Shree Karthik Papers Limited has attributed a delay in submitting the outcome of its Board meeting to a technical error on the BSE site. The company responded to a regulatory query dated June 2, 2026, explaining that the issue prevented it from filing the results within the required 30-minute window following the meeting.

In its communication to BSE Ltd, Shree Karthik Papers stated that it resumed the filing process at 9 PM on the same day. The outcome of the Board meeting was successfully uploaded at 9:20 PM, followed by the XBRL filing at 10:30 PM.

The company assured the exchange that such delays would not occur in the future and requested that further proceedings regarding the incident be dropped. The filing was submitted by the Managing Director on behalf of the paper manufacturer.

Filing Timeline

Shree Karthik Papers Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹34.12 lakh compared to ₹19.15 lakh in the previous year. The company's revenue from operations rose to ₹6318.07 lakh from ₹5779.90 lakh in FY25, driven by its single operating segment of manufacturing writing and printing papers. For the quarter ended March 31, 2026, the company recorded a net profit of ₹28.90 lakh, a significant turnaround from the net loss of ₹36.58 lakh in the corresponding quarter of the previous year.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, in a meeting held on May 27, 2026. The Audit Committee reviewed the results earlier the same day. Paul & Aravind LLP, Chartered Accountants, issued an unmodified opinion on the standalone financial results, confirming they give a true and fair view in conformity with applicable accounting standards.

Total income for FY26 stood at ₹6347.77 lakh, up from ₹5802.53 lakh in the prior year. The company managed its expenses effectively, with total expenses for the year at ₹6347.40 lakh compared to ₹5771.47 lakh in FY25. Profit before exceptional items and tax for the year was ₹0.37 lakh, while exceptional items contributed ₹33.75 lakh to the bottom line.

Financial Performance

The company's earnings per equity share (basic) for FY26 improved to ₹0.18 from ₹0.10 in the previous year. The paid-up equity share capital remained constant at ₹955.50 lakh, comprising 1,91,10,000 shares of ₹5 each.

Balance Sheet and Cash Flows

The total assets of the company increased to ₹3669.11 lakh as of March 31, 2026, from ₹3340.68 lakh in the previous year. Non-current assets stood at ₹1751.99 lakh, while current assets rose to ₹1917.12 lakh, bolstered by inventories of ₹828.46 lakh. On the liabilities side, total equity improved to ₹295.30 lakh from ₹261.19 lakh.

Cash flow from operating activities generated ₹80.78 lakh during the year, while investing activities used ₹98.51 lakh. Financing activities resulted in a net inflow of ₹18.96 lakh. Consequently, cash and cash equivalents at the end of the year increased to ₹3.33 lakh from ₹2.10 lakh at the beginning of the year.