Sparkle Gold Rock Q1 FY27 Net Profit ₹24.92 Lakh

Board Meeting Details

The Board of Directors meeting was held on Tuesday, 11th August, 2026, commencing at 12:00 P.M. and concluding at 01:30 P.M.

Key Decisions Approved

1. Financial Results Approval

The Board approved the un-audited Financial Results of the Company for the Quarter ended June 30, 2026. The results were subjected to a limited review by M/s G.R. Gupta and Company, Chartered Accountants, Statutory Auditors of the Company.

2. Auditor Resignation

The Board noted the resignation of M/s G.R. Gupta & Company (FRN: 006201C), Chartered Accountants, as Statutory Auditors of the Company. The resignation was tendered via letter dated 11th August, 2026, citing inability to continue. The detailed reasons provided in the resignation annexure state: "Not commercially viable to continue as Statutory Auditor at the fee previously paid."

The auditors confirmed they issued their limited review report dated 11th August, 2026 on the unaudited financial results for the quarter ended June 30th, 2026, prior to their resignation. No other material reasons for resignation were provided, and no concerns regarding inability to obtain sufficient appropriate audit evidence were raised.

3. New Auditor Appointment

On the recommendation of the Audit Committee, the Board appointed M/s. Dhadda and Associates (FRN: 013807S), Chartered Accountants, as the new Statutory Auditor of the Company to fill the casual vacancy. The appointment is effective from 11th August, 2026, subject to applicable provisions of the Companies Act, 2013 and approval of members wherever required.

4. Registered Office Shift

The Board approved the proposal for shifting the registered office of the Company from Office No 507 508 5th Floor, Vaibhav Cine Multiplex, Vaishali Nagar, Jaipur, Rajasthan, India, 302021 to C1 1st Floor, Vaibhav Complex, Vaishali Nagar, Jaipur Rajasthan 302021.

5. Minutes Amendment

The Board considered and approved the proposed amendment to the minutes of the Audit Committee meeting that had been approved previously.

Financial Results for Quarter Ended June 30, 2026 (Q1 FY27)

Income Statement Highlights (in ₹ Lakhs, except EPS)

Revenue from Operations: ₹1,277.90 (vs. ₹185.28 in Q1 FY26 and ₹5,072.55 in Q4 FY26)
Other Income: ₹0.01 (vs. ₹0.00 in Q1 FY26 and ₹0.05 in Q4 FY26)
Total Income: ₹1,277.91 (vs. ₹185.28 in Q1 FY26 and ₹5,072.60 in Q4 FY26)
Purchase of Stock In Trade: ₹1,234.81 (vs. ₹180.28 in Q1 FY26 and ₹4,404.21 in Q4 FY26)
Employee Benefits Expenses: ₹4.11 (vs. ₹1.50 in Q1 FY26 and ₹12.24 in Q4 FY26)
Depreciation and amortization expenses: ₹0.09 (vs. ₹0.09 in Q1 FY26 and ₹0.09 in Q4 FY26)
Other Expenditure: ₹5.60 (vs. ₹9.49 in Q1 FY26 and ₹14.49 in Q4 FY26)
Profit before tax: ₹33.30 (vs. ₹8.15 in Q1 FY26 and ₹402.67 in Q4 FY26)
Tax Expenses: ₹8.39 (Current tax including earlier period tax expense)
Profit for the period: ₹24.92 (vs. ₹8.15 in Q1 FY26 and ₹293.51 in Q4 FY26)
Earnings Per Share (Basic and Diluted): ₹0.56 (vs. ₹0.18 in Q1 FY26 and ₹6.55 in Q4 FY26)

Balance Sheet Position as at June 30, 2026 (in ₹ Lakhs)

Total Assets: ₹4,836.70 (vs. ₹5,619.49 as at March 31, 2026)
Property, Plant & Equipment: ₹1.47 (vs. ₹1.56)
Deferred Tax Asset: ₹0.30 (unchanged)
Other Non-Current Assets: ₹1.54 (unchanged)
Inventories: ₹1.73 (unchanged)
Trade Receivables: ₹4,723.15 (vs. ₹5,459.92)
Cash & Cash Equivalents: ₹102.48 (vs. ₹107.11)
Loans (Current Assets): ₹0.60 (unchanged)
Current Tax Assets (Net): ₹2.90 (vs. ₹0.52)
Other Current Asset: ₹2.55 (vs. ₹46.22)
Equity Share Capital: ₹447.82 (unchanged)
Other Equity: ₹103.91 (vs. ₹78.99)
Borrowings (Current Liabilities): ₹489.07 (vs. ₹1,604.61)
Trade Payables: ₹3,670.32 (vs. ₹3,321.94)
Other current liabilities: ₹7.74 (vs. ₹56.66)
Current Tax Liabilities (Net): ₹117.84 (vs. ₹109.45)

Cash Flow Statement for Period Ended June 30, 2026 (in ₹ Lakhs)

Net Cash Generated from Operations: ₹1,110.91
Net Cash used in Investing Activities: ₹0.00
Net cash used in Financing Activities: ₹(1,115.54)
Net Decrease in Cash and Cash Equivalents: ₹(4.63)
Cash and Cash Equivalents at beginning: ₹107.11
Closing Balance of Cash and Cash Equivalents: ₹102.48

Additional Notes to Financial Results

1. Results are in accordance with Indian Accounting Standards (IND AS)

2. Figures for the quarter ended 31.03.2026 are balancing figures between audited full year and published year-to-date figures up to third quarter ended 31.12.2025

3. Previous periods' figures have been re-classified/re-arranged/re-grouped as per SEBI's revised format

4. Balances of parties under trade payables and Loans & Advances are subject to confirmation and reconciliation

5. No unresolved investor complaints

6. Promoters' shares are not pledged

Auditor Transition Details

Previous Auditor: G.R. Gupta & Company (FRN: 006201C)
Date of Appointment: 30.09.2024
Scheduled Term Expiry: Till conclusion of AGM to be held in 2029
Latest Report Submitted: Limited Review report for quarter ended 30th June 2026 dated 11 August 2026
New Auditor: Dhadda and Associates (FRN: 013807S)
Effective Date: 11th August, 2026