StockWatch
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Other Textile Products
Quarterly Result28 May 2026, 05:44 pm

Sheshadri Industries FY26 Profit ₹96.79 Lakhs, Revenue ₹2,824.65 Lakhs

AI Summary

Sheshadri Industries Limited's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. For the full financial year 2026, the company reported revenue from operations of ₹2,824.65 Lakhs, a slight increase from ₹2,820.02 Lakhs in the previous year. However, the profit for the period saw a significant decline to ₹96.79 Lakhs, compared to ₹835.32 Lakhs in FY2025. The company noted accumulated losses of ₹1,706.67 Lakhs as of March 31, 2026, but affirmed financials are prepared on a going concern basis due to the market value of its immovable properties. Exceptional items included GST demands of ₹10.90 Lakhs and a write-off of ₹214.11 Lakhs for unutilized Export Duty Credit. Additionally, M/s. LANS & CO. were appointed as internal auditors for FY2026-27.

Key Highlights

  • FY26 revenue from operations increased marginally to ₹2,824.65 Lakhs.
  • FY26 profit significantly declined to ₹96.79 Lakhs from ₹835.32 Lakhs in FY25.
  • Company reported accumulated losses of ₹1,706.67 Lakhs as of March 31, 2026.
  • Exceptional items included a ₹214.11 Lakhs write-off of Export Duty Credit.
  • M/s. LANS & CO. appointed as internal auditors for FY2026-27.