Board Meeting Details

The meeting was held at the company's registered office at 33/2, A.B. Road Pigdamber Rao, Indore MP 453446, India, commencing at 3:00 PM and concluding at 8:00 PM.

Financial Results - Standalone (₹ in lacs except EPS)

Quarter Ended June 2026 Performance:

  • Revenue from operations: ₹2,393.05 (compared to ₹3,139.56 in Mar-26 and ₹1,911.07 in Jun-25)
  • Other Income: ₹582.93 (includes unrealized profit from increase in fair market value of investments)
  • Total income: ₹2,975.98
  • Total expenses: ₹2,872.14
  • Profit before tax: ₹103.84 (compared to ₹304.44 in Mar-26 and ₹1,177.59 in Jun-25)
  • Tax expenses: None recorded for current quarter
  • Net profit for the period: ₹103.84 (compared to ₹135.70 in Mar-26 and ₹1,177.59 in Jun-25)
  • Other comprehensive income: ₹5.93
  • Total comprehensive income: ₹109.78
  • Paid-up equity share capital: ₹2,104.06 (face value ₹10 each)
  • Basic and diluted EPS: ₹0.52

Year Ended March 2026 Comparison:

  • Revenue from operations: ₹10,580.96
  • Other Income: ₹1,572.06
  • Total income: ₹12,153.02
  • Total expenses: ₹10,488.97
  • Profit before tax: ₹1,664.05
  • Tax expenses: ₹168.74 (₹300.00 current tax, ₹115.67 deferred tax benefit, ₹15.59 tax related to earlier years)
  • Net profit: ₹1,495.31
  • Other comprehensive loss: ₹88.40
  • Total comprehensive income: ₹1,406.91
  • Basic and diluted EPS: ₹6.69

Financial Results - Consolidated (₹ in lacs except EPS)

Quarter Ended June 2026 Performance:

  • Revenue from operations: ₹2,393.05
  • Other Income: ₹576.80
  • Total income: ₹2,969.35
  • Total expenses: ₹2,871.81
  • Profit before tax: ₹98.04
  • Tax expenses: None recorded for current quarter
  • Net profit for the period: ₹98.04
  • Other comprehensive income: ₹5.93
  • Total comprehensive income: ₹103.97
  • Paid-up equity share capital: ₹2,104.06 (face value ₹10 each)

Subsidiary Performance:

Norfolk Mercantile Private Limited (subsidiary) reported total revenues of ₹Nil lakhs, total net loss of ₹0.03 lakhs, and total comprehensive loss of ₹0.03 lakhs for both the quarter ended 30th June 2026 and the period from 1st April 2026 to 30th June 2026.

Additional Information

  • The figures for previous years/periods may have been regrouped/reclassified/restated wherever necessary
  • The statement includes financial results for the quarter ended 30th June 2026 as the balancing figure between audited figures for the full financial year ended March 31, 2026 and published unaudited year-to-date figures
  • The 38th Annual General Meeting notice was approved by the Board