FINANCIAL RESULT

o@ "(0)/1 CffltIfuA 3tfq; ~L) (~memem \M1f) YEARSOF CELEBRAnNG THEMAHATMA THE STATETRADING CORPORATION OFINDIALTD. STC/BS&P/BSI10082/2017-18/STEX (AGovt.ofIndiaEnterprises)August25,2026 DIVISION Manager-Listing Compliance Department Manager- Listing Compliance Department National StockExchange ofIndia Limited BSELimited Exchange Plaza, Bandra - Kurla Complex, 1stFloor, P.J. Towers, Dalal Street Bandra (East), Mumbai- 400051 Mumbai- 400001 ScripCode: STCINDIA- EQ ScripCode: 512531 Sub: Annual Audited Consolidated Financial Result for the quarter and year ended March 31, 2026 and Unaudited Financial Results (limited Reviewed) (Standalone) for the quarter ended onJune30, 2026 DearSir/Madam, This is to inform that the Board of Directors of The Slale Trading Corporation of India limited at its meeting held on today i.e., August 25,2026 has approved and taken on record the Annual Audited Consolidated Financial Result for the quarter and yearended March 31, 2026 and Unaudited Financial ReSUlts (Limited Reviewed) Standaloneforthe quarterended on June 30, 2026.Further, in pursuance of Regulation 33, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, STC enclosing herewiththefollowing: A: Annual Audited (Standalone & Consolldatedl Financial Result for the quarter and Year ended March 31! 2026: i) Auditors' Report on the Annual Audited Consolidated Financial Result for the quarter and year endedMarch 31,2026, pursuantto Regulation 33. ii) Annual Audited (Standalone & Consolidated) Financial Results for the Quarter and Year ended March 31, 2026. iii) StatementofImpactofAuditQualification (Standalone &Consolidated) forthe financial yearended 31.03.2026. .8: Unaudited Financial Results (Limited Reviewed) (Standalone) for the quarter ended on June30. 2026: i) Statement of Unaudited(Standalone) Financial Results along with Limited ReVIew Report of the Statutory Auditors for the quarter ended on June 30, 2026 and Press Release are enclosed herewith. The Meeting ofthe Board ofDirectorscommenced at02:30P.M. and concluded at06:30 P.M. Pleasetaketheaboveon record. Thanking you, Yours sincerely, ForTheStateTrading CorporationofIndiaLimited (CS Ritu Bhatia) CompanySecretary&ComplianceOfficer 1lQTqJV1f1A. ~lIPf. ~ ~-1100011 Regd.OffIce:JawaharVyaparBhawan.TolstoyMarg,NewDelhl-110001 ~ W8llJICorporateIden tti -ty ~No. :L74899DL1956GOIOO ~2674 ITelephone:011-23313177 IFax:011-23701123,23701191 IE-mail:co@Stcllmlted.co.ln IWebsite:www.stcllmlted.co.ln .1Pft"'i W tr' llJqf W "'Idln P V A R & ASSOCIATES CHARTERED ACCOUNTANTS 203,2nd Floor, V4 MayurPlaza-I,Plot No.1, lSC, IN 0 I A MayurVihar Phase-I, Delhi-110091 Mobile: +91 8368142183, +91 7503222555 Email:fcaruchiagarwal@gmail.com.pvardelhi@gmail.com Website: www.pvarassociates.com IudependentAuditor'!! R port TheMembers of TheStateTradingCorporationofIndiaLimited J.~EPORTONTHEAUDIT OFTHE STANDALONEFINANCIALSTATEMENTS We have audited the accompanying standalone fmancial statements ofThe StateTrading Corporation of India Limited ("the Company"), which comprise the Balance Sheet as at 31st March, 2026, the Statement ofProfit and Loss (including Other Comprehensive Income), the statement ofchanges in Equity and the Standalone Cash Flow Statement for the year then ended, notes to the Standalone fmancial statements including a summary ofthe significant accounting policies and other explanatory infolmation (hereinafterreferred to as "TheStandaloneFinancialStatements"). Qualified Opinion In our opinion and various issues as mentioned in the Basis for Qualified Opinion paragraphs, the aforesaid Standalone Financial Statements except for the qualified opinion give the information required bythe CompaniesAct 2013 ("theAct") in the manner so required and present atrue and fair view in conformity with the Indian Accounting Standards prescribed under Section 133 of the Act read with the Companies (Tnrlian Ar:collntingStandards) Rule 2015 as amended, ("IndAS") and other accounting principles generally accepted in India, of the state of affairs of the Company as at 31st March 2026 and its net profit and other comprehensive income, changes in equity and its cash flows for theyearended on that date. Basis for Qualified Opinion 1. Nnn -C(Jrr~ntA.'i'.'i'et.'i'heldfnrSale t. Referto NoteNo.4(a) ofStandalone FinamialStatements, non-availabilityoftitle deedsin the nameofthe mmpa'!.yin respedqffollolVingpropertiesname!y: a) LeatielwldBuildiJJg i. Leaseholdlandat}aIVaharVyaparBhalVail valfledatRs. 