Sunil Industries Limited reported an 18% increase in net profit to ₹460.09 lakh for the financial year ended March 31, 2026, compared to ₹390.09 lakh in the previous year. Revenue from operations surged to ₹22,604.18 lakh for FY26, a significant rise from ₹17,184.35 lakh in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026.

The company’s profit for the quarter ended March 31, 2026, stood at ₹58.11 lakh, while revenue from operations for the quarter was ₹5,984.58 lakh. The board also approved the appointment of M/s. Chetan Jain & Associates, Chartered Accountants, as Internal Auditors for FY 2026-2027. Additionally, the board noted the cessation of Ms. Shruti Saraf as an Independent Director effective May 26, 2026, upon completion of her term.

Financial Performance Summary

The statutory auditors, M/s. V. K. Beswal & Associates, issued an unmodified opinion on the audited financial results. The company’s total assets stood at ₹14,210.78 lakh as of March 31, 2026, compared to ₹12,877.30 lakh in the previous year. The trading window for dealing in the company's securities remains closed until 48 hours after the declaration of the results.

Sunil Industries Limited announced that Independent Director Ms. Shruti Ritesh Saraf ceased to be a director of the company effective from the close of business hours on May 26, 2026. The cessation follows the completion of her second term of office as an Independent Director, in accordance with Section 149(11) of the Companies Act, 2013 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company disclosed the development in a regulatory filing submitted to BSE Limited. The notification confirmed that the director's tenure concluded upon the expiry of the term on the specified date. Ms. Shruti Ritesh Saraf held the DIN 07521927.

The board expressed gratitude for the valuable contributions made by Ms. Shruti Ritesh Saraf during her tenure and wished her success for future endeavors. The filing included the requisite details regarding the change in directorship as mandated by Schedule III - Para A of Part A of the SEBI Listing Regulations.

The following table outlines the key details of the cessation:

Sunil Industries Limited, an ISO 9001 & 14001 certified company, is headquartered at Rewa Chambers, New Marine Lines, Mumbai. The company's scrip code on BSE is 521232.