Shree Salasar Investments Limited reported a significant surge in consolidated net profit after tax (PAT) to ₹1,843.8 lakh for FY26, up from ₹244.9 lakh in the previous year. The growth was driven by a sharp increase in revenue from operations, which rose to ₹11,236.8 lakh compared to ₹4,444.5 lakh in FY25.

The company’s standalone performance showed a more modest trajectory, with net profit declining to ₹108.3 lakh from ₹138.6 lakh in the prior year. Standalone revenue from operations fell to ₹153.1 lakh, down from ₹180.3 lakh. Despite the dip in standalone earnings, the group’s overall financial health improved, with total assets rising to ₹27,729.6 lakh as of March 31, 2026.

Governance Changes

The Board of Directors held a meeting on September 5, 2026, to approve key governance changes. Independent director Nitin Jain resigned effective September 4, 2026, having served on the Audit Committee, Nomination & Remuneration Committee, and Stakeholders' Relationship Committee.

To fill the vacancy, the board appointed Saumesh Ashok Mishra as an Additional Director and Independent Director, valid until the ensuing AGM. Mr. Mishra holds an MBA and CA qualification and brings expertise in financial services and real estate. He currently holds directorships in Lighthouse Realty Solutions Private Limited, Arkade Developers Ltd, Sancode Technologies Limited, Somani and Company Private Ltd, and Krishna E Square LLP.

Auditor Appointment

The company filled a casual vacancy in its statutory auditor role by appointing M/s B.L. Dasharda & Associates (FRN: 112612W). This replaces M/s Satya Prakash Natani & Co, who resigned from the position. The new firm will hold office for five years, from the conclusion of the 46th AGM until the conclusion of the 51st AGM, covering financial years 2026-27 to 2030-31.

Annual General Meeting

The board scheduled the 46th Annual General Meeting for September 29, 2026, at 11:30 am. The meeting will be conducted through video conferencing or other audio-visual means, in compliance with Ministry of Corporate Affairs General Circulars No. 20/2020 and 03/2025. The agenda includes the adoption of audited standalone and consolidated financial statements for FY26, the re-appointment of director Chetana Dasare, and the approval of the new statutory auditor.

What the Numbers Show

The divergence between standalone and consolidated results highlights the company's reliance on its subsidiaries for profitability. While the parent entity saw a decline in revenue and profit, the consolidated figures reveal that subsidiaries contributed significantly to the bottom line. Consolidated finance costs rose sharply to ₹588.2 lakh from ₹2.9 lakh in the previous year, indicating increased leverage at the group level to support operations or investments.

Shree Salasar Investments Limited reported a consolidated net profit of ₹1,825.42 lakh for the financial year ended March 31, 2026, a significant increase from ₹232.69 lakh in the previous year. The company’s board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026. The statutory auditors, Satya Prakash Natani & Co., issued an unmodified opinion on the financial results.

Consolidated Financial Performance

For the year ended March 31, 2026, the company reported total revenue of ₹11,273.18 lakh, up from ₹4,454.91 lakh in the prior year. Total expenses for the period stood at ₹8,809.16 lakh compared to ₹4,106.49 lakh in FY25. The profit before tax for the year was ₹2,464.03 lakh, a substantial rise from ₹348.42 lakh in the previous year. Earnings per share (EPS) for the year increased to ₹26.45 from ₹3.34 in the previous year.

Quarterly Results

In the quarter ended March 31, 2026, the company reported a net profit of ₹487.23 lakh. Total revenue for the quarter was ₹3,001.72 lakh, with total expenses amounting to ₹2,337.40 lakh. The profit before tax for the quarter stood at ₹664.32 lakh.

Standalone Financial Results

On a standalone basis, the company reported a net profit of ₹108.34 lakh for the year ended March 31, 2026, compared to ₹138.61 lakh in the previous year. Total revenue from operations for the year was ₹153.08 lakh, a decrease from ₹180.29 lakh in FY25. Total expenses for the year were ₹24.82 lakh, slightly higher than the ₹23.93 lakh reported in the previous year.

Key Standalone Metrics

The standalone balance sheet as of March 31, 2026, showed total assets of ₹6,618.55 lakh, down from ₹7,444.20 lakh in the previous year. Equity share capital remained constant at ₹697.20 lakh. Investments stood at ₹2,214.97 lakh, an increase from ₹1,417.71 lakh in the prior year. Loans and advances decreased to ₹4,348.54 lakh from ₹5,966.27 lakh.

Regulatory Disclosures

The statutory auditors confirmed that the financial results were prepared in compliance with the Indian Accounting Standards (Ind AS) and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit report did not contain any modified opinions. The results will be published in newspapers as required under Regulation 47 of the LODR regulations.