Quarterly Result13 Aug 2026, 04:07 pm
Salora International Reports Q1 FY27 Loss of ₹99.31 Lacs
AI Summary
Salora International Ltd. reported a net loss of ₹99.31 lacs for the quarter ended June 30, 2026, a significant decline from a profit of ₹4.31 lacs in the same period last year. Total income for the quarter stood at ₹339.49 lacs, down from ₹2,906.66 lacs in the prior year's quarter. The company cited the suspension of its GST registration in Delhi from March 27 to May 29, 2026, as a factor adversely impacting operations and turnover. The Board of Directors also finalized the date for the 2025-26 Annual General Meeting (AGM) to be held on September 25, 2026.
Key Highlights
- Q1 FY27 net loss of ₹99.31 lacs compared to a profit of ₹4.31 lacs in Q1 FY26.
- Total income decreased to ₹339.49 lacs from ₹2,906.66 lacs year-on-year.
- GST registration suspension impacted operations and turnover.
- AGM for FY25-26 scheduled for September 25, 2026.
- Court fees of ₹24.06 lacs recognized as an expense in the current quarter.
Price Impact
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