Shree Securities Limited announced the approval of its unaudited financial results for the first, second, and third quarters of FY26 during a board meeting held on March 10, 2026. The meeting addressed regulatory compliance issues that had resulted in delayed financial reporting to stock exchanges and demonstrated the company's remarkable financial recovery across all quarters.

Board Meeting and Regulatory Compliance

The board meeting was conducted at the company's registered office in Howrah, West Bengal, from 5:00 PM to 5:30 PM on March 10, 2026. The board approved unaudited financial results for all three quarters of FY26, along with limited review reports issued by the statutory auditor R. K. Kankaria & Co.

The company disclosed significant regulatory compliance challenges that resulted in delayed financial reporting. Shree Securities had not filed unaudited financial results for the quarters ended June 30, 2025, September 30, 2025, and December 31, 2025, as required under SEBI regulations.

Financial Performance Overview

The company's financial performance showed exceptional improvement across all quarters, with Q3 FY26 delivering the strongest results:

The company achieved its best quarterly performance in Q3 FY26 with zero operational expenses, resulting in the entire revenue converting to profit. This represents a remarkable turnaround from the Q1 FY26 loss of ₹0.12 lac.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company reported strong consolidated performance:

Despite higher expenses in the nine-month period, primarily due to Q1 FY26 compliance costs, the company maintained healthy profitability levels.

Expense Management and Cost Control

The company demonstrated exceptional expense management in Q3 FY26 with zero operational expenses, compared to significant costs in earlier quarters. The Q1 FY26 expenses of ₹15.95 lac were primarily driven by:

• Depository Expenses: ₹9.95 lac
• Listing Fees: ₹3.84 lac
• Employee Benefit Expenses: ₹0.54 lac
• Transfer Agent Fees: ₹0.36 lac
• Other Expenses: ₹1.27 lac

The progressive reduction in expenses from Q1 to Q3 FY26 highlights management's effective cost optimization strategies.

Auditor's Assessment and Regulatory Matters

The statutory auditor R. K. Kankaria & Co. highlighted the regulatory non-compliance issue in an emphasis of matter paragraph. The management has evaluated this matter under Ind AS 37 and disclosed the estimated penalty of ₹19.88 lac as a contingent liability, since the final penalty amount will be determined by stock exchanges and may be subject to representation or waiver requests.

The company maintains a paid-up equity share capital of ₹7,980.00 lac with a face value of ₹1.00 per share. Management has indicated it is taking necessary steps to regularize pending compliances and ensure future adherence to regulatory requirements.