Smruthi Organics Reports Q1 Financial Results for FY26; API Segment Drives Performance
Smruthi Organics Ltd. announced its Unaudited Financial Results for the first quarter ended June 30, 2026. The results reflect the company's segmented operations, with the bulk of the business conducted through its primary operating segment, while the Formulations Marketing Division continues to be managed as a discontinued operation.The Board of Directors reviewed and approved these unaudited financial statements in their meeting held on August 10, 2026, along with a Limited Review Report issued by statutory auditors Gokhale & Sathe.
Financial Performance Snapshot (Q1 FY26)
For the quarter ended June 30, 2026, the company reported a Net Profit of 287.81 Lakhs. Total Income stood at 2,932.78 Lakhs, against which expenses totaled 2,539.90 Lakhs. The consolidated net profit after tax from continuing operations was 294.41 Lakhs, while the company recorded a loss of (6.60) Lakhs after tax from discontinued operations.The financial statements confirm that the bulk drugs and intermediates (API) division is the single operating segment as of May 14, 2026. The Formulations Marketing Division was approved for discontinuance by the Board in May 2026 and its results are presented separately in accordance with accounting standards governing assets held for sale.
Segment Results and Operational Structure
The company operates through two segments: API and Formulation, which is being treated as a discontinued operation. The financial data provides insight into both streams of business activity.The performance metrics for the two segments, along with key financials, are presented below:
| Particulars (Rs. In Lakhs) | Quarter Ended 30-06-2026 | Quarter Ended 31-03-2026 | Quarter Ended 30-06-2025 | Year Ended 31-03-2026 |
|---|---|---|---|---|
| Revenue from Operations Total | 2,932.78 | 2,910.60 | 1,907.97 | 10,209.06 |
| API Segment Revenue | 419.64 | 307.79 | -53.21 | 981.64 |
| Formulation Unallocable Revenue | (8.82) | (10.85) | (-7.17) | (-43.06) |
| Total Income | 2,932.78 | 2,910.60 | 1,907.97 | 10,209.06 |
| Profit Before Tax (Total) | 380.53 | 190.18 | -173.82 | 488.44 |
| API Profit before Tax | 388.54 | 290.71 | -79.94 | 872.10 |
| Formulation PBT | (8.82) | (10.85) | (-7.17) | (-43.06) |
Audit and Compliance Status
The results have been reviewed by the company's statutory auditors, Gokhale & Sathe, who issued a Limited Review Report on the unaudited quarterly financial statements. This review was conducted in accordance with the Standard on Review Engagement (SRE 2410). The auditor confirmed that nothing came to their attention which caused them to believe that the Statement contained any material misstatement and was prepared as required by applicable Indian Accounting Standards.The company's unaudited financial results were prepared in compliance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.
Stock Price Movement
As of 12:28, Smruthi Organics Ltd is tracking strongly higher in the market, currently trading at ₹130.90, fueled by a sharp gain of ₹14.55 or 12.51%. The shares moved through a notable intraday range, hitting a low of ₹116.35 before touching the current high level.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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