financial statements. The company has 2 subsidiaries (Suratwwala Royyal Hill Properties LLP and Suratwwala Natural Energy Resource Pvt. Ltd.) and 1 associate (Nextriise Real Estate Advisors Pvt. Ltd.).
The company delivered exceptional year-on-year growth with nearly 4x revenue increase, indicating strong business momentum. The clean audit opinion and re-appointment of internal auditors signals good governance. Shareholders can expect positive sentiment given the multi-fold profit growth.