The Board approved the following items:

  • Approval of Quarterly Unaudited Financial Statements (Standalone & Consolidated) for the Period ended June 30, 2026
  • Other Business Matters

In accordance with the Company's Code of Practices and Procedures and Code of Conduct read with SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the company's shares shall remain closed till 48 hours after the declaration of the outcome of the Board Meeting.

Financial Results - Consolidated (Q1 FY27)

Income Statement (Figures in ₹ Lakhs):

  • Revenue From Operations: ₹1,012.37
  • Other Income: ₹66.67
  • Total Income: ₹1,079.04

Expenses:

  • Cost of Material Consumed: ₹848.72
  • Changes in Inventories: (₹87.73)
  • Employee Benefits Expense: ₹28.37
  • Finance costs: ₹10.70
  • Depreciation and amortization: ₹12.55
  • Other expenses: ₹38.38
  • Total expenses: ₹850.99

Profitability:

  • Profit before tax: ₹228.05
  • Tax expense: ₹57.79 (Current tax: ₹52.28, Deferred tax: ₹0.94, Excess provision: ₹4.57)
  • Profit for the period: ₹170.26
  • Other Comprehensive Income: ₹0
  • Total Comprehensive Income: ₹170.26

Share Data:

  • Paid-up Equity Share Capital: ₹3,130.56 lakhs (Face Value ₹5 per share)
  • Earnings per share (Basic): ₹0.27
  • Earnings per share (Diluted): ₹0.27

Financial Results - Standalone (Q1 FY27)

Income Statement (Figures in ₹ Lakhs):

  • Revenue From Operations: ₹147.77
  • Other Income: ₹26.46
  • Total Income: ₹174.23

Expenses:

  • Employee Benefits Expense: ₹13.86
  • Finance costs: ₹13.45
  • Depreciation and amortization: ₹4.12
  • Other expenses: ₹30.58
  • Total expenses: ₹62.01

Profitability:

  • Profit before tax: ₹112.22
  • Tax expense: ₹30.68 (Current tax: ₹24.22, Deferred tax: ₹1.89, Excess provision: ₹4.57)
  • Profit for the period: ₹81.54
  • Other Comprehensive Income: ₹0
  • Total Comprehensive Income: ₹81.54

Share Data:

  • Paid-up Equity Share Capital: ₹3,130.56 lakhs (Face Value ₹5 per share)
  • Earnings per share (Basic): ₹0.13
  • Earnings per share (Diluted): ₹0.13

Segment Information - Consolidated

Revenue:

  • Manufacturing of Racks: ₹891.88 lakhs
  • Information Technology: Not specified
  • Biofuels: Not specified
  • Investment: Not specified
  • Total Segment Revenue: ₹1,031.06 lakhs

Segment Results:

  • Manufacturing of Racks: ₹59.64 lakhs
  • Information Technology: (₹11.99) lakhs
  • Biofuels: ₹70.26 lakhs
  • Investment: ₹72.86 lakhs
  • Total Segment Results: ₹190.77 lakhs

Corporate Actions and Capital Structure Notes

1. The subsidiary, Alphalogic Industries Limited, made a preferential issue of 18,00,000 convertible warrants at ₹28 per warrant, approved at AGM on September 24, 2025, and allotted on January 1, 2026.

2. The company made various bonus issues and warrant conversions in previous periods:

  • 1,41,33,695 bonus equity shares in ratio 14:48 on July 16, 2024
  • Conversion of 7,70,000 warrants to equity shares on May 8, 2024, with 2,56,666 bonus shares
  • Conversion of 4,47,000 warrants to equity shares on February 14, 2024, with 1,48,999 bonus shares
  • Bonus issue of 1,17,12,118 equity shares in ratio 1:3 on December 23, 2023