SunGarner Energies Limited reported a consolidated net profit of ₹382.77 lakh for the year ended March 31, 2026, marking a substantial increase from ₹165.61 lakh in the previous year. Revenue from operations rose to ₹7,422.55 lakh for FY26, compared to ₹3,349.07 lakh in FY25, driven by the manufacturing and engineering of power equipment and solar solutions. The Board of Directors approved the audited financial results for the standalone and consolidated entities at a meeting held on May 26, 2026.

The company’s total income for the consolidated financial year stood at ₹7,433.84 lakh, up from ₹3,364.07 lakh in the prior year. Expenses for the period totaled ₹6,872.77 lakh, an increase from ₹3,132.07 lakh in FY25. The profit before tax for the year was ₹661.07 lakh, compared to ₹232.00 lakh in the previous year. Basic and diluted earnings per share (EPS) improved to ₹16.51 from ₹7.14 in the corresponding period last year.

On a standalone basis, SunGarner Energies recorded a net profit of ₹474.94 lakh for FY26, up from ₹134.47 lakh in FY25. Revenue from operations for the standalone entity increased to ₹7,188.34 lakh from ₹2,786.33 lakh in the previous year. Total standalone expenses rose to ₹6,635.45 lakh from ₹2,610.69 lakh. The standalone EPS for the year was ₹20.48, compared to ₹5.80 in the prior year.

The consolidated financial results include the performance of five subsidiaries and step-down subsidiaries, such as Seltrik Electric India Private Limited and Sungarner Green Asset Private Limited. The statutory auditors, Kapish Jain & Associates, issued an unmodified opinion on the annual audited financial results for both standalone and consolidated entities. The auditors noted that the results give a true and fair view of the company's financial position in conformity with applicable accounting standards.

The company’s balance sheet reflects a growth in total consolidated assets to ₹7,136.77 lakh as of March 31, 2026, from ₹4,016.57 lakh in the previous year. Shareholders' equity increased to ₹1,506.51 lakh from ₹1,123.74 lakh. The company accounted for incremental liabilities related to the new Labour Codes effective from November 21, 2025, to the extent ascertainable in the financial statements.

Consolidated Financial Results for FY26

Standalone Financial Results for FY26

SunGarner Energies Limited has appointed M/s Kumar Abhay & Associates as its Internal Auditor for the financial year 2025-2026. The decision was taken by the Board of Directors at a meeting held on May 18, 2026, at the company's Registered Office in New Delhi. The appointment is pursuant to Section 138 of the Companies Act, 2013.

Appointment Details

The newly appointed firm, M/s Kumar Abhay & Associates, is a firm of Chartered Accountants. The company stated that the firm possesses rich experience in auditing, financial analysis, and risk management. Their expertise includes a deep understanding of regulatory frameworks and industry standards, which will aid in assessing internal controls and identifying operational risks.

The Board meeting commenced at 5:00 P.M. and concluded at 5:30 P.M. The disclosure regarding this appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Information