Saboo Sodium Chloro corrects audit opinion error in FY26 filing

1 min read     Updated on 12 Jun 2026, 02:17 PM
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Ashish TScanX News Team
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Saboo Sodium Chloro Ltd refiled its audited FY26 results to correct a clerical error that mislabeled the audit opinion as 'Qualified' instead of 'Unmodified'. The company confirmed no changes to financial results and submitted a previously omitted declaration under SEBI LODR Regulations.

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Saboo Sodium Chloro Ltd has refiled its audited annual results for the financial year ended March 31, 2026, to correct a clerical error regarding the audit opinion. The company clarified that the Statutory Auditors issued an Audit Report with an Unmodified Opinion, but the word "Qualified" was mistakenly included in a template header during the initial upload to the exchange portal. The revised filing corrects this description and includes a declaration under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which was inadvertently omitted from the original submission on May 30, 2026.

The company emphasized that the revised filing does not alter any financial results, financial statements, audit findings, or other disclosures previously submitted. The correction is limited solely to the audit opinion description and the attachment of the required declaration. The management apologized for the unintentional errors, stating they were purely clerical and without any intent to misrepresent information or withhold disclosures from stakeholders.

Key Details of the Filing

Aspect Details
Financial Year FY26 (Year ended March 31, 2026)
Audit Opinion Unmodified
Original Filing Date May 30, 2026
Regulation SEBI (LODR) Regulations, 2015

The submission was addressed to BSE Limited, requesting the exchange to take the revised filing and the delayed declaration on record. The document was signed by Girdhar Saboo, Managing Director, on behalf of Saboo Sodium Chloro Limited.

Historical Stock Returns for Saboo Sodium Chloro

1 Day5 Days1 Month6 Months1 Year5 Years
-2.42%-3.31%-12.57%-15.11%-32.78%+79.85%

Will the BSE accept the revised filing without imposing any penalties or regulatory sanctions for the clerical error?

How might this administrative error impact investor confidence in the company's internal compliance and reporting controls?

Will the company implement additional review mechanisms to prevent similar template or data entry errors in future regulatory submissions?

Saboo Sodium Chloro posts FY26 profit, re-appoints CFO

1 min read     Updated on 30 May 2026, 06:38 PM
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Saboo Sodium Chloro Limited announced its audited financial results for the fourth quarter and fiscal year ended March 31, 2026. The company reported a net profit of ₹23.26 lakh for FY26, a decline from the previous year, alongside a quarterly net loss of ₹351.30 lakh. Revenue from operations for the year increased to ₹6,395.04 lakh. The board also approved the re-appointment of Jagdish Kumawat as CFO and renewed the tenure of its Registrar and Share Transfer Agent.

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Saboo Sodium Chloro Limited reported a net profit of ₹23.26 lakh for the fiscal year ended March 31, 2026, a decrease from ₹31.45 lakh in the previous year. For the quarter ended March 31, 2026, the company recorded a net loss of ₹351.30 lakh compared to a net loss of ₹394.00 lakh in the corresponding period of the previous year. The board approved the audited financial results for the fourth quarter and year ended March 31, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Income from operations for Q4 FY26 stood at ₹1,468.54 lakh, up from ₹1,336.85 lakh in the same quarter last year. Total expenses for the quarter increased to ₹1,842.80 lakh from ₹1,687.88 lakh in the prior year. For the full year, revenue from operations rose to ₹6,395.04 lakh from ₹5,501.88 lakh in the previous year, while total expenses increased to ₹6,203.68 lakh from ₹5,259.06 lakh.

Metric Q4 FY26 (₹ in lacs) Q4 FY25 (₹ in lacs) FY26 (₹ in lacs) FY25 (₹ in lacs)
Net Sales/Income from operations 1,468.54 1,336.85 6,395.04 5,501.88
Total Expenses 1,842.80 1,687.88 6,203.68 5,259.06
Net Profit/(Loss) (351.30) (394.00) 23.26 31.45
Earnings Per Share (Basic) (0.84) (0.94) 0.06 0.07

Segment Reporting

The company operates in three segments: Salt Manufacturing, Hotel/Resort, and Energy. The Salt Manufacturing segment reported a revenue of ₹1,385.05 lakh for the quarter, while the Hotel/Resort segment contributed ₹83.48 lakh. The Energy segment reported no revenue for the quarter but recorded ₹9.08 lakh for the full year.

Board Appointments

The board approved the re-appointment of Mr. Jagdish Kumawat as Chief Financial Officer of the company effective May 27, 2026. Additionally, the board renewed the appointment of M/s BEETAL Financial & Computer Services Pvt. Ltd. as the Registrar and Share Transfer Agent for a term of two years ending March 31, 2028. The company also re-appointed M/s Tushar Sharma & Co as Internal Auditor. The statutory auditors issued an unmodified audit report on the financial results.

Historical Stock Returns for Saboo Sodium Chloro

1 Day5 Days1 Month6 Months1 Year5 Years
-2.42%-3.31%-12.57%-15.11%-32.78%+79.85%

What specific cost containment measures will the company implement to reverse the widening gap between rising operating expenses and revenue growth?

How does the company plan to monetize the Energy segment, which generated negligible revenue in FY26, moving forward?

Will the company maintain its current pricing strategy for the Salt Manufacturing segment, or are price adjustments anticipated to protect margins in FY27?

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1 Year Returns:-32.78%