5268852026-01-012026-03-315268852026-03-315268852025-03-315268852025-04-012026-03-315268852026-01-012026-03-31in-capmkt:OtherExpenses1Member5268852026-01-012026-03-31in-capmkt:OtherExpenses2Member5268852025-04-012026-03-31in-capmkt:OtherExpenses1Member5268852025-04-012026-03-31in-capmkt:OtherExpenses2Member5268852026-03-31OtherNoncurrentFinancialAssetsDomain15268852026-03-31OtherNoncurrentAssetsDomain15268852026-03-31OtherNoncurrentAssetsDomain25268852026-03-31OtherCurrentFinancialAssetsDomain15268852026-03-31OtherCurrentAssetsDomain15268852026-03-31OtherNoncurrentFinancialLiabilitiesDomain15268852026-03-31OtherCurrentFinancialLiabilitiesDomain15268852026-03-31OtherCurrentFinancialLiabilitiesDomain25268852026-03-31OtherCurrentLiabilitiesDomain15268852026-01-012026-03-31in-capmkt:ReportableSegments1Member5268852026-01-012026-03-31in-capmkt:ReportableSegments2Member5268852025-04-012026-03-31in-capmkt:ReportableSegments1Member5268852025-04-012026-03-31in-capmkt:ReportableSegments2Member5268852026-01-012026-03-31in-capmkt:ReportableSegments1Member5268852026-01-012026-03-31in-capmkt:ReportableSegments2Member5268852025-04-012026-03-31in-capmkt:ReportableSegments1Member5268852025-04-012026-03-31in-capmkt:ReportableSegments2Member5268852026-01-012026-03-31in-capmkt:ReportableSegments1Member5268852026-03-31in-capmkt:ReportableSegments1Member5268852026-01-012026-03-31in-capmkt:ReportableSegments2Member5268852026-03-31in-capmkt:ReportableSegments2Member5268852026-01-012026-03-31in-capmkt:ReportableSegments1Member5268852026-03-31in-capmkt:ReportableSegments1Member5268852026-01-012026-03-31in-capmkt:ReportableSegments2Member5268852026-03-31in-capmkt:ReportableSegments2Member5268852026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15268852025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15268852026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15268852025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15268852026-01-012026-03-31AuditorDomain15268852026-01-012026-03-31in-capmkt:AuditedMember5268852026-03-31in-capmkt:AuditedMember5268852026-01-012026-03-31in-capmkt:AdjustedMember5268852026-03-31in-capmkt:AdjustedMember5268852026-01-012026-03-31AuditQualification1iso4217:INRiso4217:INRxbrli:shares526885SARLAPOLYNOTLISTEDINE453D01025SARLA PERFORMANCE FIBERS LIMITEDMain BoardEquity2025-04-012026-03-312026-04-222026-04-17INRLakhsQuarterlyFourth quarterMulti segment2026-04-2217:38:002026-04-2222:19:00trueCash Flow IndirectStatement on impact of audit qualification2026-01-012026-03-31AuditedConsolidated10253240001126910001138015000419685000013491000663960001792500061441000504346000108328400054731000-771326000-716595000-1194150000-1194150000-5971800000000-597180000-149971000-747151000-596393000-787000-746586000-674000835030001-7.14-7.1400-7.14-7.141. The Audit Committee has reviewed these results and the Board of Directors have approved the above results at their meeting held on 22nd April, 2026. <BR> 2. Figures of three months ended March 31, 2026 and the corresponding quarter ended in the previous year as reported in these results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the relevant financial year. Also the figures upto the end of third quarter had only been reviewed and not subjected to audit <BR> 3. The Board of Directors have recommended a dividend of INR. 2/- per equity share of face value of INR 1/- subject to approval of shareholders. The Promoters and the promoter group have expressed that they will be waiving of their rights to receive the dividend. <BR> 4. During the quarter, the Company sold 11,1% Non-Cumulative Redeemable Preference Shares held in its wholly owned subsidiary, Sarla Flex Inc., having a face value of USD 10,00,000 each, for consideration of USD 11,000 per share. <BR> (a) In the standalone Financials, Based on the carrying amount of the said Preference Shares of Rs. 7,824.85 lakhs (gross of impairment of Rs. 2,280.10 Lakhs carried out in earlier years), the sale transaction has resulted in a loss amounting to Rs. 5,433.16 lakhs, which has been recognized as an Exceptional Item in the statement of Profit and Loss for the quarter and year ending 31st March 2026. <BR> For the sale and write off of the loss for the above transaction and subsequent receipt of the sales proceeds, the company has applied for the necessary approvals from the regulators and the same is still awaited as on date. <BR> The management believes that there is no uncertainty regarding the approvals and the receipt of the aforesaid consideration. <BR> (b) In the Consolidated Financials, the sale transaction has resulted in a loss amounting to Rs 7,713.26 Lakhs (since Provision for Impairment of Rs 2,280.10 Lakhs recorded in the earlier years in the standalone financials statements were eliminated due to consolidation adjustments) which has been recognized as an Exceptional Item in the statement of Profit and Loss for the quarter and year ending 31st March 2026. <BR> 5. The Company has performed an impairment assessment of its Windmill asset in accordance with Ind AS 36 – Impairment of Assets. The recoverable amount of the asset