STC India Board Approves Audited FY26 Results, Unaudited Q1 FY27 Results
State Trading Corporation of India Ltd announced that its Board of Directors, in a meeting held on August 25, 2026, approved the annual audited consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the limited reviewed standalone financial results for the quarter ended June 30, 2026. The filing includes the auditors' report, financial results, and a statement of impact of audit qualifications for the standalone and consolidated financial statements for the year ended March 31, 2026. The auditors' report for standalone statements highlighted a qualified opinion due to issues with non-current assets held for sale, including non-availability of title deeds for certain properties and expired lease periods.
Key Highlights
- Board approved audited consolidated results for FY26.
- Board approved unaudited standalone results for Q1 FY27.
- Auditors issued a qualified opinion on standalone financial statements.
- Qualified opinion relates to non-current assets held for sale.
- Issues include property title deeds and expired lease agreements.
Price Impact
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