silgo retail reported a 27.2% increase in consolidated net profit to ₹569.72 lakh for the financial year ended March 31, 2026, compared to ₹447.77 lakh in the previous year. Revenue from operations for FY26 rose to ₹4,708.64 lakh from ₹4,439.54 lakh in FY25. The company’s Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026.

For the quarter ended March 31, 2026, the company recorded a consolidated net profit of ₹189.73 lakh, an increase from ₹173.59 lakh in the same period last year. Revenue from operations for the quarter stood at ₹1,341.09 lakh, lower than ₹1,654.57 lakh in the corresponding quarter of the previous year. Total income for the quarter was ₹1,341.09 lakh.

Financial Performance

The company’s profit before tax for FY26 stood at ₹805.20 lakh, up from ₹606.64 lakh in the prior year. Finance costs for the year rose significantly to ₹79.32 lakh compared to ₹17.50 lakh in FY25. Earnings per share (basic) for the year increased to ₹2.37 from ₹2.36 in the previous year.

Capital Structure and Fundraising

During the quarter, Silgo Retail allotted 73,81,359 partly paid-up equity shares of face value ₹10 each at an issue price of ₹60 per share on a rights basis. The allotment was made in the ratio of 3 rights equity shares for every 10 fully paid-up equity shares held on February 13, 2026. The aggregate issue size amounted to ₹44.29 crore, with the company receiving ₹22.14 crore as application money. The balance amount of ₹30 per share is receivable on subsequent calls as determined by the Board.

Auditor’s Opinion

The results are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditor noted that the company does not have any reportable segments as per the quantitative thresholds prescribed under Ind AS 108.

At its board meeting held on May 13, 2026, silgo retail Limited announced two significant corporate decisions: the extension of an Inter-Corporate Deposit and the confirmation of conversion of partly paid-up equity shares into fully paid-up equity shares. The meeting commenced at 12:30 p.m. and concluded at 01:15 p.m., with the disclosures made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Inter-Corporate Deposit Extension

The board considered and approved the extension of the tenure of an Inter-Corporate Deposit (ICD) availed by the company from Ashika Credit Capital Limited. The key details of the ICD extension are as follows:

The board also approved the execution of necessary addendum(s), amendment agreement(s), and/or other ancillary documents in connection with the extension. Appropriate officials of the company have been authorised to finalise and execute the same on behalf of the company. All other terms and conditions of the Inter-Corporate Deposit Agreement dated February 07, 2026, shall continue to remain in force unless specifically modified by the parties.

Conversion of Partly Paid-Up Equity Shares

The board noted and confirmed the receipt of the First and Final Call Money in respect of partly paid-up equity shares issued on a rights basis. This follows the company's earlier communication dated March 27, 2026, which had intimated the making of the First and Final Call. The relevant details are outlined below:

The board has authorised the merging of the 73,04,331 shares—for which full First and Final Call Money has been received—with the existing fully paid-up equity shares of the company under ISIN INE01II01013. This conversion is subject to the completion of necessary corporate actions and receipt of listing and trading approvals from the relevant authorities.

Regulatory Compliance

The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The outcome was communicated to the National Stock Exchange of India Limited. The board meeting decisions were signed off by Nitin Jain, Managing Director (DIN: 00935911), on behalf of Silgo Retail Limited.