Suratwwala Business Group profit triples as revenue hits ₹89.3 crore
The company reported standalone revenue of ₹89.3 crore for FY26, up from ₹32.2 crore in the previous year, while net profit rose to ₹30.5 crore.
What's new
- Standalone revenue for FY26 reached ₹89.3 crore, up from ₹32.2 crore in FY25.
- Net profit rose to ₹30.5 crore from ₹10.7 crore in the prior year.
- Auditors Parag Patwa & Associates issued an unmodified opinion on all statements.
Why this matters
The company delivered a sharp expansion in both top-line and bottom-line figures for the fiscal year. With an unmodified audit opinion, the financial health of the business appears stable as it scales operations.
What we're watching
- Whether this growth rate is sustainable in the current fiscal year.
- Details on the project pipeline that fueled the revenue jump.
- Future updates on internal audit findings from the reappointed team.
The full read
Suratwwala Business Group closed FY26 with a sharp increase in scale. Standalone revenue from operations reached ₹89.3 crore, a significant jump from the ₹32.2 crore recorded in the previous year. Profitability followed a similar trajectory, with net profit more than doubling to ₹30.5 crore from ₹10.7 crore.
Growth is accelerating.
The company’s auditors, Parag Patwa & Associates, cleared the books with an unmodified opinion on both standalone and consolidated statements, while the board maintained continuity in its internal oversight by reappointing Joshi and Sahney for the coming year. These results reflect a period of rapid expansion for the business, but the primary test for the company now is maintaining this momentum in the current fiscal cycle.
Questions answered
- How did the company's financial performance compare to last year?
- Suratwwala Business Group saw significant growth, with standalone revenue rising to ₹89.3 crore from ₹32.2 crore and net profit climbing to ₹30.5 crore from ₹10.7 crore.
- What was the auditor's stance on the financial results?
- The auditors, Parag Patwa & Associates, provided an unmodified opinion on both the standalone and consolidated financial statements.
- Were there any changes to the internal audit team?
- No, the board reappointed Joshi and Sahney to serve as internal auditors for the upcoming fiscal year.