Sandhar Technologies Releases Q1 Results; Appoints Gazal Kalra as Independent Director
Sandhar Technologies Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company also held a Board meeting where it made several key governance appointments and planned its upcoming Annual General Meeting (AGM).The company confirmed that Smt. Gazal Kalra has been appointed as an Additional Director and Non-Executive Independent Director, effective August 11, 2026. Furthermore, the Board approved the re-appointment of M/s Satija & Co. as Cost Auditors for the financial year 2026-2027.
The company also scheduled its 34th Annual General Meeting (AGM) to be held on Tuesday, September 22, 2026, via Video Conferencing. The Board fixed Friday, September 11, 2026, as the Record Date for determining eligibility to receive the final dividend for the financial year 2025-26.
Key Corporate Appointments and Governance
Smt. Gazal Kalra was appointed based on a recommendation from the Nomination and Remuneration Committee. Her appointment is subject to ratification by the members at the ensuing AGM. Smt. Kalra, who is Co-Founder of Nuuk, comes from a background that includes co-founding Rivigo and roles at McKinsey & Company and the World Bank in Washington DC. She holds an MBA from Stanford Graduate School of Business and a Master's in Public Administration from Harvard Kennedy School.Additionally, M/s K.K. Sachdeva & Associates has been appointed as the scrutinizer for remote e-voting at the AGM.
Unaudited Standalone Financial Results (Quarter ended June 30, 2026)
Sandhar Technologies reported a net profit after tax of 30.61 crores and total comprehensive income of 29.67 crores for the quarter.Operational highlights from the standalone results included:
- The company recognized a gain of 19.12 crores under "Other income" during the year ended March 31, 2026, resulting from transferring certain business units to wholly-owned subsidiaries as part of an internal restructuring.
- A gain on disposal amounting to 34.01 crores was recognized under "Other income" after completing the sale of assets of Peenya plant.
Financial performance for the standalone entity over the quarters and year is detailed below:
| Particulars | Q ended June 30, 2026 (Un-audited) | Q ended March 31, 2026 (Audited) | Q ended June 30, 2025 (Un-audited) | FY ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 665.96 | 774.25 | 728.12 | 3,044.44 |
| Total income (Revenue + Other income) | 678.26 | 789.87 | 737.03 | 3,120.66 |
| Profit from operations after exceptional items and before tax | 41.89 | 57.31 | 34.56 | 231.17 |
| Tax expenses | 11.28 | 10.94 | 9.16 | 52.06 |
| Net profit after tax (Q) | 30.61 | 46.37 | 25.40 | 179.11 |
| Total comprehensive income (Q) | 29.67 | 47.43 | 26.67 | 185.99 |
Unaudited Consolidated Financial Results (Quarter ended June 30, 2026)
The Group reported a total income of 1,322.85 crores for the quarter. The Board noted that the Group recognized one-time expense of 2.78 crores toward increased gratuity and compensated absences liabilities due to the notification of the four new Labour Codes.Consolidated financial data for the period is provided below:
| Particulars | Q ended June 30, 2026 (Un-audited) | Q ended March 31, 2026 (Audited) | Q ended June 30, 2025 (Un-audited) | FY ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total income | 1,322.85 | 1,109.52 | 4,927.44 | 4,927.44 |
| Profit from operations before exceptional items and tax | 49.80 | 34.42 | 250.85 | 250.85 |
| Total expenses | 1,344.23 | 1,245.71 | 1,075.10 | 4,676.59 |
| Net profit after tax (Q) | 13.86 | 63.82 | 28.01 | 198.66 |
| Total comprehensive income attributable to Owners of the Company (Q) | -0.69 | 7.62 | 5.07 | 214.89 |
Segment Revenue and Results
The company detailed its segment performance for the quarter, which is split between India and Overseas operations.| Particulars | Q ended June 30, 2026 (fin crores) | Q ended March 31, 2026 (fin crores) | Q ended June 30, 2025 (fin crores) | FY ended March 31, 2026 (fin crores) |
|---|---|---|---|---|
| Segment Revenue from operations | 1,381.89 | 1,306.99 | 1,090.09 | 4,852.09 |
| Profit before tax (Total) | 51.14 | 79.01 | 36.31 | 255.75 |
| Total Segment Assets | 3,747.02 | 3,475.68 | 2,985.58 | 3,475.68 |
| Capital employed (Total) | 1,369.70 | 1,333.13 | 1,172.39 | 1,333.13 |
The Board of Directors had previously recommended a final dividend at 40%, equivalent to Rs. 4.00 per equity share during the meeting held on May 21, 2026.
SANDHAR Stock Price Movement
As of 2:59 PM, shares of Sandhar Technologies Limited are shedding 5.91% in live trading, currently valued at ₹615.45 as they trend downward. The stock has accounted for a total traded volume of 357,661 shares in the market so far today.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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