Sharda Ispat Ltd Approves Q2 Results, Reappoints Key Directors
Sharda Ispat Limited announced the outcomes of its Board meeting held on August 13, 2026, including the approval of unaudited financial results for the quarter ended June 30, 2026, and the reappointment of two key directors. The company provided details regarding the financial performance and corporate appointments in the iron and steel sector.The Board meeting concluded by approving the unaudited financial results for the quarter ending June 30, 2026, which were reviewed by the Statutory Auditors who expressed an unqualified opinion on the findings.
Financial Performance Summary
The Unaudited Financial Results for the Quarter Ended 30th June 2026 show a range of performance metrics compared to earlier periods and the corresponding year ended March 31, 2026. The results are available on the company website, shardaispat.com.Key financial highlights for the quarter ending June 30, 2026 (figures in Rs. Lakhs):
| Financial Metric | Q Ending 30.06.26 (Unaudited) | Q Ending 31.03.26 (Audited) | Q Ending 30.06.25 (Unaudited) | YE 31.03.26 (Audited) |
|---|---|---|---|---|
| Revenue from operations (Net) | 7,115.06 | 6,719.96 | 2,781.96 | 16,879.39 |
| Total Income | 7,189.96 | 6,798.25 | 2,883.02 | - |
| Total expenses | 6,969.31 | 6,209.51 | 2,843.68 | 16,418.35 |
| Profit before tax (Ordinary Activities) | 220.65 | 588.74 | 50.54 | 64090 |
| Net Profit after Tax (Ordinary Activities) | 163.50 | 434.61 | 28.39 | 600.04 |
Director Reappointments and Details
The Board meeting also addressed the re-appointment of key management personnel, subject to approval by the Members of the Company at the ensuing Annual General Meeting. Both appointments are effective from April 1, 2027, for a term of five years.Shri Nandkishore Sarda:
Shri Nandkishore Sarda (DIN: 00229911) was re-appointed as Chairman and Managing Director. He holds a Bachelor of Science qualification and has over 59 years of experience in the iron and steel industry. A notable disclosure is that Shri Nandkishore Sarda is the father-in-law of Smt. Poonam Sarda, who is also a director of the company.
Smt. Poonam Sarda:
Smt. Poonam Sarda (DIN: 00190512) was re-appointed as Whole-time Director. Her professional qualifications include CA (Intermediate) and L.L.B, and she possesses over 16 years of experience in Accounting, Finance, and Taxation. The details confirm that Smt. Poonam Sarda is the daughter-in-law of Shri Nandkishore Sarda, Chairman and Managing Director.
Stock Price Movement
Sharda Ispat Ltd. shares are sinking as of 12:45, currently trading at ₹151.75 after seeing a decline of 1.88%. This move occurs within a wide intraday range, having tested lows down to the present level and reaching a high of ₹170.55.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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