Sibar Auto Parts Limited reported a widened net loss of ₹159.09 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹67.92 lakh in the previous year. Revenue from operations for FY26 rose to ₹2,714.45 lakh from ₹2,235.11 lakh in FY25. The Board of Directors approved the audited standalone financial results for the fourth quarter and financial year ended March 31, 2026, during a meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹123.79 lakh, a significant increase from the net loss of ₹33.73 lakh in the corresponding quarter of the previous year. Revenue for the quarter stood at ₹664.73 lakh, up from ₹595.30 lakh in Q4FY25. Total expenses for the quarter increased to ₹787.67 lakh from ₹583.46 lakh in the prior year quarter, primarily driven by higher costs of materials consumed and employee benefit expenses.

Financial Performance

The company's financial statements for FY26 reflect a decline in profitability despite top-line growth. Key metrics for the period include:

The Board also approved the Statement of Assets and Liabilities as of March 31, 2026, and the Cash Flow Statements for the year ended on that date. The company's total assets stood at ₹2,148.59 lakh as of March 31, 2026, slightly lower than ₹2,249.87 lakh in the previous year. Cash and cash equivalents improved to ₹4.00 lakh from ₹2.12 lakh at the end of FY25.

Auditor's Report

The statutory auditors, Chunduru & Co., issued an unmodified opinion on the audited standalone financial results. The report confirms that the results give a true and fair view in conformity with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013. The declaration regarding the unmodified opinion was submitted in compliance with Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sibar Auto Parts Limited has announced that its board of directors will meet on Thursday, May 28, 2026. The meeting is convened to consider and approve the audited financial results for the fourth quarter and the financial year ended March 31, 2026.

The board meeting will be held at D4 & D5, Industrial Estate, Renigunta Road, Tirupati, Andhra Pradesh. The intimation was sent to the stock exchanges in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda item for the upcoming board meeting is the consideration and approval of the company's financial performance for the specified periods.

The decision regarding the financial results will be intimated to the exchanges following the conclusion of the meeting.