Sparkle Gold Rock Ltd Reports Q1 Results for June 30, 2026; Notes Operational Cash Inflow and Auditor Resignation Confirmed
Sparkle Gold Rock Limited, formerly Sree Jayalakshmi Autospin Limited, released its unaudited financial results for the quarter ended June 30, 2026. The company’s first quarter figures show revenue from operations stand at 1,277.90 Lakhs, resulting in a profit of 24.92 Lakhs after tax for the period.The company’s financial statements provide insight into its operational performance and balance sheet structure as of June 30, 2026.
Financial Highlights (Quarter Ended June 30, 2026)
Key figures from the Statement of Profit and Loss indicate that while revenue stood at 1,277.90 Lakhs, expenditures were reported at 1,244.60 Lakhs. This led to a profit before tax (PBT) of 33.30 Lakhs, translating to a net profit for the quarter of 24.92 Lakhs.| Particular | Value (in Lakhs) |
|---|---|
| Revenue from Operations | 1,277.90 |
| Total Expenses | 1,244.60 |
| Profit before Tax | 33.30 |
| Profit for the Period | 24.92 |
| Earnings Per Share (EPS) Basic | 0.56 |
Balance Sheet Snapshot
As of June 30, 2026, the company maintained a significant asset base. Total Assets stood at 4,836.70 Lakhs. The equity structure includes Equity Share Capital of 447.82 Lakhs and Other Equity of 103.91 Lakhs.The assets are diversified across non-current and current categories, with Non-Current Assets comprising Property, Plant & Equipment (at 1.47 Lakhs as of the audited date, March 31, 2026) and other non-current items totaling 1.54 Lakhs. Current assets include Inventories (1.73 Lakhs), Trade Receivables (4,723.15 Lakhs), Cash & Cash Equivalents (102.48 Lakhs), and current tax assets (2.90 Lakhs).
Operational Cash Flow Analysis
The Cash Flow Statement for the period ended June 30, 2026, showed a Net Cash Generated from Operations of 1,110.91 Lakhs. This was followed by an outflow of cash in investing activities (amounting to 0.00 Lakhs), resulting in a closing balance for Cash and Cash Equivalents at the end of the period standing at 102.48 Lakhs.Corporate Event: Auditor Resignation
The company confirmed that G.R. Gupta and Company, which served as the statutory auditor, has resigned from the position. The resignation was submitted immediately with effect, following an intention letter dated July 27, 2026. The detailed reason provided for the resignation was that it is "Not commercially viable to continue as Statutory Auditor at the fee previously paid."The company confirmed that a limited review report on the unaudited financial results for the quarter ended June 30, 2026, was issued by the auditing firm prior to the resignation.
Stock Price Movement
As of 14:01, Sparkle Gold Rock Ltd is ticking down, trading at ₹75.00 after seeing a minor slip of 0.04%. The shares moved intraday within a significant range, bouncing between a low of ₹64.00 and a high of ₹78.80.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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