Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30th June 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results
Audit Opinion:
Unqualified limited review report issued by statutory auditors M M Reddy & Co.
Key Financial Highlights [All amounts in lakhs rupees]:
Standalone Results:
Revenue from Operations:
- Q1 FY27: ₹2,402.64 lakh
- Previous Quarter (Q4 FY26): ₹2,565.29 lakh (QoQ: -6.34%)
- Year-ago Quarter (Q1 FY26): ₹2,733.43 lakh (YoY: -12.10%)
- Full Year FY26: ₹10,084.53 lakh
Other Income:
- Q1 FY27: ₹6.39 lakh
- Previous Quarter: ₹10.14 lakh
- Year-ago Quarter: ₹3.45 lakh
- Full Year FY26: ₹28.20 lakh
Total Revenue:
- Q1 FY27: ₹2,409.03 lakh
- Previous Quarter: ₹2,575.43 lakh
- Year-ago Quarter: ₹2,736.87 lakh
- Full Year FY26: ₹10,112.73 lakh
Expenses Breakdown:
- Cost of materials consumed: ₹1,319.07 lakh
- Changes in inventories: ₹33.29 lakh
- Employee Benefit Expenses: ₹506.04 lakh (significant increase from ₹270.92 lakh YoY)
- Financial costs: ₹98.73 lakh
- Depreciation and amortization: ₹214.33 lakh
- Other Expenses: ₹285.97 lakh
Total Expenses: ₹2,390.84 lakh
Profit before exceptional items & tax: ₹18.18 lakh (improved from loss of ₹152.22 lakh in previous quarter)
Exceptional items: None
Profit before tax: ₹18.18 lakh (compared to loss of ₹152.22 lakh previous quarter and profit of ₹103.37 lakh year-ago)
Tax Expense:
- Current tax: ₹11.87 lakh
- Deferred tax: (₹11.16) lakh
- Prior Year Taxes: None
- Total Tax Expense: ₹0.71 lakh
Profit after tax: ₹17.48 lakh (significant improvement from loss of ₹103.52 lakh in previous quarter)
Other Comprehensive income: None
Total comprehensive income: ₹17.48 lakh
Paid-up equity share capital: ₹1,292.10 lakh (consistent across periods)
Earnings per share (Face value of ₹10 each):
- Basic: ₹0.14
- Diluted: ₹0.14
- Previous Quarter: (₹0.80)
- Year-ago Quarter: ₹0.45
- Full Year FY26: ₹0.14
Segment-wise Performance:
The Company operates in only one segment, namely steel products. Segment information is not applicable.
Corporate Actions:
Not Specified
Other Significant Information:
- No exceptional items reported
- No change in accounting policy disclosed
- No forward-looking guidance or management outlook provided