SJ Corporation's Consolidated Results Receive Audit Affirmation for Fiscal Year 2026
SJ Corporation Ltd has received an audit opinion on its consolidated financial results for the year ended March 31, 2026. The findings address previous observations regarding discrepancies in the presentation of these financial statements.The audited report covers the consolidated financial results of SJ Corporation and its subsidiary, Fishfa Rubbers Limited. The auditors stated that based on their examination, the Consolidated Financial Results for the year ended March 31, 2026 give a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other generally accepted accounting principles.
The audit included an assessment of the ability of both entities to continue as a going concern and evaluated the appropriate presentation of the annual consolidated financial statements.
Subsidiary Financial Performance
Regarding the subsidiary, Fishfa Rubbers Limited, which was audited by other auditors, the statement includes key financial details for the year ended March 31, 2026.Key financial figures pertaining to the subsidiary are detailed below:
| Metric | Amount (lakh) |
|---|---|
| Total Assets (as of March 31, 2026) | 21,471.72 |
| Total Revenues | 18,280.75 |
| Total Profit After Tax | 1,290.32 |
| Net Cash Outflows (for the year) | 336.52 |
The consolidated statements were prepared in compliance with accounting principles and reflect a true and fair view of the group’s financial position.
Stock Price Movement
At the close of trade today, SJ Corporation Ltd settled at ₹116.25, posting a gain of 4.97%. The shares were completely locked intraday, as the stock traded flatly with the high and low both registering at ₹116.25.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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