Spectrum Electrical Industries Announces Board Decisions and Releases Quarterly Financial Results

Spectrum Electrical Industries Announces Board Decisions and Releases Quarterly Financial Results

Spectrum Electrical Industries Announces Board Decisions and Releases Quarterly Financial Results​

Spectrum Electrical Industries Limited has announced the outcomes of its recent Board meeting, including the re-appointment of key auditors for the financial year 2026-27. The company also released its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026.

Key Board Appointments Confirmed​

At the Board meeting held on August 13, 2026, the directors considered and approved the re-appointment of two essential auditors for the company:

  • Internal Auditor: M/s. Sonawane MOR and Company (Chartered Accountants) was re-appointed as the Internal Auditor for the financial year 2026-27.
  • Cost Auditor: M/s. Kolhe & Associates (Cost and Management Accountants) was re-appointed as the Cost Auditor for the financial year 2026-27.

Unaudited Standalone Financial Results​

The company's unaudited standalone financial results for the quarter ended June 30, 2026, were reviewed by SHARP AARTH & CO LLP and approved by the Board of Directors. The results showed sustained revenue and profitability across periods.

Key figures from the standalone financials are presented below (figures are in Rs. Lakhs):

MetricQuarter Ended June 30, 2026Quarter Ended March 31, 2026Quarter Ended June 30, 2025Year Ended March 31, 2026
Total Revenue15,849.6518,574.678,702.4351,147.16
Total Expenses14,081.7816,008.248,022.5945,589.54
Profit before tax1,767.872,566.43679.845,557.62
Profit for the quarter1,329.111,958.17608.514,279.80

Consolidated Financial Performance​

The unaudited consolidated financial results for the quarter ending June 30, 2026, were reviewed by SHARP AARTH & CO LLP and approved by the Board of Directors. The company's business scope encompasses the design and manufacturing of electrical, automobile, and irrigation products and components across a single segment.

The consolidated results demonstrate the Group’s financial standing:

MetricQuarter Ended June 30, 2026Quarter Ended March 31, 2026Quarter Ended June 30, 2025Year Ended March 31, 2026
Total Revenue15,653.4819,740.508,754.1253,129.76
Total Expenses13,890.0016,984.708,119.9047,320.00
Profit before tax1,763.482,755.80634.225,809.76
Profit for the quarter (Attributable to Shareholders)1,305.112,083.47562.834,447.84

The Group includes the Parent Company and five subsidiaries in its operations: Spectrum Electrical Technologies Private Limited, Spectrum Health -Tech Private limited, Mechmaster Engineering Private Limited, Pristine IT Code Private Limited, and Alric Electric Private Limited.

SPECTRUM Stock Price Movement​

Shares of Spectrum Electrical Industries Limited tumbled in post-market trading today, shedding 5.00% to settle at ₹2236.90. The equity traded within a range throughout the session, testing a low of ₹2236.9 and reaching an intraday high of ₹2326.9.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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