55,929la,'s It. Leaseholdland atHOlfsing Colon"y atAlfrobindo Mar,JJ, valfledat Rs. 12,394 GhaziabadOff:48,1stFloor, NavYllgMarket,Ghaziabad-201001 (UP) JaipllrOff:BansalChambers,B-66,ShoppingCenter,BehindDenaBank,AmbaBari,JaipllT-302039 AssamOff'Sllndari Complex, GFRoad, Benganakltowa,Golaghat (Assam)-785621 b) FreeholdBuilding t. 8ResidentialFlatsatAsianGame. Village Complex, allottedI!J'DDA amountingtoRs. 2720lacs ii. 7apartmentsindiJftrentlocationsofMtlmbaiamountingtoRs. 1918lacs iii. FlatsatAhmedabad Further, leasepmodforplot atMallet Bunder, Mtlmbai Port Trust h(1! alm~4y expIred and the land bas been handedoverto Mumbai Port Trust. Sumnder ,erlijicale bas bem exemtedon 12.11.2021. Butthisstillcontinues to be shownas non-mmntassetsheldfOr sale. Thlls, non- mmntassets heldforsale has bem IJ/lmtalerll!Y Iv. 11.67 la~:r. II will also have consequentialimpact on the Statement ojirojl anduu account nlllifilig into overstatementofproJitI!J'Rs. 11.67lacs. Ftlrlhsrthefarm tanks il/J'falledtit ~tlJletBmu/eramollnting to Rs. 14.84 lacs have also bembal/dedOlleron asisllihmi balis. Tbe t'Oll/pal!)'has notraiseda'!Y debitnoteforthe sameandthusnon-cumntassetsarebeingoverstatedfryRs. 14.84Iat'S. Further to this, fit'onciliation has been done at STC ofits at~'ounts with MBPT and determined Ibnt lIel amollnlojRr. 161 kmar,! mOllerable}WII lvI13PTc!fierCl(!/Jlslillg lease nnl dlles ojRr. 257 lat'! (lg(//ilJ'l tOltil mOlimcs ojRr. 419 lacs (comprising sale protecds of T .ffl17Wldmd tlsset.r 0' 1vlBPT. E10]) and deposits). This wcU C(JIIIIIIIl/limler! II) MBPA .fOr their t'Olljil7l/lttioll /hrollgh TC letter dated 29.10.2025, followedfryremillders. HOIJ/eur, \1B/Yfs(o,ifjrm(/Iioll ilslill(/watlcd l?t.firNl/le57. Flldbo,~ ''Olllpat!)1 bas 1/01 alllorlized I/;e va/lie ~fthe leo.l'8holdproperlies (/t"t'ordillg 10 the IND AS 116for thepedodexpiredtill 31.03.2026 mlllllllgiI/to olimtatCnJ8/ltoj11011 mm1l1 (Juels heldforlale tmdCOluofjll4lllialilllpacl 01/projil ojtlJe fon/pat!}. the On/O/Illt I/Ihmojc01l1d1101beqll01llifl~dillab.rcl/''fJoj omp/elcrJtJ/aji'Olllthe Oll/ptll!)'. ii. Refer 011'No.4.for 1I01l-tU!illstlllBlllofva/1I0/(/rea ill Fixed m/sRegis/~rogaitut(mas at'fjl/lnd !?y DellJl Metro RoilCorporalion (DMRC)fiJI' ~'Oll.f/mctioll qjM,dro lalioll & 0' L&D fOr Iliit/eIIbrg of1/;8Road(1J1rt11,g 1Jial1 .lamos, CIS /1101/as Ihrflall/area q!lalldsold0' the t'ompa1!y to The }-ltmrJi,..,.ajl.r (l11dHtll1dloOl1l flxp011J Corpora/to" of[fldia UlIIi/ed (HHBC)Jorill HOlJstitg viOl!}. Mal/agell/MIis/IIt'omspol/dem-elVilh DMRC(1lU/,Wlftmeddepartmellts. This has re.lIlted into overstatement ofIl01/'ffJm"t assets hold,fOrsale tmdCOI1SOqIlSll/i(JIimpllct on pr~fit<?! tile tWltpdl!). theamountwhmoftrmld1/01bequa1lltfiodillabsmceoj"ompleledclld/rolll the Company. 2. TradeReceivables Alltrode nm'/I(Ibluall1om/ling10 1..69,921.85 Im:r(~ perJ ole o. 5) Ilovo beM01llslolldwgftrmore than3 'oarJ\ The QlIJpal!) b(Jt madeprol!iJiollfor badtJJld dOfJb(/fJ/debt· t1JlIl/lIlllllrg 10 IV, 62,727,62 laa anti (lIIo/ber SIlIn 0/Rr, 1,07,194. 3 lat's Oa/le bml sh01/l1/ as "Having Sigtli1Jcant increase in credit risJr'sincethesameisunderlitigation. AsperNoteNo.9, itisexplainedthatnoprovisionhasbeenmadefor the tame..ince the relevantcreditorswillbepaidonlYafterrecovery ojthese trade receivables, though in mostof thecasetagreementsarenottripartite. Furtherthere has been no rerovery duri1lg the p'inancial'Year2025-26 and thm is no mqjorupdate oflegal mses1/Ihit'h arependingatt'ario [Showing first 8,000 characters — download PDF for full document]