Saraswati Saree Depot Limited announced its audited financial results for the quarter and year ended March 31, 2026, alongside the appointment of M/s. Ajit M. Joshi and Associates as the internal auditor for the financial year 2026-27. For the quarter ended March 31, 2026, the company reported a revenue from operations of 1,335.33 Millions, compared to 1,444.66 Millions in the previous quarter and 1,363.50 Millions in the corresponding quarter of the previous year. The net profit for the quarter was 33.35 Millions, against 32.10 Millions in the preceding quarter and 70.25 Millions in the same quarter of the previous year.

Saraswati Saree Depot Limited is a prominent player in the Indian apparel industry, specializing in the wholesale of sarees and various other ethnic wear products. The company operates with a business model focused on a vast variety of inventory and supply chain management for apparel retailers.

Regarding the company’s recent activities, Saraswati Saree Depot has been focused on strengthening its internal audit mechanisms, as evidenced by the appointment of a new internal audit firm for the upcoming financial year. The company’s financial statements for the year ended March 31, 2026, were subject to a qualified opinion by the statutory auditors, specifically noting the absence of detailed quantitative stock records, though management has verified inventory through physical counting.

In terms of financial performance for the year ended March 31, 2026, the company recorded a total revenue of 6,359.73 Millions and a net profit of 234.06 Millions, compared to a total revenue of 6,071.53 Millions and a net profit of 305.76 Millions for the previous financial year.