Saraswati Saree Depot submits Q1FY27 unaudited results

0 min read     Updated on 16 Aug 2026, 03:12 PM
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Saraswati Saree Depot Limited filed its Q1FY27 unaudited results with the exchange on August 16, 2026. The newspaper clippings from Times Business and Punyanagari were published on August 15, 2026. The submission complies with SEBI LODR Regulation 47.

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Saraswati Saree Depot Limited has submitted the newspaper clippings of its unaudited financial results for the quarter ended June 30, 2026. The disclosure was made in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company published its financial results along with the Limited Review Report in Times Business (English) and Punyanagari (Marathi) on Saturday, August 15, 2026.

Vidhi Bharat Oswal, Company Secretary and Compliance Officer of Saraswati Saree Depot Limited, signed the submission letter dated August 16, 2026, from Kolhapur. The filing requests the exchange to take the documents on record.

Historical Stock Returns for Saraswati Saree Depot

1 Day5 Days1 Month6 Months1 Year5 Years
-4.70%+21.67%+17.48%-11.97%-28.72%-68.02%

How will the unaudited financial performance for Q2 FY27 influence investor sentiment ahead of the full-year results?

What strategic initiatives is Saraswati Saree Depot planning to drive growth in the competitive textile retail sector?

Will the company declare dividends or propose a bonus issue based on the reported quarterly earnings?

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Saraswati Saree Depot reports FY26 revenue of ₹6,035.90 million

1 min read     Updated on 10 Jul 2026, 03:00 AM
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Saraswati Saree Depot reported audited financial results for the year ended March 31, 2026, recording a revenue of ₹6,035.90 million. The company posted a net profit of ₹234.06 million for the fiscal year, compared to ₹305.76 million in the previous year. The board also appointed M/s. Ajit M. Joshi and Associates as the internal auditor for FY 2026-27.

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Saraswati Saree Depot reported audited financial results for the year ended March 31, 2026, recording a revenue of ₹6,035.90 million. The company posted a net profit of ₹234.06 million for the fiscal year, a decline from the ₹305.76 million reported in the previous year. For the quarter ended March 31, 2026, the company achieved a revenue of ₹1,352.65 million and a net profit of ₹33.35 million.

The board of directors approved the audited financial results along with the audit report of the statutory auditors in accordance with Indian Accounting Standards (Ind AS). Additionally, the board appointed M/s. Ajit M. Joshi and Associates, Chartered Accountants, as the internal auditor for the financial year 2026-27 based on the recommendations of the Audit Committee.

Financial Performance

The company's total expenses for the year ended March 31, 2026, stood at ₹5,671.74 million, compared to ₹5,485.54 million in the prior year. Profit before tax for the year was ₹311.96 million, down from ₹408.21 million in FY25. The basic earnings per share for the year were recorded at ₹1.77.

The statutory auditors, Sanjay Vhanbatte & Company, issued a qualified opinion in their report. The qualification noted that the company has not maintained stock records giving quantitative details of the goods dealt in during the year, with closing inventory taken based on physical counting carried out and related procedures.

Key Financial Figures

Particulars Year Ended 31.03.2026 (₹ Million) Year Ended 31.03.2025 (₹ Million)
Revenue from operations 6,035.90 6,071.53
Total Expenses 5,671.74 5,485.54
Profit before tax 311.96 408.21
Net Profit 234.06 305.76
Basic EPS (₹) 1.77 5.89

Board Decisions

During the meeting held on May 29, 2026, the board approved the appointment of M/s. Ajit M. Joshi and Associates as the internal auditor. The firm, holding FRN 100228W, will conduct the internal audit for the company for FY 2026-27. The company also submitted a signed Statement of Impact on Audit Qualifications to the exchanges following a discrepancy raised regarding an unsigned submission.

Historical Stock Returns for Saraswati Saree Depot

1 Day5 Days1 Month6 Months1 Year5 Years
-4.70%+21.67%+17.48%-11.97%-28.72%-68.02%

What specific measures will management implement to address the qualified audit opinion regarding stock records?

How does the company plan to control rising expenses to reverse the decline in net profit margins?

Will the new internal auditor play a role in improving inventory management systems and compliance?

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1 Year Returns:-28.72%