Sumeru Industries Limited reported a net profit of ₹7.25 lakh for the financial year ended March 31, 2026, a decline of 22.5% from ₹9.36 lakh in the previous year. The company’s total income fell to ₹33.25 lakh in FY26 from ₹43.22 lakh in FY25, consisting solely of other income such as dividends and interest, as there was no revenue from operations during the year.

The company’s total expenditure for the year amounted to ₹28.00 lakh, compared to ₹32.04 lakh in the preceding year. Administrative expenses were recorded at ₹7.80 lakh, while depreciation and amortisation costs stood at ₹4.90 lakh. The tax expense for the period was a negative ₹2.00 lakh, representing a reversal of unutilisable MAT credit entitlement. Consequently, the balance carried to the next year increased to ₹331.19 lakh from ₹323.94 lakh in the previous year.

Financial Performance

The financial results indicate a year with no business operations, as the company did not undertake any operational activities. The income generated was entirely from investments, including mutual funds and bonds. The company’s paid-up equity share capital remained constant at ₹7.20 crore, divided into 7.20 crore fully paid-up equity shares of ₹1 each.

Corporate Governance and Approvals

The Board of Directors has not recommended any dividend for the financial year due to business needs. The company stated that it has not borrowed any loans from banks during the year under review. Furthermore, the company does not have any subsidiaries, joint ventures, or associate companies.

The statutory auditors, M/s Nitin K. Shah & Co., reported that no fraud was detected during the financial year. The auditors also confirmed that the company has not declared or paid any dividend during the year, making reporting for compliance with Section 123 of the Companies Act, 2013 inapplicable. The internal financial controls over financial reporting were found to be adequate and operating effectively.

Sumeru Industries Limited will see its investment in AAPLS Infraspace LLP extinguished as the entity initiates the process of striking off its name from the Registrar's records. The company holds an investment of ₹1900 in the LLP, representing 19% of its capital contribution. This development follows the LLP's decision to cease business activities and pursue deregistration under the Limited Liability Partnership Act, 2008.

The LLP has not been conducting any business operations and has moved to strike off its name in accordance with the applicable provisions of the Limited Liability Partnership Act, 2008 and the rules made thereunder. Upon the completion of this strike-off process, the investment held by Sumeru Industries in the LLP will be extinguished. The company stated that appropriate accounting treatment will be carried out in accordance with applicable accounting standards to reflect this change.

Sumeru Industries clarified that this event is not expected to have any material impact on the operations or financial position of the company. The intimation was submitted to the Bombay Stock Exchange Limited on June 27, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Details

The filing was signed by Nidhi K. Shah, Company Secretary & Compliance Officer of Sumeru Industries Limited, on behalf of the board.