Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results (Standalone and Consolidated)
Audit Opinion:
Qualified Opinion - Auditors issued qualified conclusion on both standalone and consolidated financial results
Key Financial Highlights [Rs. lakhs]:
Standalone Results:
Revenue from Operations: Rs. 4,987.03 lakhs (QoQ: +24.07% from Rs. 4,019.23 lakhs in Mar-26; YoY: +85.60% from Rs. 2,687.01 lakhs in Jun-25)
Total Income: Rs. 5,022.75 lakhs
Net Profit: Rs. 537.74 lakhs (QoQ: +1,489.27% from Rs. 33.83 lakhs in Mar-26; YoY: Improvement from loss of Rs. 375.95 lakhs in Jun-25)
EPS: Rs. 0.33 (Basic and Diluted)
Other Equity: Not specified in detail
Cash and Cash Equivalents: Not specified
Debt: Not specifically disclosed
Consolidated Results:
Revenue from Operations: Rs. 4,987.00 lakhs
Total Income: Rs. 5,022.74 lakhs
Net Profit: Rs. 470.84 lakhs
EPS: Rs. 0.29 (Basic and Diluted)
Other Equity: Negative Rs. 9,424.94 lakhs as of Mar-26
Segment-wise Performance [Rs. lakhs]:
Standalone Segment Revenue:
Manufacturing: Rs. 3,017.54 lakhs (QoQ: +126.16% from Rs. 1,334.41 lakhs)
Services: Rs. 1,969.49 lakhs (QoQ: -26.65% from Rs. 2,684.82 lakhs)
Total: Rs. 4,987.03 lakhs
Standalone Segment Results (Profit/Loss before tax and finance costs):
Manufacturing: Profit of Rs. 795.51 lakhs (QoQ: Improvement from loss of Rs. 276.77 lakhs)
Services: Profit of Rs. 171.64 lakhs (QoQ: -36.93% from Rs. 272.10 lakhs)
Total: Profit of Rs. 967.15 lakhs (QoQ: Improvement from loss of Rs. 4.67 lakhs)
Consolidated Segment Revenue:
Total: Rs. 4,987.00 lakhs
Consolidated Segment Results:
Manufacturing: Profit of Rs. 738.86 lakhs
Services: Profit of Rs. 171.64 lakhs
Total: Profit of Rs. 910.50 lakhs
Corporate Actions:
Dividend: Not declared
Share split/Bonus issue/Buyback: Not specified
Capital raising: Not specified
Other Significant Information:
Foreign currency payable and receivable balances outstanding beyond FEMA prescribed period - extension applied for with RBI Consultant
Demand notice of AED 270.20 lakhs (Rs. 6,956.83 lakhs) received for corporate guarantee issued to Bank of Baroda, Dubai for subsidiaries AOL FZE and AOL Technologies FZE
Union Bank of India SARFAESI notice for Rs. 4,973 lakhs quashed by Tribunal order dated March 24, 2026
HDFC Bank notice under Section 13(2) dated July 03, 2025 for Rs. 3,663 lakhs - reply filed
Offer letter for acquisition of AOL Technologies FZE expired on May 31, 2026 - under discussion for extension
Investment of Rs. 55 lakhs made in wholly owned subsidiary Aksh Composite Private Limited during quarter
Entities included in consolidation:
AOL FZE (Foreign Subsidiary)
AOL Technologies FZE (Foreign Subsidiary)
Aksh Technologies (Mauritius) Limited (Foreign Subsidiary)
AOL Composites (Jiangsu) Co. Limited (Foreign Step-down Subsidiary)
Aksh Composites Private Limited (Domestic Subsidiary)
Exceptional items:
Standalone: Rs. 12.62 lakhs (includes exchange fluctuation loss of Rs. 5.24 lakhs, provision/reversal for doubtful debt of Rs. 6.67 lakhs, misc balances written back net Rs. 11.19 lakhs)
Consolidated: Rs. 121.28 lakhs