Shri Venkatesh Refineries Limited reported a 111.4% year-on-year increase in net profit to ₹3,820.25 lakh for the financial year ended March 31, 2026, driven by a significant surge in revenue. The board of directors recommended a final dividend of ₹1 per share for the fiscal year, subject to shareholder approval at the upcoming annual general meeting.

The company's revenue from operations for FY26 stood at ₹137,757.38 lakh, a substantial increase from ₹70,164.21 lakh in the previous year. For the fourth quarter, revenue from operations was recorded at ₹82,170.71 lakh. The board approved the audited standalone financial results for both the quarter and the full year during a meeting held on May 30, 2026.

Financial Performance

The profit for the year rose from ₹1,807.87 lakh in FY25 to ₹3,820.25 lakh in FY26. Basic earnings per share (EPS) increased to ₹17.27 from ₹8.17 in the corresponding previous year. Total expenses for the year amounted to ₹132,647.02 lakh, up from ₹67,793.19 lakh in the prior year, primarily due to higher costs of materials consumed and purchases of stock in trade.

Dividend and Approvals

In addition to the financial results, the board approved related party transactions for the financial year 2026-27. The recommended dividend of ₹1 per share will require approval from the members in the Annual General Meeting. The statutory auditors, M/s Joshi & Shah Chartered Accountants, issued an unmodified opinion on the audited financial results.

The company's assets and liabilities statement as of March 31, 2026, showed total assets of ₹58,679.78 lakh, compared to ₹33,382.41 lakh in the previous year. Reserves and surplus increased to ₹10,936.08 lakh from ₹7,337.01 lakh. The filing was made to the Bombay Stock Exchange under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shri Venkatesh Refineries Limited has announced that its board of directors will convene to consider the audited financial results for the quarter and financial year ended March 31, 2026. The company has informed the Bombay Stock Exchange about this development through an official intimation.

Trading Window Closure Details

In compliance with SEBI (Prevention of Insider Trading) Regulations, 2015, the company has declared a trading window closure effective from April 1, 2026. The closure will remain in effect until 48 hours after the conclusion of the board meeting.

Board Meeting Announcement

The board meeting has been scheduled specifically to review and approve the audited financial results for the concluded financial year. The company stated that the exact date of the board meeting will be communicated to the stock exchange in due course.

Regulatory Compliance

The trading window restrictions are being implemented as per the company's Code of Conduct and apply to all individuals defined under the insider trading regulations. This includes directors, promoters, designated persons, all connected persons and their immediate relatives.

The communication was signed by Prasad Dinesh Kabre, Whole Time Director (DIN 06646431), and has been submitted to BSE for record and website dissemination. The company operates under BSE code 543373 and is headquartered in Erandol, Jalgaon, Maharashtra.