Shikhar Leasing reports net loss of ₹10.24 lakh in FY26
Published on: July 7, 2026, 3:07 p.m. | Source: scanx.trade
Shikhar Leasing and Trading Limited reported a net loss of ₹10.24 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹13.93 lakh in the previous year. The decline was primarily due to a sharp increase in total expenses to ₹110.08 lakh, with employee benefit expenses more than doubling to ₹81.80 lakh, alongside a drop in other income. Consequently, the Directors did not recommend any dividend for the year. The Board has recommended the re-appointment of Mr. Vipul Popatlal Chheda as Wholetime Director, subject to shareholder approval at the 42nd Annual General Meeting scheduled for July 30, 2026.
