Thomas Scott Announces Audited Financial Results and Re-appoints Internal Auditor
Thomas Scott (India) Limited held its Board of Directors meeting on May 30, 2026. At this meeting, the company considered and approved the audited financial results, along with the accompanying Auditor's Report, for the quarter and year ended March 31, 2026. The board also approved the re-appointment of M/s FRG & Company, Chartered Accountants, to serve as the Internal Auditor for the Financial Year 2026-27.The company's statutory auditor, M/s Bharat Gupta & Co., confirmed that the financial results for the quarter and year ended March 31, 2026, bear an unmodified opinion.
Financial Performance Review
The Statement of Financial Results for the quarter and year ended March 31, 2026, showed the following key figures:| Particulars | Audited Quarter Ended 31.03.2026 (Rs. Lacs) | Audited Year Ended 31.03.2026 (Rs. Lacs) |
|---|---|---|
| Other Income | 7,781.03 | 25,488.58 |
| Total Income | 331 | 72.92 |
| Total Expenses | 7,784.35 | 16,176.14 |
| Profit/(Loss) before Exceptional Items and Tax | 6,858.07 | 22,668.97 |
| Profit/(Loss) before Tax | 106.12 | 1,588.03 |
| Total Comprehensive Income | 0 | 538 |
Financial Position Overview
The company’s Balance Sheet showed a significant increase in assets and equity compared to the previous year.| Particulars | 31.03.2026 Audited (Rs. Lacs) | 31.03.2025 Audited (Rs. Lacs) |
|---|---|---|
| Property, Plant and Equipment (Non-current Assets) | 1,251.89 | 1,131.04 |
| Inventories (Current Assets) | 8,582.70 | 5,989.18 |
| Trade Receivables (Current Assets) | 8,621.81 | 5,770.70 |
| Total Equity and Liabilities (Total) | 14,093.96 | 19,328.89 |
Cash Flow Highlights
According to the Statement of Cash Flow, the company generated net cash from operating activities of (Rs. 2,675.80 Lacs) for the year ended March 31, 2026, compared to (Rs. 3,930.20 Lacs) in the prior year.The cash and cash equivalents at the end of the year stood at 5.37 Lacs, up from 8.55 Lacs in the previous year.
Operational Details and Governance
The company, primarily engaged in manufacturing and trading of textile products, noted that no segment reporting was done for the nine-month period ended December 2025, as the export turnover was nil.The Board's report detailed a fire incident that occurred at the Bhiwandi warehouse, Maharashtra, on November 25, 2025. The company recorded Rs 137.35 Lacs as an exceptional item in the Statement of Profit and Loss for the quarter, representing the loss of inventory.
In terms of governance, the company re-appointed M/s. FRG & Company, Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27.
For the period ended March 31, 2026, the Statement of Profit and Loss for the quarter saw a recorded exceptional item of Rs 106.12 Lacs, reflecting the extent of the loss of inventory from the fire incident.
THOMASCOTT Stock Price Movement
On Friday, shares of Thomas Scott (India) Limited settled at ₹309.3, achieving a strong 2.72% gain for the day. The stock traded on a volume of 186,104 shares, having ranged between a low of ₹293.7 and a high of ₹319.45.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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