Sunrise Industrial Traders Limited reported a significant surge in profit for the quarter ended June 30, 2026, driven by exceptional items and robust dividend income. The company’s profit for the period stood at ₹73.57 lakh, marking a substantial increase compared to ₹39.44 lakh in the corresponding quarter of the previous year. Total revenue from operations grew to ₹136.65 lakh from ₹113.53 lakh in Q1FY25.

The Board of Directors approved the unaudited standalone financial results for Q1FY26 at a meeting held on July 20, 2026. The meeting was convened pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee prior to the Board's approval.

Financial Performance

The company’s revenue stream was bolstered by dividend income, which climbed to ₹67.47 lakh from ₹33.16 lakh in the prior year quarter. Interest income also saw a marginal increase to ₹53.04 lakh from ₹52.71 lakh. However, the company recorded a net gain on fair value changes of ₹6.39 lakh, a decline from the ₹23.22 lakh reported in the same period last year.

Total expenses for the quarter increased to ₹55.85 lakh, up from ₹49.84 lakh in Q1FY25. Employee benefits expenses accounted for ₹37.05 lakh, while depreciation and amortization charges stood at ₹13.02 lakh.

Exceptional Items and Taxation

The financial results included an exceptional item of ₹19.92 lakh. This amount relates to the recovery of investments in bonds from IL&FS Transportation Network Ltd, which had been previously written off in 2020. The company received ₹12.58 lakh on 24 bonds and ₹7.34 lakh on 14 bonds during the year.

Before tax, the company reported a profit of ₹100.72 lakh. The tax expense for the quarter amounted to ₹27.11 lakh, which included a current tax of ₹27.11 lakh and a tax relating to earlier years of ₹0.04 lakh.

Comprehensive Income and Earnings

Total comprehensive income for the period surged to ₹2,270.26 lakh, significantly higher than the ₹1,454.85 lakh reported in Q1FY25. This increase was primarily due to changes in the fair valuation of equity instruments, which recorded a gain of ₹2,169.35 lakh during the quarter.

Earnings per equity share (basic and diluted) for the quarter rose to ₹14.74, compared to ₹7.90 in the corresponding quarter of the previous year. The paid-up equity share capital remained constant at ₹49.90 lakh.

The limited review of the unaudited financial results was conducted by A N Shah & Associates, Chartered Accountants. The firm confirmed that the results are presented in accordance with Regulation 33 of the SEBI LODR Regulations and give a true and fair view of the company's financial performance.

Sunrise Industrial Traders Limited reported a profit of ₹73.57 lakh for the quarter ended June 30, 2026, a sharp increase compared to the ₹16.14 lakh recorded in the quarter ended March 31, 2026. Total revenue from operations rose to ₹136.65 lakh from ₹83.69 lakh in the previous quarter, driven by dividend income and an exceptional recovery of written-off bonds. The company, a Non-Systematically Important Non-Banking Financial Company, does not have separate reporting segments as it is primarily engaged in investment activities.

The financial results were reviewed by the Audit Committee on July 20, 2026. The company reported an exceptional item of ₹19.92 lakh during the quarter, representing the recovery of investments in bonds from IL&FS Transportation Network Ltd that were previously written off in 2020. This recovery significantly contributed to the profit before tax, which stood at ₹100.72 lakh for the period.

Total expenses for the quarter decreased to ₹55.85 lakh from ₹57.72 lakh in the prior quarter. Employee benefits expenses were recorded at ₹37.05 lakh, while depreciation and amortization costs stood at ₹13.02 lakh. The tax expense for the quarter amounted to ₹27.15 lakh, inclusive of current tax and tax relating to earlier years.

The company reported a Total Comprehensive Income of ₹2,270.26 lakh for the quarter, largely influenced by changes in the fair valuation of equity instruments amounting to ₹2,169.35 lakh. Earnings per equity share (basic and diluted) for the quarter were ₹14.74, compared to ₹3.24 in the preceding quarter.

A N Shah & Associates, Chartered Accountants, reviewed the unaudited financial results. The review report confirmed that the results are presented in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and provide a true and fair view of the company's financial performance for the quarter.

Standalone Financial Results (₹ in Lakhs)