Source Industries (India) Limited held its Board meeting on May 25, 2026, which commenced at 10:00 PM and concluded at 11:15 PM. The Board considered and approved the following items:
1. Audited Financial Results for the Fourth Quarter and year ended March 31, 2026
2. Audited Assets & Liabilities Statement for the year ended March 31, 2026
3. Audited Cash Flow Statement for the year ended March 31, 2026
4. Audited Review Report for the Quarter and year ended March 31, 2026
5. Declaration for Unmodified Opinion for the financial year ended March 31, 2026
Financial Results (Standalone)
For Year Ended March 31, 2026 (Audited):
- Revenue from operations: ₹54.27 lakhs
- Other income: ₹3.38 lakhs
- Total Income: ₹57.65 lakhs
- Total Expenses: ₹45.47 lakhs
- Profit before tax: ₹12.18 lakhs
- Tax expense: ₹0
- Net profit for the period: ₹12.18 lakhs
- Other comprehensive income: ₹0
- Total comprehensive income: ₹12.18 lakhs
- Paid-up equity share capital (Face value ₹10 each): ₹1,140.31 lakhs
- Basic EPS: ₹0.11
- Diluted EPS: ₹0.11
For Quarter Ended March 31, 2026 (Audited):
- Revenue from operations: ₹33.43 lakhs
- Other income: ₹3.38 lakhs
- Total Income: ₹36.81 lakhs
- Total Expenses: ₹31.97 lakhs
- Profit before tax: ₹4.84 lakhs
- Tax expense: ₹-1.28 lakhs
- Net profit for the period: ₹6.12 lakhs
- Other comprehensive income: ₹0
- Total comprehensive income: ₹6.12 lakhs
- Basic EPS: ₹0.05
- Diluted EPS: ₹0.05
Assets and Liabilities (Standalone)
As at March 31, 2026 (Audited):
- Total Assets: ₹492.46 lakhs
- Non-current assets: ₹157.30 lakhs (Other non-current assets)
- Current assets: ₹335.16 lakhs (Trade receivables: ₹208.97 lakhs, Cash and cash equivalents: ₹5.80 lakhs, Other current assets: ₹120.39 lakhs)
- Total Equity & Liabilities: ₹492.46 lakhs
- Equity: ₹442.22 lakhs (Equity share capital: ₹1,140.31 lakhs, Other equity: ₹-698.09 lakhs)
- Current liabilities: ₹50.24 lakhs (Borrowings: ₹20.00 lakhs, Trade payables: ₹1.93 lakhs, Other financial liabilities: ₹22.01 lakhs, Other current liabilities: ₹6.30 lakhs)
Cash Flow Statement (Standalone)
For Year Ended March 31, 2026 (Audited):
- Cash flow from operating activities: ₹-5.33 lakhs
- Cash flow from investment activities: ₹0
- Cash flow from financing activities: ₹0
- Net decrease in cash & cash equivalents: ₹-5.33 lakhs
- Opening balance of cash & cash equivalents: ₹11.13 lakhs
- Closing balance of cash & cash equivalents: ₹5.80 lakhs
Notes to Financial Results
1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on May 25, 2026
2. Prepared in accordance with Indian Accounting Standards (IndAS) and Regulation 33 of SEBI LODR
3. Quarter ended March figures are balancing figures between audited full year and unaudited published year-to-date figures up to December
4. Previous years' figures have been regrouped/rearranged where necessary