539983

Sidh Automobiles Limited reported Standalone financial results for the quarter ended 31st March 2026. Standalone Operating Revenue was ₹4.06 Lakhs vs ₹10.16 Lakhs (▼59.94% YoY), EBITDA was ₹3.73 Lakhs vs ₹115.58 Lakhs (▼96.77% YoY), and PAT was ₹3.64 Lakhs vs ₹265.19 Lakhs (▼98.63% YoY). The significant decline in all key metrics is primarily due to the absence of substantial 'Other Income' and 'Net Gain on fair Value Changes' which greatly boosted the previous year's figures.

Sidh Automobiles Limited reported Standalone Revenue from Operations of ₹4.06 Lakhs vs ₹10.16 Lakhs (▼60.04% YoY), EBITDA of ₹3.73 Lakhs vs ₹6.76 Lakhs (▼44.82% YoY), and PAT of ₹3.64 Lakhs vs ₹265.19 Lakhs (▼98.63% YoY) for the quarter ended 31st March 2026. EBITDA Margin expanded from 66.53% to 91.87% (▲2534 bps). The significant decline in profitability is primarily due to the absence of substantial 'Other Income' (including fair value gains) recorded in the previous year's corresponding quarter.

Sidh Automobiles Limited's Board of Directors, in a meeting on May 25, 2026, approved the appointment of Mr. Shahabaz Nisar Ahmed Shaikh (DIN: 11735596) as both the Managing Director for a term of 5 years and the Chief Financial Officer. These appointments are subject to shareholder approval at the upcoming Annual General Meeting. Mr. Shaikh brings over three decades of experience in administrative and operational management.

Sidh Automobiles Limited announced the outcome of its Board Meeting held on May 25, 2026. The Board approved the appointment of Mr. Shahabaz Nisar Ahmed Shaikh (DIN: 11735596) as both the Managing Director and Chief Financial Officer of the Company. Both appointments are effective May 25, 2026, for a term of 5 years, and are subject to the approval of shareholders in the ensuing Annual General Meeting.

Sidh Automobiles Limited announced a Board Meeting to be held on May 26, 2026, at 02:00 P.M. to consider and approve the Audited Financial Results (Standalone) for the Quarter and Financial Year ended March 31, 2026. The trading window for insiders has been closed from April 1, 2026, and will reopen 48 hours after the results are made public.