Suraj Products Limited reported a 12.1% decline in standalone net profit to ₹1,884.79 lakh for the financial year ended March 31, 2026, compared to ₹2,143.39 lakh in the previous year, as revenue from operations decreased to ₹30,378.67 lakh. The company’s Board of Directors, which met on May 26, 2026, approved the audited financial results and recommended a final dividend of ₹2.25 per equity share of ₹10 each for FY26, subject to shareholder approval at the Annual General Meeting. The statutory auditors, M/S GARV & Associates, issued an unmodified audit report for both standalone and consolidated results.

The standalone total revenue for FY26 stood at ₹30,500.39 lakh, a decrease from ₹32,690.27 lakh in FY25. Total expenses for the year reduced to ₹28,070.91 lakh from ₹29,928.19 lakh in the previous year. For the quarter ended March 31, 2026, the company recorded a standalone net profit of ₹701.42 lakh on revenue from operations of ₹9,889.72 lakh. Basic earnings per share (EPS) for the year stood at ₹16.53, down from ₹18.80 in the prior year.

On a consolidated basis, net profit for FY26 fell to ₹1,871.74 lakh from ₹2,143.39 lakh in the previous year. Consolidated revenue from operations for the year was ₹30,378.67 lakh. The company’s subsidiary, Suraj Iron & Steel Manufacturers -L.L.C.-S.P.C., has not commenced operations and did not generate revenue during the financial year. The statutory auditors, M/S GARV & Associates, issued an unmodified audit report for both standalone and consolidated results.

The company’s assets and liabilities reflected a shift in financial structure. Total standalone assets as of March 31, 2026, were ₹18,683.72 lakh, with total equity and liabilities matching this figure. Cash and cash equivalents decreased to ₹549.34 lakh at the end of FY26 from ₹1,449.19 lakh a year earlier. The finance costs for the year reduced significantly to ₹99.04 lakh compared to ₹226.01 lakh in FY25.

Standalone Financial Results for FY26

Consolidated Financial Results for FY26

Suraj Products Limited has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for Tuesday, May 26, 2026. The intimation, dated May 18, 2026, has been filed pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to transact the following key business items:

• Audited Financial Results: To consider and approve the audited financial results of the company for the quarter and year ended March 31, 2026.
• Final Dividend: To consider the proposal to recommend a final dividend for the Financial Year 2025-26, if any.
• Other Business: Any other item, if any, with the permission of the Chair.

The following table summarises the key details of the scheduled board meeting:

Trading Window Closure

In accordance with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's own Code of Conduct for Prohibition of Insider Trading, the trading window for dealing in the securities of Suraj Products has been closed for designated persons, including their immediate relatives, effective April 1, 2026. The trading window will remain closed until 48 hours after the publication of the financial results. Designated persons are not permitted to trade in the company's securities during this period.

Post-Meeting Disclosures

Suraj Products Limited has stated that the audited financial results, along with the audit report by the statutory auditor, will be submitted to the stock exchanges upon the conclusion of the board meeting. The company's Company Secretary and Compliance Officer, A.N. Khatua (Membership No. ACS21776), has signed and filed the intimation on behalf of Suraj Products Limited.