Sonam Limited reported a 127% year-on-year increase in net profit to ₹300.15 lakh for the quarter ended June 30, 2026, driven by strong operational performance. Revenue from operations surged 76% to ₹6,656.96 lakh compared to ₹3,789.98 lakh in the corresponding period of the previous year. The company’s earnings per share (EPS) improved to ₹0.75 from ₹0.33 in the same quarter last year.

The unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 15, 2026. D.V. Bakrania & Associates, Chartered Accountants, conducted the limited review of the financial results for the quarter. The statutory auditors confirmed that the results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Total expenses for the quarter increased to ₹6,215.78 lakh from ₹3,602.32 lakh in Q1FY26, largely due to higher purchases of stock-in-trade and cost of materials consumed. Despite the rise in expenses, profit from ordinary activities before tax grew significantly to ₹404.53 lakh from ₹178.38 lakh in the prior year. Total comprehensive income for the period stood at ₹436.05 lakh.

Financial Performance

The company reported no outstanding defaults on loans and debt securities during the quarter. Investor complaints pending at the start, received, disposed of, and pending at the end of the quarter were nil. Sonam Limited operates primarily in a single business segment focused on the manufacturing and sale of horological items, clocks, clock movements, and related items within India.

Sonam Limited reported a 15.6% rise in net profit to ₹732.24 crore for the financial year ended March 31, 2026, compared to ₹633.27 crore in the previous year. Revenue from operations surged 64.3% to ₹17,099.36 crore from ₹10,413.89 crore in FY25, primarily led by a significant increase in net sales. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at its meeting held on May 29, 2026.

The statutory auditor, M/s. D V Bakrania & Associates, issued an audit report with an unmodified opinion for the period. For the quarter ended March 31, 2026, net profit stood at ₹289.59 crore, while revenue from operations reached ₹6,365.22 crore. The company’s total comprehensive income for the year increased to ₹848.22 crore from ₹633.27 crore in the prior year.

Board Approvals and Appointments

The board approved the re-appointment of Mrs. Deepa Jayeshbhai Shah as director, liable to retire by rotation, subject to shareholder approval at the Annual General Meeting (AGM). Additionally, the board confirmed the appointment of Mrs. Tanishka Anilbhai Dhamejani and Mr. Suresh Somnath Dave as Non-Executive Independent Directors, also subject to shareholder approval. M/s. Dipesh Bhoot & Co. was appointed as the internal auditor for FY27.

Financial Highlights

The company’s earnings per share (EPS) for the year increased to ₹1.83 from ₹1.58 in the previous year. Total expenses for FY26 rose to ₹15,939.52 crore from ₹9,474.51 crore in FY25, largely due to increased purchases of stock-in-trade, which amounted to ₹11,045.16 crore. The finance costs for the year were ₹208.42 crore, slightly higher than the ₹207.45 crore recorded in the previous year.

The board fixed June 18, 2026, as the record date to determine shareholder eligibility for voting at the 25th AGM, scheduled for June 25, 2026. The register of members and share transfer books will remain closed from June 19, 2026, to June 25, 2026.