Sagar Systech Limited disclosed its unaudited standalone financial results for the quarter ended June 30, 2026, pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors meeting was held on Wednesday, August 5, 2026, commencing at 1:30 PM and concluding at 2:00 PM. The board approved the unaudited financial results along with the Limited Review Report issued by the statutory auditors, M/s. Shah, Shah & Shah, Chartered Accountants.
Financial Performance (Quarter Ended June 30, 2026)
Income Statement (₹ in Lakhs):
- Income from operations: (14.43) - negative performance compared to ₹5.62 lakh in previous quarter and ₹15.91 lakh in year-ago quarter
- Other income: ₹0.34 lakh compared to ₹1.27 lakh in previous quarter and ₹0.80 lakh in year-ago quarter
- Total income: (14.09) - negative performance compared to ₹6.89 lakh in previous quarter and ₹16.71 lakh in year-ago quarter
Expenses (₹ in Lakhs):
- Employee cost: ₹8.19 lakh (increased from ₹7.48 lakh previous quarter and ₹5.52 lakh year-ago)
- Listing fees: ₹0.81 lakh (decreased from ₹0.96 lakh previous and year-ago quarters)
- Professional fees: ₹0.05 lakh (decreased from ₹0.17 lakh previous quarter and ₹0.14 lakh year-ago)
- Finance expenses: ₹5.18 lakh (increased from ₹4.34 lakh previous quarter, decreased from ₹5.86 lakh year-ago)
- Other expenses: ₹1.33 lakh (increased from ₹0.58 lakh previous quarter, decreased from ₹5.02 lakh year-ago)
- Total expenses: ₹15.79 lakh (increased from ₹14.28 lakh previous quarter and ₹13.06 lakh year-ago)
Profit/Loss:
- Loss before exceptional items and tax: (29.88) lakh compared to (7.39) lakh previous quarter and profit of ₹3.65 lakh year-ago
- Loss before tax: (29.88) lakh compared to (7.39) lakh previous quarter and profit of ₹3.65 lakh year-ago
Tax Expenses:
- Current tax: ₹1.39 lakh (compared to (0.81) lakh previous quarter and (0.01) lakh year-ago)
- Deferred tax: ₹0.09 lakh (compared to ₹0.17 lakh previous quarter)
Net Result:
- Net loss after tax: (29.79) lakh compared to (5.83) lakh previous quarter and net profit of ₹3.64 lakh year-ago
Other Comprehensive Income (₹ in Lakhs):
- Items that will not be reclassified to Profit & Loss: (130.76)
- Income tax relating to items that will not be reclassified: (12.78)
- Items that will be reclassified to Profit & Loss: 76.59
- Total other comprehensive income/(loss): (112.06)
Total Comprehensive Income:
- Total comprehensive income after taxes: (117.89) lakh loss
Capital Structure:
- Paid up equity share capital (face value ₹10): ₹32.00 lakh (unchanged)
- Reserves excluding revaluation reserve (as per last audited accounts): ₹63.87 lakh
Earnings Per Share:
- Basic/diluted EPS: (9.31) compared to (1.82) previous quarter and ₹1.14 year-ago
Notes to Financial Results
1. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 5, 2026
2. The statutory auditors expressed an unqualified audit opinion through their limited review report
3. Financial statements are prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013
4. The company adopted Ind AS from April 1, 2017, with transition date of April 1, 2016
5. Previous year/period figures have been re-grouped wherever necessary
The statutory auditors, Shah, Shah & Shah, issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI.
The document was submitted with Unique Document Identification Number (UDIN): 26049361IDUHPI7426