Saraswati Commercial Q1 Net Profit Jumps ₹6,356 Lakh

Board Meeting Details

The Board of Directors meeting was held on Wednesday, 12th August 2026. The meeting commenced at 04:15 p.m. and concluded at 5:30 p.m.

Key Decisions Approved

1. Financial Results Approval

The Board approved:

Un-Audited Standalone Financial Results for the quarter ended 30th June, 2026
Un-Audited Consolidated Financial Results for the quarter ended 30th June, 2026
The Limited Review Report from Statutory Auditors for the corresponding period

2. Annual General Meeting

Approval of Notice of the 43rd Annual General Meeting
AGM scheduled for Thursday, 24th September, 2026
Meeting to be held through Video Conferencing/Other Audio Visual Means

3. Director Re-appointments

Re-appointment of Mr. Hetal Khalpada (DIN: 00055823) as Director who retires by rotation
Re-appointment of Mr. Vallabh Prasad Biyani (DIN: 00043358) as Non-Executive Independent Director for a second term of five consecutive years
Both appointments subject to shareholder approval in the AGM

4. Other Approvals

Approval of the Directors' Report along with annexures for the year ended 31st March, 2026

5. Book Closure

Register of Members and Share Transfer Books will remain closed from Thursday, 17th September, 2026 to Thursday, 24th September, 2026 (both days inclusive)
Closure for the purpose of the 43rd Annual General Meeting

Financial Results - Standalone (Quarter Ended June 30, 2026)

Income Statement (₹ in Lakhs)

Revenue from Operations:

Interest income: ₹216.25
Dividend income: ₹8.91
Net gain/(loss) on fair value changes: ₹7,333.13
Total revenue from operations: ₹7,558.29
Other Income: ₹0.00
Total Income: ₹7,558.29

Expenses:

Finance costs: ₹0.01
Impairment on financial instruments: ₹1.84
Employee benefits expense: ₹68.79
Depreciation expenses: ₹0.40
Other expenses: ₹52.15
Total Expenses: ₹123.19

Profit/(loss) before tax: ₹7,435.10

Tax expenses:

Current tax: ₹86.60
Deferred tax: ₹1,011.27
Tax adjustment of earlier years (net): (₹18.96)
Total tax expenses: ₹1,078.91

Net profit/(loss) after tax: ₹6,356.19

Other Comprehensive Income:

Equity Instruments through OCI: ₹2,676.00
Remeasurements of defined benefit plans: ₹0.00
Income tax on OCI: (₹382.67)
Total Other Comprehensive Income: ₹2,293.33

Total Comprehensive Income: ₹8,649.52

Capital Structure:

Paid up Equity share capital: ₹109.59 lakhs (Face value ₹10 per share)
Other equity (excluding revaluation reserve): Not provided for current quarter

Earnings per share (not annualised):

Basic EPS: ₹579.98
Diluted EPS: ₹579.98

Financial Results - Consolidated (Quarter Ended June 30, 2026)

Income Statement (₹ in Lakhs)

Revenue from Operations:

Interest income: ₹216.25
Dividend income: ₹8.91
Net gain/(loss) on fair value changes: ₹7,333.21
Fees and commission Income: ₹0.00
Total revenue from operations: ₹7,558.37
Other Income: ₹0.00
Total Income: ₹7,558.37

Expenses:

Finance costs: ₹0.03
Impairment on financial instruments: ₹1.84
Employee benefits expense: ₹68.79
Depreciation expenses: ₹0.40
Other expenses: ₹52.46
Total Expenses: ₹123.52

Profit/(loss) before tax: ₹7,434.85

Tax expenses:

Current tax: ₹86.60
Deferred tax: ₹1,011.15
Tax adjustment of earlier years (net): (₹18.96)
Total tax expenses: ₹1,078.79

Net profit/(loss) after tax: ₹6,356.06

Attribution of Net Profit:

Owners of the company: ₹6,356.11
Non-controlling interests: (₹0.05)

Other Comprehensive Income:

Equity Instruments through OCI: ₹2,676.00
Remeasurements of defined benefit plans: ₹0.00
Income tax on OCI: (₹382.67)
Total Other Comprehensive Income: ₹2,293.33

Attribution of OCI:

Owners of the company: ₹2,293.33
Non-controlling interests: ₹0.00

Total Comprehensive Income: ₹8,649.39

Attribution of Total Comprehensive Income:

Owners of the company: ₹8,649.44
Non-controlling interests: (₹0.05)

Capital Structure:

Paid up Equity share capital: ₹109.59 lakhs (Face value ₹10 per share)
Other equity (excluding revaluation reserve): Not provided for current quarter

Earnings per share (not annualised):

Basic EPS: ₹579.97
Diluted EPS: ₹579.97

Subsidiary Information

The consolidated results include:

1. Sareshwar Trading and Finance Private Limited (Subsidiary)

2. Arkaya Commercial Private Limited (Subsidiary)

Subsidiaries contributed:

Total revenue: ₹0.07 Lakhs
Net profit/(loss) after tax: ₹(0.14) Lakhs
Total comprehensive income/(loss): ₹(0.14) Lakhs

These interim financial information for subsidiaries were not reviewed by other auditors and were provided by management.

Auditor Review

Auditor: G B C A & Associates LLP (FRN: 103142W/W100292)

Partner: Hitesh K. Pasad (Membership No: 106944)

Review Reports:

Issued unmodified review reports for both standalone and consolidated financial results
Review conducted in accordance with SRE 2410 issued by ICAI
Review is substantially less in scope than an audit
Previous quarter (June 2025) results were reviewed by Ajmera Ajmera and Associates

Additional Notes

1. Financial Results Preparation: Prepared in accordance with Ind AS 34 and SEBI LODR Regulations

2. Net gain/(loss) on fair value changes: Includes gain/(loss) on trading of shares & securities held as stock in trade, gain/(loss) from shares trading in derivatives segment, and realized/unrealized gain or (loss) on financial instruments valued at FVTPL

3. Impairment on financial instruments: Provision made on Standard Loan assets @ 0.40% as per RBI Prudential norms. All loan assets are classified as "Standard Assets" per RBI NBFC Directions 2025

4. Business Segments: Group primarily engaged in NBFC business including Investments, trading in shares & securities, and Lending Activities. No separate reportable segments as per Ind AS 108

5. Segment Reporting - Standalone (₹ in Lakhs):

Investments/trading income: ₹10,018.04 (Q1 2026), ₹(873.43) (Q4 2026)
Lending activities income: ₹216.25 (Q1 2026), ₹216.18 (Q4 2026)
Other income: ₹0.00 (Q1 2026), ₹1.81 (Q4 2026)

6. Segment Reporting - Consolidated (₹ in Lakhs):

Investments/trading income: ₹10,018.12 (Q1 2026), ₹(673.89) (Q4 2026)
Lending activities income: ₹216.25 (Q1 2026), ₹216.18 (Q4 2026)
Other income: ₹0.00 (Q1 2026), ₹2.41 (Q4 2026)

7. Figures for Q4 March 2026: Represent balancing figures between audited full-year figures and published unaudited year-to-date figures up to Q3 December 2025

8. Rounding: Amounts below ₹500 denoted by "0.00"

9. Previous periods: Figures have been regrouped/reclassified where necessary for consistency

Compliance Officer

Avani Sanghavi, Company Secretary & Compliance Officer (Membership No.: A29108)