Shlokka Dyes reports ₹63.08 crore profit for half year ended September 2026

Shlokka Dyes Limited announced its unaudited standalone financial results for the half-year ended September 30, 2026. The company reported a Profit Before Tax of ₹630.83 lakh for the period. Key financial highlights include a revenue from operations of ₹7,162.66 lakh and total expenses of ₹6,549.59 lakh. The results also detail a change in the depreciation method from Written Down Value (WDV) to Straight-Line Method (SLM), impacting the reported profit.

Shlokka Dyes Releases Financial Results for Half Year Ended September 30, 2026

Shlokka Dyes Limited has announced its unaudited standalone financial results for the half-year period concluding on September 30, 2026. The Board of Directors considered and approved these results, along with the accompanying Limited Review Report, during a meeting held on November 3, 2026.

Key Financial Highlights

For the half-year ended September 30, 2026, Shlokka Dyes reported the following key figures:

  • Revenue From Operations: ₹7,162.66 lakh
  • Other Income: ₹17.76 lakh
  • Total Income: ₹7,180.42 lakh
  • Total Expenses: ₹6,549.59 lakh
  • Profit Before Exceptional and extraordinary items and Tax: ₹630.83 lakh
  • Profit Before Tax: ₹630.83 lakh
  • Tax Expenses: ₹109.78 lakh
  • Profit/Loss for the Period: ₹521.05 lakh

Changes in Accounting Estimates

A significant note accompanying the financial results pertains to the change in the Company’s accounting estimate for depreciation. Effective from April 1, 2026, Shlokka Dyes revised its method of depreciating Property, Plant, and Equipment from the Written Down Value (WDV) method to the Straight-Line Method (SLM). Management believes this change will more accurately reflect the assets’ technical life and expected pattern of consumption of future economic benefits. This change resulted in a lower depreciation charge for the half-year ended September 30, 2026, by ₹89,76,093, consequently increasing the profit before tax by the same amount.

Business Acquisition

The financial results also incorporate the operations of an acquired undertaking. On July 31, 2026, the Company completed the acquisition of the entire business undertaking of M/s. Equinox Impex on a going-concern slump-sale basis. The aggregate consideration for this acquisition was ₹3,30,00,000. The financial results for the period from August 1, 2026, to September 30, 2026, include the operations of this acquired undertaking.

Source: BSE

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