Shervani Industrial Syndicate Ltd Approves Quarterly Results, Announces Director Appointment
Shervani Industrial Syndicate Ltd has announced the outcome of its Board Meeting held on August 6, 2026. The Board approved the Unaudited Financial Results for both standalone and consolidated operations for the quarter ending June 30, 2026, along with a Limited Review Report issued by the Statutory Auditor.The Board meeting decisions included the appointment of Mr. Bal Krishna Misra (DIN 02125239). He was appointed as an Additional and Whole-time Executive Director for a term of five years, effective immediately, subject to ratification by the members at the forthcoming Annual General Meeting.
Financial Performance Review
The company's results were reviewed by the Audit Committee and taken on record by the Board of Directors. The financial performance metrics are presented below for both standalone and consolidated entities.Standalone Unaudited Financial Results (Quarter Ended June 30, 2026)
The standalone results showed significant revenue figures across various business segments. Total Income/Revenue stood at 594. This was generated from Revenue from Operations (460), Other Income (134). Total Expenses for the period were reported at 422, resulting in a Profit before Tax of 172. The Net Profit for the Period was 134.A summary of the key financial metrics is presented below:
| Metric | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) | Quarter Ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income/Revenue | 594 | 440 | 858 | 2265 |
| Total Expenses | 422 | 326 | 814 | 2018 |
| Profit before Tax (PBT) | 172 | 114 | 44 | 247 |
| Net Profit for the Period | 134 | (87) | 36 | (69) |
| Total Comprehensive Income | 134 | (43) | 51 | (17) |
Consolidated Unaudited Financial Results (Quarter Ended June 30, 2026)
The consolidated statements reflected a total revenue of 695 for the quarter ended June 30, 2026. Expenses were recorded at 524, resulting in Profit before Tax of 171. The Net Profit for the period was 133.Key metrics from the consolidated results are summarized below:
| Metric | Quarter Ended June 30, 2026 | Quarter Ended March 31, 2026 | Quarter Ended June 30, 2025 | Year Ended March 31, 2026 |
|---|---|---|---|---|
| Total Income/Revenue | 695 | 549 | 969 | 2725 |
| Total Expenses | 524 | 431 | 927 | 2482 |
| Profit before Tax (PBT) | 171 | 118 | 42 | 243 |
| Net Profit for the Period | 133 | (83) | 34 | (73) |
| Total Comprehensive Income | 133 | (39) | 49 | (21) |
The financial statements have been reviewed by the Statutory Auditors in accordance with regulations applicable to interim financial information.
Stock Price Movement
As of 11:41, shares of Shervani Industrial Syndicate Ltd are edging higher at ₹307.90, marking a 4.37% gain for the stock today. This equity has seen movement throughout the trading session, having ranged between its intraday low of ₹307.90 and an intraday high of ₹315.00.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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