Satchmo Holdings reported a standalone net profit of ₹105.93 crore for FY26, a massive turnaround from a loss, driven by ₹104.53 crore in exceptional items from liability reversals.
The company successfully resolved NCLT insolvency proceedings after fully settling its ₹70 crore OTS with JCF ARC, leading to the dismissal of the case.
Satchmo completed the divestment of its real estate subsidiaries, Northroof and Marathalli Ventures, and is shifting focus to become an investment and holding company.
Auditors issued an unmodified opinion but emphasized matters including a disputed ₹19.28 crore liability and pending 'No Dues' certificate from HDFC for a ₹15.54 crore settlement.