Shringar House of Mangalsutra Limited Approves Unaudited Financial Results for Quarter Ended June 30, 2026
Shringar House of Mangalsutra Limited announced that its Board of Directors has approved and reviewed the Unaudited Financial Results (Standalone) for the quarter ended June 30, 2026. These results were finalized alongside the Independent Auditor's Limited Review Report. The Board meeting, held on August 12, 2026, considered these financial results after review by the Audit Committee.The company reported that it operates in a single segment of manufacturing and trading of Mangalsutra, which dictates its reporting structure according to Ind AS 108 Operating Segments. The unaudited financials have been reviewed by the Audit Committee and subsequently approved by the Board of Directors.
Financial Performance Snapshot
The financial results for the quarter ended June 30, 2026, alongside comparisons from previous periods, show the following key figures (amounts are in Millions unless otherwise stated).| Particulars | Quarter Ended 30/06/26 (Unaudited) | Quarter Ended 31/03/26 (Unaudited) | Quarter Ended 30/06/25 (Unaudited) | Year Ended 31/03/26 (Audited) |
|---|---|---|---|---|
| Total Income | 549,835 | 32,758 | 332,667 | 2,250,424 |
| Total Expenses | (Amount) | (Amount) | 284,495 | 465,012,187 |
| Profit/(Loss) before tax expense | 469.33 | 438.89 | 38,255 | 152,251 |
| Total Tax Expenses | 12,933 | (Amount) | 9,743 | 36,759 |
| Profit/(Loss) after tax for the period/year | 340.00 | 340.05 | 808 | 115,492 |
Note: The figures for the quarter ended March 31, 2026, are balancing figures derived from the audited financial year and year-to-date unaudited results.
Audit Review and Proceeds Utilization
The Independent Auditor's Limited Review Report concluded that nothing came to their attention that caused them to believe that the accompanying Statement, prepared in accordance with Ind AS 34, has not disclosed required information or contains any material misstatement.Regarding the utilization of net proceeds from the Initial Public Offering (IPO), which involved a face value of INR 10 per share and an issue price of INR 165 per equity share, there were details provided on unutilized funds as of June 30, 2026:
| Purpose | Amount Proposed in Revised Cost / Offers Document | Amount Utilized vs. Capital Amount Unutilized (as of 30th June 2026) |
|---|---|---|
| Working Capital Requirement | 25 million | 2,54 million held in Kotak Bank Account |
| General Corporate Purpose | 357 | (No specific utilization figure provided) |
| Issue Expenses | 530 | (No specific utilization figure provided) |
SHRINGARMS Stock Price Movement
On Wednesday, shares of Shringar House of Mangalsutra Limited slipped by 1.44% to close at ₹229.71.The equity saw a total traded volume of 829,910 shares during the session.
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