Board Meeting Outcomes

The Board of Directors meeting commenced at 05:00 PM IST and concluded at 06:30 PM IST on 12th August 2026. The following matters were considered and approved:

  • Approved the unaudited standalone financial statements for the quarter ended 30th June 2026 along with the limited review report of the statutory auditors.
  • Accepted the resignation of Ms. Anand Anitha (DIN: 02040505) as Director of the Company.
  • Addressed any other business.

Financial Results Analysis (Quarter Ended 30th June 2026)

Income Statement Highlights (Amounts in ₹ Lakhs)

Revenue Performance:

  • Revenue from Operations: ₹4,621.68 lakhs (Q1 2026) vs. ₹715.00 lakhs (Q1 2025) - 546% increase YoY
  • Other Income: ₹7.65 lakhs (Q1 2026) vs. ₹1.62 lakhs (Q1 2025)
  • Total Income: ₹4,629.33 lakhs (Q1 2026) vs. ₹716.62 lakhs (Q1 2025)

Expense Breakdown:

  • Purchases of Stock-in-Trade: ₹4,903.20 lakhs
  • Changes in inventories: (₹603.00) lakhs
  • Employee benefit expense: ₹23.72 lakhs
  • Finance Costs: ₹0.53 lakhs
  • Depreciation and amortization: ₹2.06 lakhs
  • Other expenses: ₹18.81 lakhs
  • Total Expenses: ₹4,345.32 lakhs

Profitability Metrics:

  • Profit from operations before tax: ₹284.01 lakhs vs. loss of ₹49.98 lakhs (Q1 2025)
  • Tax Expense: ₹71.71 lakhs (Current Tax: ₹71.73 lakhs, Deferred Tax: (₹0.02) lakhs)
  • Net Profit after Tax: ₹212.30 lakhs vs. net loss of ₹49.98 lakhs (Q1 2025)
  • Total Comprehensive Income: ₹212.30 lakhs

Per Share Data:

  • Paid-up equity share capital: ₹2,370.79 lakhs (Face Value of ₹10 each)
  • Basic EPS: ₹0.90 vs. (₹0.21) (Q1 2025)
  • Diluted EPS: ₹0.90 vs. (₹0.21) (Q1 2025)

Comparative Performance

Quarterly Comparison (Q1 2026 vs Q1 2025):

  • Revenue growth: +546%
  • Profit turnaround: from loss of ₹49.98 lakhs to profit of ₹212.30 lakhs
  • EPS improvement: from (₹0.21) to ₹0.90

Sequential Comparison (Q1 2026 vs Q4 2025):

  • Revenue: ₹4,621.68 lakhs vs. ₹3,540.60 lakhs (+30.5% QoQ)
  • Net Profit: ₹212.30 lakhs vs. ₹106.33 lakhs (+99.7% QoQ)
  • EPS: ₹0.90 vs. ₹0.45

Regulatory Compliance Statements

Regulation 32 Compliance:

The company submitted an undertaking confirming that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable as the company has not issued any shares by way of Public Issue, Right Issue, Preferential Issue etc. during the quarter ended 30th June 2026.

Auditor Declaration:

The company declared that the auditor, M/s PPN & Company Chartered Accountants, issued a limited review report with unmodified opinion on the Un-Audited Standalone Financial Results for the quarter ended 30th June 2026, in compliance with Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015.

Additional Information

  • The financial results were prepared in accordance with Ind AS 34 "Interim Financial Reporting"
  • The company operates in only one business segment, hence segment disclosure is not applicable
  • The company does not have any subsidiary/associate/joint venture entities
  • There were no exceptional and extra-ordinary items for the reporting period
  • EPS computation is based on weighted average number of equity shares outstanding
  • Figures for previous periods have been regrouped/reclassified wherever necessary