Sunrise Industrial Traders profit rises 356% in Q1FY27
Sunrise Industrial Traders Limited reported a significant surge in profit for the quarter ended June 30, 2026, reaching ₹73.57 lakh, a 356% increase from the previous quarter. This growth was fueled by a ₹19.92 lakh recovery of written-off bonds from IL&FS Transportation Network Ltd and higher dividend income, which pushed total revenue to ₹136.65 lakh. The company's Total Comprehensive Income for the quarter was ₹2,270.26 lakh, largely due to fair valuation changes in equity instruments.

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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)
| Particulars | Quarter ended 30-06-2026 (Unaudited) | Quarter ended 31-03-2026 (Audited) | Year ended 31-03-2026 (Audited) |
|---|---|---|---|
| Total Revenue from operations | 136.65 | 83.69 | 492.77 |
| Total Expenses | 55.85 | 57.72 | 200.17 |
| Profit before tax | 100.72 | 25.97 | 292.60 |
| Net Profit / (Loss) for the period | 73.57 | 16.14 | 224.93 |
| Total Comprehensive Income | 2,270.26 | (2,264.63) | (448.66) |
| Basic/Diluted Earnings per share (Rs.) | 14.74 | 3.24 | 45.08 |
Historical Stock Returns for Sunrise Industrial Trader
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +15.56% |
How sustainable is the current revenue growth given the reliance on exceptional items like the recovery of written-off bonds?
What impact will the significant changes in the fair valuation of equity instruments have on future earnings volatility?
Are there additional recoveries expected from other written-off investments similar to the IL&FS bonds?
































