Shreenath Investment Company Limited reported a net profit of ₹172.14 lakh for the quarter ended June 30, 2026, marking a significant increase from the ₹44.96 lakh recorded in the corresponding period of FY25. The company’s total income stood at ₹63.01 lakh, derived entirely from other income, as revenue from operations remained nil.

The Board of Directors approved the unaudited standalone financial results in a meeting held on August 12, 2026. The results were reviewed by Mahesh Patira & Associates, the statutory auditors, who issued a limited review report with an unmodified opinion pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Total expenses for the quarter amounted to ₹70.81 lakh, comprising employee benefit expenses of ₹36.38 lakh, finance costs of ₹27.73 lakh, and other expenses of ₹6.59 lakh. Depreciation and amortisation expense was minimal at ₹0.11 lakh. Consequently, the company reported a loss before exceptional items and tax of ₹7.80 lakh, contrasting with a profit before tax of ₹73.84 lakh in Q1FY25.

The bottom-line improvement was primarily attributable to a substantial deferred tax benefit of ₹179.94 lakh. Current tax expense was nil for the quarter. In comparison, total tax expenses in Q1FY25 stood at ₹28.88 lakh, including current tax of ₹1.38 lakh and deferred tax of ₹27.50 lakh.

What the Numbers Show

The divergence between the operational loss and the reported net profit highlights the dominant role of tax accounting adjustments in the quarter’s profitability. While other income declined sharply from ₹114.46 lakh in Q1FY25 to ₹63.01 lakh in Q1FY26, and total expenses increased by over 70%, the deferred tax credit of ₹179.94 lakh more than doubled the final net profit figure compared to the prior year. This indicates that core operational metrics deteriorated, but statutory profit was bolstered by non-cash tax benefits.

Comprehensive Income

Other comprehensive income for the quarter surged to ₹12,513.75 lakh, up from ₹1,658.62 lakh in Q1FY25. This included items that will not be reclassified to profit and loss, amounting to ₹14,601.81 lakh, partially offset by an income tax effect of (₹2,088.06 lakh). Consequently, total comprehensive income reached ₹12,685.89 lakh, significantly higher than the ₹1,703.58 lakh reported in the previous year’s quarter.

Earnings per share (basic and diluted) stood at ₹68.86, compared to ₹17.98 in Q1FY25. The EPS figures are not annualised for the quarter ended June 30, 2026.

Shreenath Investment Company Limited has officially informed BSE Limited regarding a change in its Key Managerial Personnel. Ms. Radhika Daga has resigned from the post of Company Secretary and Compliance Officer, effective 07 May 2026. Consequently, the company has appointed Ms. Mamta Thanvi to the same position, also effective from the close of business hours on 07 May 2026. The intimation was submitted by Ashwin Jain, Director (DIN: 00173983), pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting to approve these changes commenced at 4:00 P.M. and concluded at 4:30 P.M.

Resignation of Ms. Radhika Daga

Ms. Radhika Daga tendered her resignation as Company Secretary and Compliance Officer (Key Managerial Personnel) with effect from the close of business hours on 07 May 2026. In her resignation letter addressed to the Board of Directors, she stated that she was stepping down to pursue career opportunities outside the company. She expressed her gratitude to the Board of Directors, CFO, Senior Management, and colleagues for their support during her tenure. The company confirmed that she is not related to any Director, KMP, or Promoter of the company.

Appointment of Ms. Mamta Thanvi

Following the resignation, Ms. Mamta Thanvi has been appointed as the new Company Secretary and Compliance Officer. She assumed office effective 07 May 2026. According to the regulatory disclosure, she is a qualified Company Secretary and holds a B.B.I degree. She brings a total of 7 years of experience to the role, with 3 years of relevant experience. Her appointment is subject to the standard terms of holding office until resignation or termination in accordance with applicable laws and company policies. The company disclosed that she is not related to any Director, KMP, or Promoter.

Regulatory Compliance

The disclosures regarding the resignation and appointment were provided to the stock exchange as Annexure A and Annexure B. These documents detail the reasons for the change and the brief profile of the appointee, ensuring full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was digitally signed by Ashwin Pukhraj Jain, Director, on 07 May 2026.