Sparc Electrex Approves FY26 Audited Results, Bank Account Frozen

Sparc Electrex Limited's Board of Directors met on June 23, 2026, to approve the standalone audited financial results for the quarter and financial year ended March 31, 2026. The company reported a net loss of ₹276.98 Lakhs for the financial year ended March 31, 2026, with basic EPS at ₹(2.76). A significant disclosure was made regarding the freezing of the company's bank accounts by the Income Tax Department on November 24, 2025, due to non-payment of outstanding income tax demands. The results were prepared in accordance with Indian Accounting Standards and SEBI (LODR) Regulations, 2015.