T Spiritual World narrows net loss to ₹16.87 lakh in FY26

2 min read     Updated on 28 May 2026, 02:15 PM
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Riya DScanX News Team
AI Summary

T Spiritual World Limited reported a narrowed net loss of ₹16.87 lakh for FY26, improved from ₹20.11 lakh in the previous year, supported by a rise in total income to ₹3.72 lakh. The Board approved the audited financial results on May 28, 2026, confirming an unmodified audit opinion and appointing M/s. Jain N K & Co. as internal auditor for FY27.

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T Spiritual World Limited narrowed its net loss to ₹16.87 lakh for the financial year ended March 31, 2026, compared to a loss of ₹20.11 lakh in the previous year. The company reported total income of ₹3.72 lakh for FY26, up from ₹0.72 lakh in FY25, while total expenses decreased marginally to ₹20.59 lakh from ₹20.83 lakh. The Board of Directors approved the standalone audited financial results for the fourth quarter and year ended March 31, 2026, at its meeting held on May 28, 2026.

For the fourth quarter ended March 31, 2026, the company reported a net loss of ₹3.66 lakh, a reversal from the profit of ₹0.50 lakh recorded in the quarter ended December 31, 2025. Total income for the quarter stood at ₹0.18 lakh, significantly lower than the ₹3.18 lakh reported in the preceding quarter. Total expenses for Q4FY26 were ₹3.84 lakh.

The company’s equity share capital remained unchanged at ₹2,000.20 lakh for the year ended March 31, 2026. Reserves excluding revaluation reserves stood at a negative ₹1,883.72 lakh, widening from the negative ₹1,866.85 lakh reported in the previous year. The earnings per share (EPS) for the year was a loss of ₹0.08, compared to a loss of ₹0.10 in FY25.

Financial Performance

The following table outlines the standalone audited financial results for T Spiritual World Limited for the year ended March 31, 2026:

Particulars Year Ended 31-03-2026 (₹ in Lakhs) Year Ended 31-03-2025 (₹ in Lakhs)
Total Income from Operations 3.72 0.72
Total Expenses 20.59 20.83
Profit/Loss before Tax (16.87) (20.11)
Net Profit/Loss after Tax (16.87) (20.11)

Assets and Liabilities

As of March 31, 2026, the company’s total assets stood at ₹133.91 lakh, a slight decrease from ₹135.13 lakh in the previous year. Non-current assets accounted for ₹130.92 lakh, while current assets were ₹2.99 lakh. The total equity and liabilities were ₹133.91 lakh, with total equity at ₹116.48 lakh and current liabilities at ₹17.43 lakh.

Auditor and Board Appointments

The statutory auditors, M/s. Mohindra Arora & Co., issued an audit report with an unmodified opinion on the standalone financial results. Additionally, the Board appointed M/s. Jain N K & Co., Chartered Accountants, as the internal auditor for the financial year 2026-2027 pursuant to Section 138 of the Companies Act, 2013. The company confirmed that it has no outstanding defaults on loans and debt securities as of March 31, 2026.

Historical Stock Returns for T Spiritual World

1 Day5 Days1 Month6 Months1 Year5 Years
-4.62%-6.77%-35.75%-33.33%-42.06%+148.00%

What strategic initiatives will T Spiritual World Limited implement to sustain the year-over-year income growth and address the decline in Q4 revenue?

Given the widening negative reserves, does the company have a specific timeline or plan to achieve profitability and shore up its equity base?

How does the company plan to utilize its substantial non-current assets to generate operational cash flow and reduce reliance on equity capital?

T. Spiritual World board to meet on May 28 to consider Q4 results

1 min read     Updated on 19 May 2026, 06:21 PM
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T. Spiritual World Limited will hold a board meeting on May 28, 2026, to consider the standalone audited financial results for Q4 and FY26. The board will also consider the appointment of an internal auditor for FY27. The trading window for designated persons is closed from April 1 to May 30, 2026.

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t spiritual world has scheduled a meeting of its Board of Directors for Thursday, May 28, 2026. The meeting will be held at 11:30 A.M. at the company's Registered Office to discuss key agenda items pertaining to the financial performance and internal governance for the upcoming fiscal year.

Agenda for the Board Meeting

The primary focus of the meeting is to consider and approve the standalone audited financial results. This includes the results for the fourth quarter and the financial year ended March 31, 2026, accompanied by the Limited Review Report from the Statutory Auditors.

In addition to the financial results, the board will deliberate on the appointment of an internal auditor for F.Y. 2026-2027. The meeting also includes a provision to discuss any other matters with the permission of the Chairman.

Trading Window Closure

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has notified the exchanges regarding the trading window closure. The trading window for all Promoters, Promoter group members, Directors, Key Managerial Personnel (KMPs), Designated Persons, Employees, Connected Persons, and their relatives has been closed since April 1, 2026. This closure will remain in effect until May 30, 2026 (both days inclusive).

The meeting intimation was addressed to the Corporate Relationship Department of BSE Limited and the Secretary of The Calcutta Stock Exchange Limited to ensure compliance with regulatory disclosure requirements.

Historical Stock Returns for T Spiritual World

1 Day5 Days1 Month6 Months1 Year5 Years
-4.62%-6.77%-35.75%-33.33%-42.06%+148.00%

How did T Spiritual World's revenue and profitability metrics for FY2026 compare to the previous fiscal year, and what growth trajectory can investors expect for FY2027?

What criteria will the board use to select the new internal auditor for FY2026-2027, and could this appointment signal any changes in the company's internal control framework?

Following the trading window reopening on May 31, 2026, will insider buying or selling activity provide any signals about management's confidence in the company's financial outlook?

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1 Year Returns:-42.06%