Shrenik Limited Board Approves Audited FY26 Standalone Results, Changes Registered Office
Shrenik Limited's Board approved audited standalone results for FY26. The company reported a net profit of ₹16.42 lacs for the financial year ended March 31, 2026, an improvement from the previous year. The registered office address has also been changed.
The approval of financial results and a change in registered office are material events for the company. The financial performance, though showing annual improvement, has a quarterly loss, which could impact investor perception.
The company reported a net profit for the full year but incurred a loss in the current quarter. While the annual performance shows improvement, the quarterly results are negative, leading to a neutral sentiment.
Shrenik Limited announced the outcome of its Board Meeting held on Wednesday, May 13, 2026. The Board adopted the Audited Standalone Financial Results for the Quarter and Financial Year ended March 31, 2026, along with the report from the Statutory Auditors, S.G. Marathe & Co. The audit report was issued with an unmodified opinion.
Additionally, the Board approved a change in the company's Registered Office from B-1710, West Gate, Near YMCA Club, S.G. Highway, Makarba, Ahmedabad, Gujarat, India, 380015, to B-108, Titanium Business Park, Corporate Road, Makarba Underpass, Ahmedabad-380051. The financial results indicate a net loss of ₹102.65 lacs for the quarter ended March 31, 2026, compared to a profit of ₹107.05 lacs in the same quarter of the previous year. For the full financial year ended March 31, 2026, the company reported a net profit of ₹16.42 lacs, a significant improvement from a net loss of ₹8.94 lacs in the previous financial year.
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Shrenik Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. 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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