Surat trade & mercantile Limited has announced a Board of Directors meeting scheduled for February 14, 2026, to review and approve the company's quarterly financial performance. The meeting will focus on considering the unaudited financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The company has formally notified the BSE Limited about the upcoming board meeting in compliance with regulatory requirements. The meeting agenda includes consideration and approval of financial results for specific reporting periods.

Trading Window Restrictions

Surat Trade and Mercantile Limited has implemented trading window restrictions in accordance with insider trading regulations. The company has established specific timelines for the closure period to ensure compliance with securities regulations.

Regulatory Compliance

The notification has been submitted pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains adherence to its Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons and their Immediate Relatives.

The formal communication was signed by Mahek Gaurav Jaju, Company Secretary and Compliance Officer, and submitted to BSE Limited on February 6, 2026. The company, formerly known as Surat Textile Mills Limited, trades under scrip code 530185 on the BSE.

Surat Trade & Mercantile Limited (STML), formerly known as Surat Textile Mills Limited, has announced its unaudited financial results for the second quarter and first half of the fiscal year 2026. The company, which operates in commodity trading and related activities, reported a significant change in its quarterly profit while maintaining a steady income stream.

Key Financial Highlights

All figures in lakhs

Quarterly Performance Analysis

STML experienced a substantial decrease in its quarterly profit, reporting ₹26.95 lakh for Q2 FY2026 compared to ₹404.74 lakh in the previous quarter. This represents a significant decline of approximately 93.3% quarter-over-quarter. Despite this drop in profit, the company maintained a total income of ₹2,084.30 lakh for the quarter, with expenses totaling ₹2,057.35 lakh.

Half-Yearly Results

For the first half of FY2026, STML reported a profit of ₹890.59 lakh, showing a slight decrease from ₹965.01 lakh in the corresponding period of the previous fiscal year. This indicates a year-on-year decline of about 7.7% in half-yearly profits.

Corporate Governance and Compliance

The Board of Directors of Surat Trade & Mercantile Limited approved these financial results at their meeting held on November 13, 2025. In compliance with regulatory requirements, the company has announced that the trading window for its securities will remain closed for 48 hours following this announcement, ensuring fair trading practices.

Company Overview

Surat Trade & Mercantile Limited operates as a single business segment focused on commodity trading and related activities. The company continues to adapt to market conditions while maintaining its core business operations.

As STML navigates through the fiscal year 2026, stakeholders will be keen to observe how the company addresses the challenges reflected in its Q2 results and strategies it may employ to improve profitability in the coming quarters.