Salora International reported a widened net loss of ₹407.46 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹132.61 lakh in the previous year. The consumer electronics company saw its revenue from operations contract to ₹6,107.45 lakh in FY26 from ₹15,090.30 lakh in FY25, reflecting an unfavorable business environment. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026.

Financial Performance

The company recorded a total income of ₹6,327.28 lakh for the year ended March 31, 2026, down from ₹15,274.54 lakh in the prior year. Total expenses for FY26 stood at ₹6,557.82 lakh, a decrease from ₹15,446.33 lakh in FY25. The loss for the quarter ended March 31, 2026, was reported at ₹286.57 lakh, with revenue from operations for the quarter at ₹1,111.50 lakh.

Key Financial Metrics

Exceptional Items and Tax Assets

The financial results include an exceptional item of ₹237.77 lakh, representing the lapse of deferred tax assets on unabsorbed business losses. Due to the inability to generate profits to utilize these assets, the amount was written off during the year. Deferred tax assets as of March 31, 2026, stood at ₹2,038.78 lakh, which the company expects to realize based on its enhanced product portfolio and new business strategy focusing on deeper penetration and operational efficiency.

Auditor and Board Approvals

Statutory auditors O P Bagla & Co LLP issued an audit report with an unmodified opinion on the audited financial results. The board also approved the appointment of M/s. Navneet Sehgal & Co., Chartered Accountants, as internal auditors and M/s. Gurvinder Chopra & Co., Cost Accountants, as cost auditors for FY26-27. Additionally, the board reviewed related party transactions for the period ended March 31, 2026.

Salora International Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange (BSE) in accordance with regulatory requirements for the quarter ended March 31, 2026. The submission demonstrates the company's adherence to SEBI regulations governing the dematerialization process of securities.

Regulatory Compliance Details

The certificate was submitted on April 13, 2026, pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The document was issued by Skyline Financial Services Private Limited, which serves as the company's Registrar & Share Transfer Agent.

Certificate Confirmation

Skyline Financial Services Private Limited confirmed compliance with key regulatory requirements for the dematerialization process. The certificate validates that proper procedures were followed for handling physical share certificates received for conversion to electronic format.

The confirmation covers two critical aspects:

• Securities comprised in the certificates have been listed on the stock exchange where previously issued securities are listed
• Certificates have been duly verified, mutilated, cancelled, and the depository name substituted in records as registered owner within the mandated 15-day period

Corporate Authorization

The submission was authorized by Gopal Sitaram Jiwarajka, Chairman & Managing Director of Salora International Limited, bearing DIN 00024325. The certificate was also copied to the Listing Compliance Department of Calcutta Stock Exchange in Kolkata.

Company Information

This quarterly submission reflects Salora International's ongoing commitment to maintaining regulatory compliance and transparency in its securities operations, ensuring proper adherence to SEBI guidelines for depository and participant regulations.