Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY26)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Standalone Financial Results pursuant to Regulation 30 and 33 of SEBI (LODR) Regulations, 2015
Date of Board Meeting / Approval: Thursday, August 13, 2026 (commenced at 05:45 PM, concluded at 06:15 PM)
Audit Opinion: Limited Review - No modification to conclusion. Previous year's results (Q1 FY25 and FY26) received Disclaimer of Opinion.
Auditor's Comment: Auditor's review report highlights reliance on management-certified financial results and notes that previous financial results for quarter ended June 30, 2025 (reviewed) and year ended March 31, 2026 (audited) received a Disclaimer of Opinion. References a triparty MOU with consideration of ₹21,30,00,000.
Key Financial Highlights [Amounts in ₹ Lakhs]
Standalone Results:
Revenue from Operations: Not explicitly disclosed in financial table
Total Income: ₹398.51 (Q1 FY26) vs ₹2.31 (Q1 FY25)
EBITDA: Not available
Net Profit: ₹10.31 (Q1 FY26) vs (₹30,140.74) (Q1 FY25)
EPS: Basic and Diluted: ₹0.04 (Q1 FY26) vs (₹119.55) (Q1 FY25)
Other Equity: Not disclosed
Cash and Cash Equivalents: Not disclosed
Debt: Not disclosed
Expense Breakdown (Q1 FY26):
- Employee benefits expense: ₹10.06
- Other expenses: ₹15.23
- Finance costs: ₹0.00
- Depreciation and amortization expense: Not specified in table
- Total expenses: ₹384.74
Tax Information (Q1 FY26):
- Current tax: ₹3.47
- Total tax expenses: ₹3.47
Consolidated Results:
Not applicable - Results are standalone only
Segment-wise Performance:
The management does not believe segment information would be useful as there are no reportable segments which qualify for separate disclosure as per Ind AS provisions.
Corporate Actions:
Not specified
Other Significant Information:
- Provision for current year tax for Q1 recognized; deferred tax not recognized
- Other Income for Q1 FY26: ₹0.00 (vs ₹2.31 in Q1 FY25, which was entirely interest income)
- Outstanding balances under receivables and payables are being actively tracked with ongoing follow-ups for collections and settlements
- The company was historically engaged in garments, clothing accessories, and storage/warehousing services
- Paid-up equity share capital: ₹2,521.14 lakhs (face value ₹10/- per share)
Entities Included:
The financial results include only Ashapura Intimates Fashion Limited (no subsidiaries or associates)