Saraswati Saree Depot Ltd. Board Approves FY26 Audited Results, Appoints New Internal Auditor
Saraswati Saree Depot Limited's Board approved audited financial results for the quarter and year ended March 31, 2026. Revenue for the quarter was ₹1,352.65 million, and for the year, ₹6,359.73 million. Profit after tax for the year was ₹234.06 million. M/s. Ajit M. Joshi and Associates appointed as Internal Auditor for FY27.
The approval of audited financial results and the appointment of an internal auditor are routine but important corporate actions that impact financial reporting and internal controls. The financial figures themselves are a key driver of impact for investors.
The announcement reports the approval of audited financial results and the appointment of an internal auditor. While it provides financial figures, there are no significant positive or negative deviations or forward-looking statements that would strongly influence the sentiment.
Saraswati Saree Depot Limited announced the outcome of its Board Meeting held on May 29, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, in accordance with Indian Accounting Standards (IND AS).
The company reported total revenue of ₹1,352.65 million for the quarter ended March 31, 2026, and ₹6,359.73 million for the full fiscal year. Profit after tax for the quarter was ₹33.35 million, while for the full year it stood at ₹234.06 million. Basic earnings per share for the quarter were ₹0.82, and for the year, ₹5.89.
Additionally, the Board approved the appointment of M/s. Ajit M. Joshi and Associates, Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The meeting concluded at 18:00 PM.
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Saraswati Saree Depot Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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