Sheshadri Industries Announces Quarterly Financial Results and Board Approvals
Sheshadri Industries Ltd announced its unaudited financial results for the quarter ended June 30, 2026, alongside several key corporate approvals following a Board meeting held on August 10, 2026. The company also released its Directors' Report for the fiscal year ending March 31, 2026.The Board of Directors approved the unaudited financial results and the Limited Review Report for the period ended June 30, 2026. Additionally, the meeting ratified the re-appointment of Mr. Jeetender Kumar Agarwal as Managing Director of the company.
Financial Performance Overview
The unaudited results are presented below, showing Key Income and Expense items across multiple periods (amounts are in Rs. Lakhs unless otherwise noted).| Particulars | Q ended 30.06.2026 (Unaudited) | Q ended 31.03.2026 (Audited) | Q ended 30.06.2025 (Unaudited) | FY ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Other Income | 577.56 | 749.94 | 634.46 | 282465 |
| Total Income (1+II) | 12395 | 152.19 | 151.48 | 580.76 |
| Purchase of Stock in Trade | 375.51 | 484.05 | 42868 | 1,821.27 |
| Change in inventories (finished goods/work in progress) | 7.68 | 13.05 | (18.97) | (2.43) |
| Employee benefit Expenses | 58.80 | |||
| Finance costs | 69.60 | 4198 | 209.02 | |
| Depreciation and amortisation expenses/Other expenses | 40.21 | 42.03 | 27 | 17052 |
| Total Expenses (IV) | 144.44 | 160.32 | 156.21 | 615.73 |
| Profit before exceptional items and tax (III-V) | ||||
| Exceptional items | 38.09 | 96.80 | 97.80 | 48324 |
| Tax expense: Current/Deferred | 3464 | B | (225.01) / (225.01) | |
| Profit/(Loss) for the period (V-VI) | 7273 | 96.79 | (127.21) | 21842 |
Key Financial Notes and Audit Opinion
The company noted that it has accumulated losses of 1,633.95 lakhs as at June 30, 2026. Furthermore, current liabilities are currently in excess of current assets. Considering the market value of its immovable properties, the financials have been prepared on a going concern basis.In terms of statutory dues, there is no provision made for interest payable on outstanding unpaid statutory dues of Tax deducted at source up to the date amounting to 32.78 lakhs, including arrears totaling 31.23 lakhs up to March 31, 2026. Exceptional items are defined as profit earned on the sale of used equipment.
The Independent Auditor's Review Report confirmed that, based on the review conducted, nothing came to their attention that causes them to believe that the accompanying Statement contains any material misstatement, except for the probable effects of the matters described in the basis for Qualified Conclusion.
Stock Price Movement
Shares of Sheshadri Industries Ltd are edging higher at ₹16.67, posting a 4.38% gain as of 13:16. The stock is trading completely flat, with its intraday high and low locked at the current price point of ₹16.67.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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