Key Approvals and Financial Results

The Board of Directors considered and approved the following items:

1. The Unaudited Standalone Financial Results for the quarter ended 30th June 2026.

2. The Unaudited Consolidated Financial Results for the quarter ended 30th June 2026.

3. The Standalone and Consolidated Limited Review Reports issued by the statutory auditors, Kumar & Biju Associates LLP, on the aforementioned results.

The approval of these results is pursuant to Regulation 33 of the SEBI Listing Regulations.

Standalone Financial Results (₹ in Lakhs)

The unaudited standalone financial performance for Q1 FY27 (Quarter ended June 30, 2026) is as follows, with comparatives:

| Particulars | Q1 FY27 (Unaudited) | Q4 FY26 (Audited) | FY26 (Audited) |

| Revenue from Operations | 10,129.14 | 8,411.22 | 29,174.87 |

| Other Income | 7.20 | 23.87 | 45.76 |

| Total Income | 10,136.34 | 8,435.09 | 29,220.63 |

| Total Expenses | 9,798.05 | 8,155.05 | 28,120.21 |

| Profit Before Tax (PBT) | 338.29 | 280.04 | 1,100.42 |

| Tax Expense | 86.29 | 83.86 | 298.05 |

| - Current Tax | 84.95 | 81.96 | 291.45 |

| - Deferred Tax | 1.34 | 1.90 | 6.61 |

| Profit for the period | 252.00 | 196.18 | 802.37 |

| Earnings Per Share (Basic & Diluted) | ₹4.15 | ₹3.23 | ₹14.12 |

Consolidated Financial Results (₹ in Lakhs)

The unaudited consolidated financial performance for Q1 FY27, which includes subsidiary Esthara Jewels Private Limited (CIN: U32111KL2025PTC099500), is as follows:

| Particulars | Q1 FY27 (Unaudited) | Q4 FY26 (Audited) |

| Revenue from Operations | 10,137.76 | 8,399.15 |

| Other Income | 7.20 | 23.87 |

| Total Income | 10,144.96 | 8,423.02 |

| Total Expenses | 9,814.25 | 8,140.72 |

| Profit Before Tax (PBT) | 323.51 | 258.43 |

| Tax Expense | 85.56 | 82.01 |

| - Current Tax | 84.95 | 81.19 |

| - Deferred Tax | 0.61 | 0.82 |

| Profit for the period | 237.95 | 177.29 |

| Net Profit attributable to: | | |

| - Owners of the Company | 239.35 | 177.29 |

| - Minority Interest | -1.29 | 0.00 |

| Earnings Per Share (Basic & Diluted) | ₹3.94 | ₹2.95 |

Fund Utilization Report

A report on the utilization of proceeds from a public issue was filed for the quarter ended June 30, 2026.

  • Date of Raising Funds: June 27, 2025
  • Amount Raised: ₹15.39 Crore
  • Monitoring Agency: Not applicable
  • Deviation/Variation in use of funds: No

The utilized amounts against objects are detailed below (₹ in Lakhs):

| Object | Amount Utilized in Current Quarter | Cumulative Amount Utilized | Amount Utilized for Object | Cumulative Amount Utilized for Object |

| Funding of capital | 0.00 | 262.55 | 0.00 | 224.94 |

| Repayment of debt | 0.00 | 890.00 | 0.00 | 890.00 |

| General Corporate Purposes | 0.00 | 199.62 | 0.00 | 199.62 |

| Issue related expenses | 0.00 | 186.83 | 0.00 | 186.83 |

Signatories and Auditors

  • The disclosure was signed by Reshmi N K, Company Secretary and Compliance Officer (Membership No: A27800).
  • The financial statements were signed by:
  • Ashraf P Mohamedali Cheruparambil (Managing Director, DIN: 08094239)
  • Jahesh Karattu Vellattu (Chief Financial Officer)
  • Reshmi Nilambur Kovilakam (Company Secretary)
  • The limited review reports were issued by Kumar & Biju Associates LLP, Chartered Accountants (Firm Regn. No. 006113S), represented by Designated Partner Megha Narayana Kumar (FCA, Membership No. 241404). The reports stated that nothing came to their attention to believe the statements contain any material misstatement.