Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Clean opinion - No qualifications or modifications. Statutory auditors HR Jain & Co. issued limited review reports stating nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
Key Financial Highlights [in ₹ lakhs]:
Standalone Results:
Revenue from Operations: ₹2,238.22
Other Income: ₹56.17
Total Income: ₹2,294.39
Total Expenses: ₹2,285.57
Profit before exceptional items and tax: ₹8.82
Exceptional items: ₹0.00
Profit before tax: ₹8.82
Tax expense: ₹3.48 (Deferred Tax only)
Net Profit for the period: ₹5.34
Earnings per equity share (Basic): ₹0.02
Earnings per equity share (Diluted): ₹0.02
Paid up Equity Share Capital: ₹257.96 lakhs
Face value per share: ₹10/- each
Consolidated Results:
Total Income: ₹3,280.44
Total Expenses: ₹3,287.27
Profit before exceptional items and tax: ₹18.17
Exceptional items: ₹0.00
Profit before tax: ₹18.17
Tax expense: ₹9.75 (Current Tax: ₹3.68, Deferred Tax: ₹6.07)
Net Profit for the period: ₹8.42
Attributable to:
- Owners of the company: ₹6.93
- Non-controlling interest: ₹1.49
Earnings per equity share (Basic): ₹0.03
Earnings per equity share (Diluted): ₹0.02
Paid up Equity Share Capital: ₹257.96 lakhs
Face value per share: ₹10/- each
Segment-wise Performance [in ₹ lakhs]:
Revenue:
- Flexible Packaging Solution Activity: ₹2,708.41
- Engineering Activity: ₹80.00
- Others: ₹35.42
Total Revenue: ₹2,823.83
Segment Results (Profit/(Loss) before interest and tax):
- Flexible Packaging solution activity: (₹92.16) loss
- Engineering Activity: ₹75.91 profit
- Others: ₹19.26 profit
Total Segment Results: ₹3.01 profit
Corporate Actions:
The Company executed a Share Purchase Agreement on July 15, 2026 with certain persons for the sale of its entire stake (51.01%) in its material subsidiary company Fibcorp Polyweave Private Limited, at a sale consideration of ₹182.12 lakhs. The transaction is subject to customary compliances and is to be consummated within a period of 180 days from the date of execution of the agreement. From the date of consummation, Fibcorp Polyweave Private Limited will cease to be a subsidiary of the Company.
Other Significant Information:
The subsidiary Fibcorp Polyweave Private Limited reported total revenues of ₹1,063.17 lakhs and total net profit after tax of ₹3.07 lakhs for the quarter ended June 30, 2026. The interim financial information of the subsidiary was reviewed by other auditors.