Key Decisions and Approvals

The Board of Directors meeting commenced at 4:00 PM and concluded at 5:40 PM on August 13, 2026. The Board considered and approved two main items:

1. Unaudited Financial Results for Q1 FY27: The Board approved the unaudited financial results for the quarter ended June 30, 2026. These results were previously reviewed by the Audit Committee at its meeting held on the same day (August 13, 2026).

2. Appointment of Senior Management Personnel: On the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Gagan Goyal as Vice President - Administration and his designation as a Senior Management Personnel (SMP) of the Company, effective from September 1, 2026.

Financial Results Details (Quarter Ended June 30, 2026)

  • Revenue from Operations: ₹33,039.69 lakh
  • Other Income: ₹119.48 lakh
  • Total Revenue: ₹33,159.17 lakh
  • Total Expenses: ₹32,129.03 lakh
  • Profit Before Tax: ₹1,030.14 lakh
  • Tax Expense: ₹247.00 lakh (Current Tax: ₹250.96 lakh, Deferred Tax: ₹(3.96) lakh)
  • Net Profit for the Period: ₹783.14 lakh
  • Total Comprehensive Income for the Period: ₹783.14 lakh
  • Paid-up Equity Share Capital: ₹1,609.66 lakh (Face Value of ₹2 per share)
  • Earnings Per Share (EPS): ₹0.97 (before and after extraordinary items, not annualized)

Comparative Financial Data

Quarter Ended June 30, 2026 vs. Quarter Ended March 31, 2026 (Audited):

  • Revenue from Operations decreased from ₹33,691.52 lakh to ₹33,039.69 lakh
  • Net Profit improved from loss of ₹(119.09) lakh to profit of ₹783.14 lakh

Quarter Ended June 30, 2026 vs. Quarter Ended June 30, 2025 (Unaudited):

  • Revenue from Operations increased from ₹31,207.69 lakh to ₹33,039.69 lakh
  • Net Profit increased from ₹177.99 lakh to ₹783.14 lakh

Senior Management Appointment Details

Mr. Gagan Goyal

  • Position: Vice President - Administration and Senior Management Personnel
  • Effective Date: September 1, 2026
  • Term: Full-time employment
  • Qualifications: Bachelor of Science (Honours) graduate with qualification in Business Management
  • Experience: Over 21 years of professional experience in Trade, Marketing, Finance, with extensive expertise in export and import operations, financial management, business development, and marketing strategies
  • Relationships: Son of Mr. Sushil Kumar Goyal (Managing Director of the Company) and brother of Mr. Abhey Goyal (Whole-time Director of the Company)