Quarterly Updates29 May 2026, 09:51 pm
Storage Tech FY26: Revenue Down 15.4%, Net Loss ₹32.74 Mn
AI Summary
Storage Technologies and Automation Ltd reported audited financial results for the year ended March 31, 2026. Consolidated revenue declined by 15.4% YoY to ₹849.70 Mn, resulting in a net loss attributable to shareholders of ₹32.74 Mn compared to a profit of ₹35.51 Mn in FY25. Standalone revenue decreased by 10.18% to ₹848.00 Mn, with a net loss after tax of ₹31.27 Mn versus a profit of ₹32.19 Mn in the previous year. The board approved the standalone and consolidated financial statements with unmodified audit reports from M/s. MSSV & Co.
Key Highlights
- Consolidated revenue decreased by 15.4% YoY to ₹849.70 Mn in FY26.
- The company reported a consolidated net loss of ₹32.74 Mn, a significant downturn from FY25's profit of ₹35.51 Mn.
- Standalone revenue declined by 10.18% to ₹848.00 Mn.
- Standalone net loss after tax was ₹31.27 Mn, compared to a profit of ₹32.19 Mn in FY25.
- Auditors M/s. MSSV & Co. issued unmodified opinions on the annual audited financial results.