Ishan Dyes and Chemicals Approves Quarterly Results; Announces 33rd Annual General Meeting
Ishan Dyes and Chemicals Limited announced that its Board of Directors approved the Un-Audited Standalone Financial Results for the quarter ended June 30, 2026. The company also detailed the convening of its 33rd Annual General Meeting (AGM).The approval of the quarterly results was granted by the Board of Directors at a meeting held on August 14, 2026. The Un-Audited Standalone Financial Results were released alongside a Limited Review Report issued by the Statutory Auditors, M/s A R Sulakhe & Co.
Quarterly Financial Snapshot
The financial results presented for the quarter ended June 30, 2026, showed Total Income of 4284.42 Lakhs and Total Expenses of 4266.20 Lakhs. The company reported a Net Profit for the period from continuing operations of 15.50 Lakhs.The key financial metrics across different periods are detailed below:
| Particulars | Quarter ended 30-06-2026 (Un-Audited) | Quarter ended 31-03-2026 (Audited) | Quarter ended 30-06-2025 (Un-Audited) | Year Ended 31-03-2026 (Audited) |
|---|---|---|---|---|
| Net Sales/Income from Operations (Net of Taxes) | 4148.04 | 3175.53 | 1628.83 | 7347.13 |
| Other Income | 136.38 | 171.06 | 44.48 | 316.50 |
| Total Income | 4284.42 | 3346.59 | 1673.31 | 7663.63 |
| Total Expenses | 4266.20 | 3110.32 | 1632.69 | 8159.83 |
| Profit/(Loss) from Operations before Tax | 18.22 | 236.27 | 40.62 | (496.20) |
| Net Profit(Loss) for the Period | 15.50 | 146.49 | 30.40 | (710.85) |
Auditor's Review Highlights
The results were reviewed by the Audit Committee and included a Limited Review Report from M/s A R Sulakhe & Co., Chartered Accountants. The auditors issued a Qualified conclusion regarding the Un-Audited Standalone Financial Results.The Basis for Qualified Conclusion highlighted that certain inventories (Finished Goods) were valued against specific customer contracts above their cost, which is contrary to Ind AS 2 standards requiring measurement at the lower of cost and Net Realizable Value. The uncorrected overstatement of this inventory was noted as Rs. 284.78 Lakhs as of March 31, 2026.
AGM Details and Scrutinizer Appointment
The Board of Directors approved holding and convening the 33rd Annual General Meeting (AGM) for the Financial Year ended March 31, 2026. The AGM is scheduled for Tuesday, September 29, 2026, at 03:00 PM IST, which will be conducted through video conferencing or other audio visual means.The Board meeting also approved the Notice calling the 33rd Annual General Meeting along with the Board of Directors' Report and related agenda items. CS Kunal Sharma, Proprietor of Kunal Sharma & Associates, was appointed as the Scrutinizer to ensure a fair and transparent voting process during the AGM.
ISHANCH Stock Price Movement
Shares of Ishan Dyes and Chemicals Limited today slipped by 4.31% to settle at ₹48.17. The stock saw a traded volume of 25,135 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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