Suraj Limited Approves Financial Results and Appoints New Statutory Auditors
Suraj Limited, a manufacturer and exporter of Stainless Steel, Alloy Steel, and Carbon Steel seamless pipes, tubes, fittings, and flanges, announced the outcome of its Board of Directors meeting held on May 7, 2026. The board considered and approved the company’s standalone and consolidated audited financial results for the quarter and year ending March 31, 2026.During the meeting, the board reviewed the standalone and consolidated audited financial results, the Statutory Auditor's report, and the Draft Director's Report for the Financial Year 2025-26.
Corporate Governance Updates
Key decisions approved by the Board of Directors included:- Annual General Meeting (AGM): The 33rd Annual General Meeting of the Company is scheduled to be held on Friday, June 26, 2026, via video conferencing (VC) or other audio-visual means (OAVM). The draft notice for the AGM was also approved.
- Audit Appointments: The board appointed M/s Trivedi Parikh & Shah, Chartered Accountants, as the Internal Auditor for the financial year 2026-27. Additionally, M/s Kiran J. Mehta & Co., Cost Accountants, was appointed as the Cost Auditor for the financial year 2026-27.
- Scrutinizer: M/s. Hardik Jetani & Associates, Practicing Company Secretary, was appointed as the Scrutinizer to the Annual General Meeting.
Financial Performance Overview
The company provided detailed financial results for the quarter and year ended March 31, 2026, compared to the previous financial year.Standalone Financial Results (Rs. in Lakhs except EPS)
The standalone financial performance showed the following trends:
| Particulars | Quarter ended 31-Mar-26 (Audited) | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|
| Revenue from operations | 4,343.47 | 20,585.08 | 23,374.29 |
| Total Income | 4,626.76 | 21,192.26 | 23,796.85 |
| Total expenses | 4,105.97 | 20,139.78 | 22,107.92 |
| Profit / (loss) before tax | 520.79 | 1,052.48 | 1,688.93 |
| Profit / (loss) for the period (PAT) | 379.93 | 725.97 | 1,170.67 |
| Total Comprehensive Income for the period | 386.21 | 728.00 | 1,165.00 |
| Total Assets | 22,334.44 | - | 22,001.11 |
| Total Equity | 13,508.60 | - | 13,056.06 |
Consolidated Financial Results (Rs. in Lakhs)
The consolidated results, which include the associate company Suraj Enterprise Private Limited, reported the following figures:
| Particulars | Quarter ended 31-Mar-26 | Year Ended 31-Mar-26 | Year Ended 31-Mar-25 |
|---|---|---|---|
| Total Income | 4,626.76 | 21,192.26 | 23,796.85 |
| Profit / (loss) before tax | 520.79 | 1,052.48 | 1,688.93 |
| Profit / (loss) for the period (PAT) | 379.93 | 725.97 | 1,170.67 |
| Total Comprehensive Income for the period | 386.21 | 728.00 | 1,165.00 |
| Total Assets | 22,334.44 | - | 22,001.11 |
Audit Confirmation
The independent auditors confirmed that the Statement of Quarterly and Year to Date Standalone Financial Results, as well as the Consolidated Financial Results, provide a true and fair view in conformity with applicable accounting standards.The auditors reported an unmodified opinion on both the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026.
Key Financial Summary (Rs. in Lakhs)
A comparative view of the total assets as of March 31 was presented:| Metric | 31 March, 2026 | 31 March, 2025 |
|---|---|---|
| Total Assets | 22,334.44 | 22,001.11 |
SURAJLTD Stock Price Movement
Today, Suraj Limited shares gained value, closing at ₹238.51, reflecting a solid upward trend for the day. Trading activity saw the stock fluctuate within a range of ₹231.7 to ₹242.99, recording a total volume of 1,975 shares.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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