was determined using the Discounted Cash Flow (DCF) method. <BR> As the recoverable amount was lower than the carrying amount, an impairment loss of Rs. 453.40 lakhs has been recognized in the Statement of Profit and Loss for the quarter and year ended 31st March 2026. <BR> 6. Pursuant to the new labour code provisions the Company had assesed and recognised the impact of enhanced gratuity liability of Rs 18.37 Lakhs in December 2025, resulting in an increase in employee benefit expenses2025-04-012026-03-31AuditedConsolidated4012322000566460000457878200017353420000720670002446120008239000025231500015748190003961545000617237000-771326000-154089000-209260000-209260000-1331630000000-133163000-294259000-427422000-131346000-1818000-425612000-18100008350300014281474000-1.57-1.5700-1.57-1.57Impairment Expenses45340000Other expenses459006000Impairment Expenses45340000Other expenses1529479000217490100044340000021280002840786000300800066200002850414000152000804390005152374000773642000838628000114698800026932000383500023690002316820002250434000132945000315702100083093950008350300050639590005147462000-11240005146338000352565000000450380003976030001605700015864200057230200015576300001763300034379100036142400056269000024817440009642100055340007056000259075500031630570008309395000Other financial assets6620000Non current Tax Assets (Net)22622000Other non-current assets57817000Other current financial assets231682000Other current assets132945000Lease Liabilities45038000Lease Liabilities22613000Other financial liabilities540077000Other current liabilities96421000(a). YARN1018078000(b). WIND POWER9753000(a). YARN3961849000(b). WIND POWER643910001027831000402624000025060001391700010253250004012323000(a). YARN263270000(b). WIND POWER-50226000(a). YARN1073753000(b). WIND POWER-19684000213044000105406900017925000823900009117140001125768000-716595000-154089000(a). YARN4181004000(b). WIND POWER422520000460352400037058710008309395000(a). YARN1508097000(b). WIND POWER110800015092050001653847000316305200073516000-34125000334290000-12003800000-10410000426760000002976560000001156650000-621680007321000329460000000-1253940007838930000963802000809713000000676310000742082000000681491000111590000003196000178484000000713000000000000109700000073210003294600000-8071630000000000035422300076667000199970001079820008238800000671890002108000021080002482400026932000Amount of items that will not be reclassified to profit and loss30370003037000Amount of items that will not be reclassified to profit and loss28920002892000764000728000Amount of items that will be reclassified to profit and loss-204174000-204174000Amount of items that will be reclassified to profit and loss-404455000-404455000-51930000-108032000-149971000-294259000AuditedQualified opinionCNK & Associates LLPtrue2027-07-314578782000457878200047328710004732871000-133163000-133163000-1.57-1.57830969600083096960003163052000316305200051463420005146342000We draw attention to Note No. 4 to the financial results on Exceptional Items wherein the Company has recognized loss of Rs. 7,713.26 lakhs on sale of 1% Non-Cumulative Redeemable Preference Shares held in its wholly owned subsidiary, Sarla Flex Inc. <br></br> <br></br> For the sale and write off of the loss for the above transaction and subsequent receipt of the sales proceeds the company has applied for the necessary approvals from the regulators and the same is still awaited as on date of our audit report. <br></br> <br></br> Note No.4 to the financial Results: <br></br> During the quarter, the Company sold 11,1% Non-Cumulative Redeemable Preference Shares held in its wholly owned subsidiary, Sarla Flex Inc., having a face value of USD 10,00,000 each, for consideration of USD 11,000 per share. <br></br> In the Consolidated Financials, the sale transaction has resulted in a loss amounting to Rs 7,713.26 Lakhs (since Provision for Impairment of Rs 2,280.10 Lakhs recorded in the earlier years in the standalone financials statements were eliminated due to consolidation adjustments) which has been recognized as an Exceptional Item in the statement of Profit and Loss for the quarter and year ending 31st March 2026. <br></br> For the sale and write off of the loss for the above transaction and subsequent receipt of the sales proceeds, the company has applied for the necessary approvals from the regulators and the same is still awaited as on date. <br></br> The management believes that there is no uncertainty regarding the approvals and the receipt of the aforesaid consideration. <br></br> Qualified opinionWhether appeared first timeNot ApplicableNot Applicable Auditor have qualified the opinion as the approvals from the regulators is still awaited but the Management, based on its assessment of the facts and circumstances, believes that such approvals are procedural in nature and do not cast any uncertainty on the transactionThis being a regulatory non-compliance we are unable to quantify the amount of penalty that may be imposed by the regulator to regularize this transaction pending clearanceKRISHNA KUMAR JHUNHUNWALAKAYVANNA SHAHSACHIN ABHAYANKARSURESH AGASKARMUMBAI2026-04-22