Mr. R K Garg (DIN: 00644462) resigned from the office of Chairman of the Board and Non-Executive Non-Independent Director due to ill health, effective from close of business hours on August 5, 2026.
Dr. Rabinarayan Patra (DIN: 00917044), Non-Executive Independent Director, appointed as Chairman of the Board effective August 6, 2026.
The resignation disclosure complies with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.
Financial Results Approval
Board approved Unaudited Financial Results for quarter ended June 30, 2026 together with Limited Review Report in terms of Regulation 33 of SEBI (LODR), 2015.
Meeting commenced at 12:00 Noon and concluded at 3:25 PM on August 5, 2026.
Financial Performance (Quarter Ended June 30, 2026)
Income Statement (₹ in lakhs)
Revenue from Operations: ₹13,126.13 (vs. ₹7,620.74 in Q1 FY26, +72.2% YoY)
Other Income: ₹206.43 (vs. ₹136.16 in Q1 FY26)
Total Income: ₹13,332.56 (vs. ₹7,756.90 in Q1 FY26)
Expenses
Cost of materials consumed: ₹5,567.07 (vs. ₹2,680.13 in Q1 FY26)
Employee benefits expense: ₹691.34 (vs. ₹815.37 in Q1 FY26)
Finance costs: ₹4.98 (vs. ₹7.14 in Q1 FY26)
Depreciation and amortization: ₹54.62 (vs. ₹29.45 in Q1 FY26)
Other expenses: ₹3,096.65 (vs. ₹2,381.06 in Q1 FY26)
Changes in inventories: ₹238.83 (vs. not specified for Q1 FY26)
Total Expenses: ₹11,653.49 (vs. ₹7,249.48 in Q1 FY26)
Profitability
Profit before Exceptional Items and Tax: ₹1,679.07 (vs. ₹507.42 in Q1 FY26, +231% YoY)
Exceptional Items: None in current quarter (vs. ₹505.20 in Q4 FY26)
Profit before Tax: ₹1,679.07 (vs. ₹507.42 in Q1 FY26)
Tax Expense:
Current Tax: ₹424.95 (vs. ₹179.01 in Q1 FY26)
Deferred Tax: ₹15.94 (vs. ₹1.75 in Q1 FY26)
Profit for the period: ₹1,238.18 (vs. ₹326.66 in Q1 FY26, +279% YoY)
Comprehensive Income
Other Comprehensive Income: ₹5.57 (vs. ₹3.95 in Q1 FY26)
Total Comprehensive Income: ₹1,243.75 (vs. ₹330.61 in Q1 FY26)
Share Data
Equity Share Capital: ₹783.00 lakhs (Face Value ₹10/- each, unchanged)
Earnings Per Share (Basic): ₹15.81 (not annualized)
Earnings Per Share (Diluted): ₹15.81 (not annualized)
Additional Information
Company CIN: L24299KL1989PLC005452
Company adopted Indian Accounting Standards (IND AS) from April 1, 2017
Segmental reporting not applicable as company has only one segment
