Standard Industries Limited Announces Unaudited Q1 Results for FY26; Shares rise to 3,216.45 per equity

Standard Industries Limited Announces Unaudited Q1 Results for FY26; Shares rise to 3,216.45 per equity​

Standard Industries Limited released its unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026. The company saw a Net Profit of 8,038.94 Lakhs in its consolidated segment and reported an Earnings Per Share (EPS) of 12.50 for both standalone and consolidated entities.

The results were reviewed by the Audit Committee and subjected to limited review by statutory Auditors, as detailed in the company's official statements released on August 10, 2026.

Consolidated Financial Performance Highlights​

For the quarter ended June 30, 2026 (Unaudited), Standard Industries Limited reported Total Revenue from Operations of 19,257.28 Lakhs, with Other Income reaching 45.29 Lakhs, resulting in a Total Income of 19,302.57 Lakhs.

The company incurred Total Expenses of 10,763.63 Lakhs for the period, leading to Profit before Exceptional Items and Tax of 8,538.94 Lakhs. After deducting the current tax expense of 500.00 Lakhs, the Net Profit/(Loss) for the period stood at 8,038.94 Lakhs.

Total Comprehensive Income for the quarter was 8,039.24 Lakhs. The results showed a Basic Earnings Per Share (EPS) of 12.50 and a Diluted EPS of 12.50 on a face value of 5/- each.

A snapshot of the consolidated financial performance is provided below:

Standalone Results and Segment Analysis​

In the standalone segment, the company recorded Income Revenue from Operations of 18,967.46 Lakhs for the three months ended June 30, 2026. Total Income stood at 19,008.19 Lakhs. Expenses amounted to 10,544.74 Lakhs, resulting in a Profit/(Loss) before tax of 8,463.45 Lakhs.

The company's standalone Segment-wise results showed strong performance from the Property Division (revenue of 18,102.20 Lakhs and profit before tax of 10,281.95 Lakhs) and Trading segment (with revenue of 865.26 Lakhs).

Management Notes and Strategic Updates​

The company provided several updates regarding its operations and investments:

• Development Rights Transfer: The Board of Directors approved the assignment/transfer of Development Rights in the land underlying Stanrose Apartment Building to Prabhadevi Developer Private Limited (Developer). This transfer was executed on May 14, 2026, for a consideration of Rs. 169,51,41,225/- and four residential flats measuring 25,774.61 sq.ft., along with sixteen car parking spaces.
• Captive Power Plant (CPP) Liability: The company is currently obliged to make a provision of Rs. 1375.74 lakhs concerning the electricity duty liability in terms of an order from the Supreme Court of India, following the appeal filed by the State of Maharashtra. Standard Industries Limited is reportedly filing a Review Petition before the Hon'ble Supreme Court alongside other affected Captive Power Producers.
• Investments: The company holds an investment of 5969.82 lakhs in its wholly owned subsidiary, Standard Salt Works Limited. No provision for loss was deemed necessary regarding this strategic investment.
• Investment Disposal: During the previous financial year, the company disposed of its entire investment in Duville Estates Pvt. Ltd., comprising 14,47,714 equity shares across two tranches between July-September 2025 and October-December 2025. This sale generated a gain/(loss) of approximately 1954.43 lakhs.

The company also noted that the Labour Codes notified by the Government of India on November 21, 2025, resulted in NIL impact on its Statement of Comprehensive Income for both the current quarter and the year ended March 31, 2026.

SIL Stock Price Movement​

Shares of Standard Industries Limited are surging as of 2:52 PM, trading at ₹20.36 after gaining a robust 19.13% on heavy volume. The impressive rally pushes the equity toward its daily high and is backed by significant buying interest, with the stock actively traded near the day’s peak of ₹20.42.