Home / Business and Economy / Sharat Industries Sees Profit Plummet 90% Despite Sales Surge
Sharat Industries Sees Profit Plummet 90% Despite Sales Surge
27 May
Summary
- Net profit declined 90.57% to Rs 0.05 crore in March 2026 quarter.
- Sales increased 24.84% to Rs 117.24 crore in the March 2026 quarter.
- Full-year net profit rose 59.64% to Rs 15.90 crore in FY26.
Sharat Industries reported a dramatic 90.57% decrease in net profit for the quarter ending March 2026, falling to Rs 0.05 crore from Rs 0.53 crore in the same period last year. This sharp decline in profitability occurred even as the company achieved a 24.84% rise in sales, reaching Rs 117.24 crore for the quarter.
In contrast, the full fiscal year ending March 2026 presented a more positive financial picture for Sharat Industries. Net profit surged by 59.64% to Rs 15.90 crore, a significant increase from Rs 9.96 crore in the previous fiscal year. Correspondingly, full-year sales climbed by 37.89% to Rs 524.72 crore, indicating robust growth over the twelve-month period.
