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.
Swagtam Trading & Services Limited reported audited standalone financial results for Q4 and FY ended March 31, 2026. Total revenue grew to Rs 166.44 lakhs from Rs 135.47 lakhs in FY2024, representing approximately 23% revenue growth. The company turned profitable with PAT of Rs 10.53 lakhs compared to a loss of Rs 5.30 lakhs in the previous year. The statutory auditor G.K. Kedia & Co. issued an unmodified (clean) opinion on the financial results. The Balance Sheet shows total assets of Rs 961.16 lakhs with equity of Rs 856.10 lakhs. The auditor identified an advance of Rs 2.50 crore to Penganga Properties Private Limited as a Key Audit Matter due to uncertainty around its purpose and recoverability.
Clean audit opinion and turnaround from loss to profit is positive for shareholders. However, the large advance to Penganga Properties and overdue loans to Prayag Polytech and Worldlink Finance warrant monitoring as they pose potential recoverability risks.