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Other Textile Products
Quarterly Result28 May 2026, 05:53 pm

Sheshadri Industries FY26 Revenue ₹2,824.65 L, PAT ₹218.43 L

AI Summary

Sheshadri Industries Limited announced its audited financial results for the quarter and year ended March 31, 2026. For the full fiscal year 2026, the company reported revenue from operations of ₹2,824.65 Lakhs, a slight increase from ₹2,820.02 Lakhs in FY25. However, the Profit After Tax (PAT) for FY26 significantly decreased to ₹218.43 Lakhs compared to ₹835.32 Lakhs in the previous year. For the fourth quarter of FY26, the company posted a profit of ₹96.79 Lakhs with an Earnings Per Share (EPS) of ₹1.89. The Board also approved the appointment of M/s. LANS & CO., Chartered Accountants, as internal auditors for FY 2026-27. The company noted that financials are prepared on a going concern basis despite accumulated losses of ₹1,706.67 Lakhs and current liabilities exceeding current assets, citing the market value of its immovable properties. Exceptional items debited to profit and loss included GST demands of ₹10.90 Lakhs and a write-off of unutilized Export Duty Credit of ₹214.11 Lakhs.

Key Highlights

  • FY26 revenue from operations was ₹2,824.65 Lakhs, a slight increase YoY.
  • Full-year PAT for FY26 decreased significantly to ₹218.43 Lakhs from ₹835.32 Lakhs.
  • Q4 FY26 profit was ₹96.79 Lakhs, with basic and diluted EPS of ₹1.89.
  • Company appointed M/s. LANS & CO. as internal auditors for FY2026-27.
  • Financials are on a going concern basis despite accumulated losses and current liabilities.