Disclosure Context
Aplab Limited submitted this disclosure to BSE Limited pursuant to Regulation 33(3)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document contains the Un-Audited Financial Results for the first quarter and three months ended June 30, 2026. The Board of Directors approved these results at a meeting held on July 30, 2026, which commenced at 2:30 PM and concluded at 3:45 PM. The results were first reviewed by the Audit Committee and subsequently approved by the Board. The company is arranging to publish an extract of these results in English and Marathi newspapers as required under SEBI LODR.
Financial Results Summary (Amounts in ₹ Lakhs)
Income Statement for Quarter Ended June 30, 2026 (Unaudited):
- Revenue From Operations: ₹961.20 (vs. ₹1,544.70 in Q1 FY2025)
- Other Income: ₹8.69 (vs. ₹19.48 in Q1 FY2025)
- Total Income: ₹969.90 (vs. ₹1,564.18 in Q1 FY2025)
Expenses for Quarter Ended June 30, 2026 (Unaudited):
- Cost of Materials Consumed: ₹371.71
- (Increase)/Decrease in inventories: ₹93.05
- Employee Benefit Expenses: ₹379.09 (vs. ₹291.33 in Q1 FY2025)
- Finance Costs: ₹38.61 (vs. ₹68.45 in Q1 FY2025)
- Depreciation and Amortisation: ₹20.02 (vs. ₹11.78 in Q1 FY2025)
- Other Expenses: ₹373.47
- Total Expenses: ₹1,275.95 (vs. ₹1,450.76 in Q1 FY2025)
Profit/(Loss):
- Profit/(Loss) before tax: (₹306.06) (vs. Profit of ₹113.42 in Q1 FY2025)
- Tax Expense:
- Earlier Year Tax Expenses: ₹0.01
- Deferred Tax (Income)/Expense: (₹54.44)
- Profit/(Loss) for the period: (₹251.62) (vs. Profit of ₹85.14 in Q1 FY2025)
Earnings Per Share (Face Value of ₹10 each):
- Basic EPS: (₹1.60) (vs. ₹0.68 in Q1 FY2025)
- Diluted EPS: (₹1.60) (vs. ₹0.68 in Q1 FY2025)
Notes to the Financial Results
1. Preparation and Approval: The results were reviewed by the Audit Committee and approved by the Board on July 30, 2026. They are prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS).
2. Impact of New Labour Codes: Effective November 21, 2025, the Government of India consolidated 29 labour regulations into four new Labour Codes. This resulted in a one-time material increase in the provision for employee benefits due to the recognition of past service costs. The company has accounted for an estimated incremental impact of ₹58.66 lakh for the year ended March 31, 2026.
3. Comparative Figures: Figures for the quarter ended March 31, 2026 (Audited) represent the difference between the audited full-year figures and the limited reviewed figures for the nine-month period ended December 31, 2025.
4. Compliance: The format of the results has been modified to comply with SEBI Circular dated July 5, 2016, Ind AS, and Schedule III (Division II) of the Companies Act, 2013.
5. Segment Reporting: The company operates in a single segment of manufacturing, selling, and servicing professional electronic equipment. Therefore, it has no reportable segments as per Ind AS 108.
6. Investor Grievances: There were no unresolved investor complaints as of June 30, 2026. The company received no complaints during the quarter under review.
7. Availability: The financial results are also available on the company's website at www.aplab.com.
Auditor's Review Report
R. Bhargava & Associates, Chartered Accountants (Firm Registration No. 012788N), issued a limited review report on the unaudited financial results. The review was conducted pursuant to Regulation 33 of the SEBI LODR Regulations and in accordance with Standard on Review Engagements (SRE) 2410. Based on their review, nothing came to their attention that caused them to believe that the statement contains any material misstatement. The report was signed by Partner Gaurang Bhargava (Membership No. 530161) and dated July 30, 2026.