Board Meeting Details

The Board of Directors meeting was held on Monday, August 10, 2026. The meeting commenced at 5:00 PM and concluded at 6:45 PM.

Key Decisions and Approvals

1. The Board approved the Standalone Un-Audited Financial Results of the Company for the quarter ended June 30, 2026, as recommended by the Audit Committee.

2. The next Annual General Meeting (AGM) of the Company will be held on Wednesday, September 30, 2026.

3. The register of Members and Share Transfer Book of the Company will remain closed from September 23, 2026 to September 24, 2026 (both days inclusive) for the purpose of AGM.

Financial Results for Quarter Ended June 30, 2026 (Rs. in Lakhs)

Revenue Performance

  • Revenue from Operations: ₹1,198.96
  • Other Income: ₹35.62
  • Total Income: ₹1,234.58

Expense Breakdown

  • Cost of materials consumed: ₹559.40
  • Changes in inventories: ₹184.90
  • Employee benefits expense: ₹114.92
  • Finance costs: ₹49.19
  • Depreciation and amortization: ₹18.75
  • Other expenses: ₹295.11
  • Total Expenses: ₹1,222.27

Profitability Metrics

  • Profit before exceptional items and tax: ₹12.31
  • Exceptional Items: None
  • Profit before tax: ₹12.31
  • Tax Expense: ₹3.06 (Current Tax: ₹5.58, Deferred Tax: ₹(2.52))
  • Profit after tax: ₹9.25
  • Other Comprehensive Income: ₹0.13
  • Total Comprehensive Income: ₹9.39

Capital Structure

  • Paid-up Equity Share Capital: ₹1,079.73 (Face value of ₹1 per share)
  • Other Equity (Excluding Revaluation Reserves): Not specified for current period

Earnings Per Share

  • Basic and Diluted EPS (Before Extraordinary Items): ₹0.01
  • Basic and Diluted EPS (After Extraordinary Items): ₹0.01

Comparative Financial Data (Rs. in Lakhs)

Quarter Ended June 30, 2026 vs June 30, 2025

  • Revenue from Operations: ₹1,198.96 (2026) vs ₹1,088.83 (2025)
  • Total Income: ₹1,234.58 (2026) vs ₹1,090.20 (2025)
  • Profit after tax: ₹9.25 (2026) vs ₹7.30 (2025)

Quarter Ended June 30, 2026 vs March 31, 2026

  • Revenue from Operations: ₹1,198.96 (Q1) vs ₹612.97 (Q4)
  • Total Income: ₹1,234.58 (Q1) vs ₹653.72 (Q4)
  • Profit after tax: ₹9.25 (Q1) vs ₹4.26 (Q4)

Notes to Financial Results

1. The un-audited INDAS Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors. These results have been subjected to limited review by statutory auditors.

2. Financial results prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under section 133 of Companies Act 2013.

3. The Company operates mainly in one business segment: Leather and leather related products.

4. Figures for previous periods have been reclassified/rearranged/regrouped where necessary to correspond with current period classification.

Auditor Review

Kapoor Tandon & Co., Chartered Accountants (Firm Reg. No. 000952C) issued a limited review report on the unaudited financial results pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015. Partner Divyank Nigam (M. No. 438443) signed the report with UDIN: 26438443FSTBOX8744. The auditors confirmed nothing came to their attention that causes them to believe the financial results contain any material misstatement.

Compliance Confirmation

The company submitted a declaration pursuant to Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015, confirming that statutory auditors have issued a limited review report with unmodified/unqualified opinion on the standalone unaudited financial results.