SVP Global Textiles Announces FY26 Financial Results and Key Governance Changes
SVP Global Textiles Limited (formerly SVP Global Ventures Limited) announced the approval of its audited standalone and consolidated financial results, along with key governance updates, following a Board meeting held on May 30, 2026.During the meeting, the Board considered and approved the Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026, alongside the Statement of Assets & Liabilities as of March 31, 2026, and the Cash Flow Statement for the financial year ended March 31, 2026. The Board also approved the Statutory Auditors' Report and the Declaration on the Annual Audited Financial Results for the year ended March 31, 2026.
Auditor and Internal Appointments
The company confirmed changes in its professional auditing team for the current fiscal year.- Cost Auditor: The Board approved the appointment of M/s. M. Goyal & Co. as Cost Auditor for the Financial Year 2026-27. The firm, established on May 16, 1995, specializes in cost audit and currently has five partners, with three possessing over 22 years of experience.
- Internal Auditor: M/s. Shweta Jain & Co. LLP (Firm Registration No. 127673W/W101149) Chartered Accountants was approved as the Internal Auditor of the Company for the Financial Year 2026-27.
Financial Performance Summary
The financial performance for the period ending March 31, 2026, shows significant figures across various statements:Standalone Financial Results (Key Figures in Rupees Lakhs)
| Particulars | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|
| Total Revenue (a+b+c) | 5.62 | 9,296.79 |
| Employees cost | 8.31 | 35.87 |
| Depreciation | 182.97 | 734.21 |
| Total Expenditure (a+b+c) | 211.88 | 746.97 |
| Net Profit/Loss for the period | (101.85) | (636.94) |
| Total Comprehensive Income | (101.85) | (996.33) |
| Earnings Per Share (Basic EPS) | (0.08) | (0.50) |
Consolidated Financial Results (Key Figures in Rupees Lakhs)
| Particulars | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|
| Total Revenue (a+b+c) | 5.62 | 9,296.79 |
| Total Expenditure (a+b+c) | 16,354.06 | 32,294.25 |
| Net Profit/Loss for the period | 19,998.63 | 4,561.58 |
| Total Comprehensive Income | 19,998.63 | 4,561.58 |
| Earnings Per Share (Basic EPS) | 15.81 | 3.61 |
Balance Sheet Summary (Rs in Lakhs)
| Particulars | As at 31 March, 2026 | As at 31 March, 2025 |
|---|---|---|
| Total Assets | 14,543.39 | 15,339.72 |
| Total Equity and Liabilities | 14,543.39 | 15,339.12 |
Governance Update
The Board also accepted and noted the resignation of Mrs. Prima Denish Parmar (DIN: 10081050) from her position as Independent Director, effective from the close of business on May 31, 2026.***
Disclaimer: The financial statements provided reflect the results for the period ended March 31, 2026, and are prepared in accordance with the required accounting standards.
SVPGLOB Stock Price Movement
On Friday, SVP GLOBAL TEXTILES LIMITED shares edged higher to settle at ₹4.00, gaining 0.76% for the session. The stock demonstrated notable investor interest, recording a total traded volume of 47,459 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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