Board Meeting14 Aug 2026, 02:56 pm
Sunrakshakk Industries Declares Unaudited Q1 FY27 Results
AI Summary
Sunrakshakk Industries India Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved a change in depreciation method from WDV to SLM for its Property, Plant and Equipment, effective April 1, 2026. This change resulted in a lower depreciation charge of ₹231.81 lakhs and a corresponding increase in profit before tax and profit after tax for the quarter. The company also approved the Director's Report for FY 2025-26, related party transactions, and the draft notice for the upcoming Annual General Meeting.
Key Highlights
- Board approved unaudited standalone and consolidated financial results for Q1 FY27.
- Depreciation method changed from WDV to SLM effective April 1, 2026.
- Change in depreciation method increased Q1 FY27 profit after tax by ₹181.17 lakhs.
- Director's Report for FY 2025-26 and AGM notice were approved.
- Related party transactions were approved, subject to necessary approvals.
Price Impact
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