Key Financial Figures - Standalone (₹ in lakhs)

Revenue & Income:

  • Revenue from operations: ₹5,668.82 lakhs (Net Sales: ₹5,586.32 lakhs + Other operating income: ₹82.50 lakhs)
  • Other income: ₹50.73 lakhs
  • Total income: ₹5,719.54 lakhs

Expenses:

  • Cost of materials consumed: ₹4,022.89 lakhs
  • Changes in inventories: (₹248.07) lakhs (negative indicates decrease)
  • Erection & subcontracting: ₹781.50 lakhs
  • Employee benefits: ₹407.70 lakhs
  • Finance costs: ₹117.79 lakhs
  • Depreciation: ₹49.54 lakhs
  • Other expenses: ₹519.38 lakhs
  • Total expenses: ₹5,650.72 lakhs

Profitability:

  • Profit before exceptional items and tax: ₹68.82 lakhs
  • Total tax expense: ₹23.34 lakhs (Current tax: ₹17.18 lakhs, Deferred tax: ₹0.52 lakhs, Prior year tax: ₹5.65 lakhs)
  • Profit for the period: ₹45.48 lakhs
  • Other comprehensive income: ₹667.81 lakhs
  • Total comprehensive income: ₹(622.33) lakhs (loss)

Per Share Data (face value ₹2):

  • Basic EPS: ₹0.39
  • Diluted EPS: ₹0.39

Key Financial Figures - Consolidated (₹ in lakhs)

Revenue & Income:

  • Revenue from operations: ₹5,668.82 lakhs (Net Sales: ₹5,586.32 lakhs + Other operating income: ₹82.50 lakhs)
  • Other income: ₹50.73 lakhs
  • Total income: ₹5,719.54 lakhs

Expenses:

  • Total expenses: ₹5,650.72 lakhs

Profitability:

  • Profit before exceptional items, share of JV/associate and tax: ₹68.82 lakhs
  • Share of profit from joint ventures/associate: ₹1.86 lakhs
  • Profit before tax: ₹70.68 lakhs
  • Total tax expense: ₹23.34 lakhs
  • Profit for the period: ₹47.34 lakhs
  • Other comprehensive income: ₹592.50 lakhs
  • Total comprehensive income: ₹(545.16) lakhs (loss)

Per Share Data (face value ₹2):

  • Basic EPS: ₹0.41
  • Diluted EPS: ₹0.41

Operational Highlights

  • Single reporting segment: Power transmission and distribution business
  • Ongoing/invoked arbitration proceedings against three customers for recovery of outstanding balances totaling ₹8,595.50 lakhs (₹85.96 crore) net of provision as of June 30, 2026
  • Management determined no adjustments necessary in financial results based on legal evaluation

Strategic Developments

  • Acquired 26% equity stake in Anant Grid Projects One Pvt. Ltd. for ₹7.03 lakhs during the quarter
  • Investment classified as associate and carried at cost
  • Company's share of associate's loss: ₹2.84 lakhs for the quarter

Joint Ventures & Associates

Joint Ventures (5 entities):

  • Bajaj Electricals Employees' Welfare Funds Fund no.1-4
  • Bajaj Electricals Employees' Housing Welfare Fund
  • Company's share of net profit from JVs: ₹21.46 lakhs
  • Company's share of total comprehensive income from JVs: ₹753.07 lakhs

Associate (1 entity):

  • Anant Grid Projects One Private Limited
  • Company's share of net loss: ₹2.84 lakhs
  • Company's share of total comprehensive loss: ₹2.84 lakhs

Exceptional Items

  • Exceptional items comprise impact of Labour Codes on employee benefits: ₹772.06 lakhs for year ended March 31, 2026
  • No exceptional items for current quarter

Auditor Qualifications

  • Auditors drew attention to Note 2 regarding arbitration proceedings with three customers
  • Confirmed that outcome cannot be presently determined
  • Conclusion not modified regarding this matter

Capital Structure

  • Paid-up equity share capital: Face value of ₹2 per share
  • Previous period figures have been regrouped/reclassified where necessary