Systematix Corporate Services Limited has informed the Exchange regarding 'Updates'.
SYSTMTXC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Systematix Corporate Services Limited reported standalone net profit of Rs. 2,502.09 lakhs for FY26, up 5.9% from Rs. 2,363.50 lakhs in FY25. Standalone revenue grew 13.8% to Rs. 7,830.45 lakhs. However, consolidated results show a starkly different picture with net profit plummeting 80.6% to Rs. 887.16 lakhs from Rs. 4,576.13 lakhs, and consolidated revenue declining 12.6% to Rs. 14,761.06 lakhs. The company received unmodified (clean) audit opinions on both standalone and consolidated financials. The Board recommended a final dividend of Rs. 0.10 per share (10% on face value of Re. 1). Other key decisions include appointment of a new internal auditor, striking off an inoperative subsidiary LLP (Divisha Alternative Investments), and amendments to the Insider Trading Code.
Standalone performance shows modest growth, but the massive consolidated profit decline indicates significant losses in subsidiaries. The clean audit provides reassurance, but the stark divergence between standalone and consolidated results warrants caution. Shareholders may see limited positive impact from the small dividend against this backdrop.