Ishwarshakti Holdings & Traders Limited reported a net loss of ₹3,129.46 thousand for the financial year ended March 31, 2026, widening from a loss of ₹1,706.55 thousand in the previous year. The company recorded a total comprehensive income of ₹3,48,633.03 thousand for the year, driven by other comprehensive income of ₹3,51,762.50 thousand. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, in a meeting held on May 29, 2026.

Revenue from operations for the year stood at ₹6,194.11 thousand, a significant decrease from ₹15,570.60 thousand in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹7,562.86 thousand. Total expenses for the year increased to ₹9,904.61 thousand from ₹18,106.18 thousand in the prior year. The negative other income of ₹6,303.42 thousand for the quarter was attributed to the reversal of interest income recognized in earlier quarters due to default in servicing interest.

The board approved the change in designation of Mr. Vinay Seksaria from Executive Director to Managing Director, Key Managerial Personnel, and Chairman of the company with immediate effect, subject to shareholder approval. Mrs. Radhika Seksaria was appointed as an Additional Director. Additionally, M/s. M.R.V. & Associates, Chartered Accountants, were re-appointed as Internal Auditors for F.Y. 2026-27.

M/s. B. L. Dasharda & Associates, Statutory Auditors, issued an audit report with an unmodified opinion. The auditors emphasized that the company implemented a new methodology for determining the carrying value of investments in associates based on Net Asset Value (NAV) for the first time during the quarter. This adjustment was recognized in accordance with Indian Accounting Standards (Ind AS).

Financial Results for FY26

Ishwarshakti Holdings & Traders Limited reported a net loss of ₹3.13 crore for the financial year ended March 31, 2026, widening from a net loss of ₹1.71 crore in the previous year. The company’s revenue from operations for the year stood at ₹6.19 crore, a significant decline from ₹15.57 crore in FY25, primarily due to a reversal of interest income recognized in earlier quarters following a default in servicing interest. The Board of Directors approved the audited standalone financial results at a meeting held on May 29, 2026.

Financial Performance

The loss for the quarter ended March 31, 2026, was reported at ₹7.56 crore, compared to a net loss of ₹1.88 crore in the same period last year. Total income for the quarter was negative at ₹4.16 crore, driven by the reversal of other income. The company’s total comprehensive income for the year surged to ₹348.63 crore, a sharp increase from the previous year, due to the recognition of other comprehensive income largely stemming from the fair valuation of investments in associates.

Key Board Decisions

During the meeting, the Board approved the change in designation of Mr. Vinay Seksaria from Executive Director to Managing Director, Key Managerial Personnel, and Chairman of the Company with immediate effect, subject to shareholder approval. The appointment is for a term of five years. Additionally, Mrs. Radhika Seksaria was appointed as an Additional Director. The Board also re-appointed M/s. M.R.V. & Associates, Chartered Accountants, as the Internal Auditor for F.Y. 2026-27.

Auditor and Regulatory Compliance

The audit report for the financial year was issued by M/s. B. L. Dasharda & Associates, Statutory Auditors, with an unmodified opinion. The auditors emphasized a change in the methodology for determining the carrying value of investments in associates, specifically Seksaria Industries Private Limited and Seksaria Confectionaries Private Limited, based on their Net Asset Value as of March 31, 2026. The financial results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.