SSDL Board Approves Q1 FY27 Results, Appoints New Auditors, Schedules AGM for Sep 18
Saraswati Saree Depot Limited announced its Q1 FY27 results, with total revenue at ₹148.98 crore and profit before tax at ₹8.91 crore. The Board approved the appointment of PPC & Co as new Statutory Auditors for five years and scheduled the AGM for September 18, 2026.
The announcement includes the approval of quarterly financial results, a key event for investors. The appointment of new auditors for a five-year term and the scheduling of the AGM are also significant corporate actions that impact governance and future proceedings.
The announcement reports financial results and corporate actions. While the results show a slight increase in revenue and profit, there are no exceptionally positive or negative indicators. The appointment of new auditors is a routine corporate governance matter.
Saraswati Saree Depot Limited announced the outcome of its Board Meeting held on Friday, August 14, 2026. The Board approved the Unaudited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report from the Statutory Auditors. The company reported total revenue of ₹148.98 crore for the quarter, a slight increase from ₹145.65 crore in the same quarter last year. Profit before tax stood at ₹8.91 crore, compared to ₹8.59 crore in the previous year's quarter.
The Board also approved the Board's report for the financial year ended March 31, 2026. Furthermore, the Notice of the 6th Annual General Meeting (AGM) for the Financial Year 2025-26 was approved, which is scheduled to be held on Friday, September 18, 2026, at 04:00 p.m. through Video Conferencing/Other Audio Visual Means (VC/OAVM).
In a significant decision, the Board approved the appointment of PPC & Co, Chartered Accountants, as the new Statutory Auditors for a period of five years, commencing from the conclusion of the upcoming AGM until the conclusion of the AGM for the financial year 2030-31. This appointment follows the completion of the term of the current auditors, M/s. Sanjay Vhanbatte & Co.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Saraswati Saree Depot Limited. Read the original for the full detail.