SRM Contractors Limited Approves Financial Results and Appoints Fiscal Year Auditors
SRM Contractors Limited announced that its Board of Directors approved the audited financial results for the Quarter and Financial Year ended March 31, 2026, during a board meeting held on May 26, 2026. The company also confirmed the appointment of auditors for the upcoming fiscal year.The audited financial results include standalone and consolidated statements covering the quarter and the full financial year ended March 31, 2026. The figures were previously reviewed by the Audit Committee on May 14, 2026, before being taken on record by the Board. The Board confirmed that it did not recommend any dividend.
The company’s accounts received an unmodified opinion from the statutory auditors, M/s Rohit KC Jain & Co., for both the standalone and consolidated financial results for the year ended March 31, 2026.
Key Governance Decisions
During the meeting, the Board also formalized appointments for the financial year 2026-27:| Role | Appointee | Appointment Date | Term |
|---|---|---|---|
| Internal Auditor | Mr. Vijay Langoo | May 26, 2026 | One Year |
| Cost Auditors | M/s Verma Khushwinder & Co., Cost Accountants | May 26, 2026 | One Year |
Financial Results Overview
The consolidated financial reports cover the Parent Company and its subsidiaries and joint ventures, including entries for Maccaferri Infrastructure Pvt Ltd., SP Mangal Murti Enterprises Pvt Ltd., Loran Valley Power Projects Pvt Ltd., ECI SRM Projects, SRM Rajinder Projects, Kapahi SRM Projects, SRM RSB Projects, and SAI SRM Projects.The audit reports confirmed that the standalone financial results were presented in accordance with Indian Accounting Standards (Ind AS) and provided a true and fair view of the company’s financial information. Similarly, the consolidated results were found to present a true and fair view of the Group's financial information, compliant with relevant Indian Accounting Standards.
The appointed auditors, M/s Rohit KC Jain & Co., issued declarations confirming the unmodified opinion on the audited financial results for the year ended March 31, 2026, for both standalone and consolidated records.
SRM Stock Price Movement
Shares of SRM Contractors Limited are edging higher to ₹554.1 as of 12:37 PM, gaining 4.27% in live trading. The strong performance is buoyed by sustained market activity, with 1.98 million shares transacted on the day.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.