Quarterly Result6 Aug 2026, 09:31 pm
SNL Bearings Declares Q1 FY27 Unaudited Results; Auditor Demise Noted
AI Summary
SNL Bearings Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a total income of ₹1,649 lakhs and a profit after tax of ₹346 lakhs for the quarter. Revenue from operations stood at ₹1,525 lakhs. The Board of Directors also noted the unfortunate demise of the company's internal auditor, M/s. Jayesh Bhagchandani & Co., and is in the process of appointing a new auditor. The financial results were approved by the Board on August 6, 2026, following a limited review by statutory auditors.
Key Highlights
- Q1 FY27 profit after tax reported at ₹346 lakhs.
- Total income for the quarter stood at ₹1,649 lakhs.
- Internal auditor M/s. Jayesh Bhagchandani & Co. has ceased to act.
- Company is appointing a new internal auditor.
- Unaudited financial results approved by the Board.
Price Impact
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