S V Global Mill Announces Q1 FY26-27 Unaudited Results, CFO Resignation, and Land Acquisition Update
S V Global Mill Ltd announced several key updates following its Board of Directors meeting held on August 03, 2026. The directors approved the company's unaudited financial results for the quarter ended June 30, 2026, alongside the resignation of a senior executive and an update on the ongoing compensation dispute related to land acquisition by the Karnataka Government.The Board meeting addressed the company's financial performance for the first quarter (Q1) of Fiscal Year 2026-27 (FY26-27). The results, which are available in both standalone and consolidated formats, include detailed income statements covering revenue and expenses.
Financial Performance Overview
The unaudited financial results for Q1 ended June 30, 2026, show various figures across the reporting periods. A summary of the key financial metrics is provided below:Table 1: Key Financial Metrics (Rs. Lacs)
| Metric | Quarter Ended 30.06.2026 (Unaudited) | Year ended 31.03.2026 (Audited) |
|---|---|---|
| Revenue From Operations | 47.23 | 72.04 |
| Other Income | 88.03 | 833.53 |
| Total Income | 135.26 | 905.57 |
| Employee benefits Expenses | 28.84 | 30.39 |
| Depreciation and amortization expenses | 42.07 | 42.75 |
| Other Expenses | 116.20 | 145.26 |
| Total Expenses | 187.11 | 218.40 |
| Profit/Loss from ordinary activities before exceptional items | (51.85) | 687.17 |
The financial reporting also includes the following key data points:
Table 2: Comprehensive Financial Results and Earnings Per Share (EPS)
| Metric | Quarter Ended 30.06.2026 (Unaudited) | Year ended 31.03.2026 (Audited) |
|---|---|---|
| Total Income | 135.26 | 905.57 |
| Profit from ordinary activities before tax | (51.85) | 687.17 |
| Total Tax expense | - | 201.28 |
| Profit / (Loss) for the year | (51.85) | 481.17 |
| Basic Earnings per share | (0.29) | 2.67 |
Corporate Governance and Operational Updates
The Board meeting reviewed and approved the resignation of Sri. B. Parameswar as Chief Financial Officer (CFO), effective August 03, 2026.Furthermore, the directors took note of the company's status regarding the compulsory acquisition of land to the extent of 3 acres and 16 guntas by the Karnataka Government. This matter was referred to the Karnataka mediation center by the Hon'ble High Court of Karnataka after a request for reference to mediation. The subsequent update confirmed that the Karnataka Mediation center had referred the matter back to the Hon'ble High Court of Karnataka for further proceedings, as requested by the Karnataka Government.
Stock Price Movement
At the close of trade today, shares of S V Global Mill Ltd settled at ₹129.00, ticking up 1.53%. The stock experienced a wide trading day, moving between an intraday low of ₹121.50 and a high of ₹141.50.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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