Financial Results

The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30 June 2026, along with the Limited Review Report of Statutory Auditors.

Standalone Financial Results (Rs. in Lakhs):

  • Revenue from Operations: ₹31,578.98 (Q1 FY27) vs. ₹30,581.04 (Q1 FY26)
  • Other Income: ₹660.04
  • Total Income: ₹32,239.02
  • Total Expenses: ₹31,648.81
  • Profit Before Tax: ₹590.21 vs. Loss of ₹(186.43) in Q1 FY26
  • Current Tax: ₹175.00
  • Deferred Tax: ₹(25.54)
  • Profit After Tax: ₹440.75 vs. Loss of ₹(141.32) in Q1 FY26
  • Total Comprehensive Income: ₹440.75
  • Earnings Per Share (Basic & Diluted): ₹1.29
  • Paid-up Equity Share Capital: ₹1,711.60 Lakhs (Face Value ₹5 per share)

Consolidated Financial Results (Rs. in Lakhs):

  • Revenue from Operations: ₹31,582.73
  • Profit Before Tax (after exceptional items): ₹610.67
  • Profit After Tax: ₹461.21
  • Total Comprehensive Income: ₹461.21
  • Earnings Per Share (Basic & Diluted): ₹1.35
  • Includes results of subsidiary Banswara Brands Private Limited (Revenue: ₹35.98, Net Loss: ₹72.11)
  • Includes share of profit in joint venture Tesca Textiles and Seat Components (India) Private Limited: ₹93.44

The figures for the quarter ended 31 March 2026 are balancing figures between audited full-year figures and published nine-month figures.

Approval for Investment and Execution of Agreements

The Board approved execution of a Power Consumption Agreement with CGE II Hybrid Energy Private Limited and a Share Purchase & Shareholders' Agreement with CGE II Hybrid Energy Private Limited and Continuum Green Energy Limited.

Investment Details:

  • Acquisition of 828,2576 equity shares of face value ₹10 each in CGE II Hybrid Energy Private Limited
  • Total acquisition cost: ₹8,28,25,760 (Rupees Eight Crore Twenty-Eight Lakh Twenty Five Thousand Seven Hundred Sixty only)
  • Percentage of shareholding acquired: Approximately 1.68%
  • Purpose: To enhance source of renewable power supply by 8.70 MW for company plants located at Thikariya and Dahod Road in Banswara, Rajasthan under a captive consumer model
  • Expected completion date: On or before 15 August 2026
  • Payment method: Cash consideration through online banking system
  • Not a related party transaction

Target Company Background:

  • CGE II Hybrid Energy Private Limited
  • Industry: Independent Power Producer (renewable energy)
  • Date of Incorporation: 2 December 2021
  • Turnover: ₹65.57 Crore (FY 2025-26), NIL (FY 2024-25), NIL (FY 2023-24)
  • Country of operation: India

Appointment of Key Managerial Personnel

Based on the recommendation of the Nomination & Remuneration Committee, the Board approved the appointment of Ms. Monika Bohara (ACS A60048) as Company Secretary cum Compliance Officer (Key Managerial Personnel) of the Company effective 3 August 2026.

Profile Details:

  • Age: 35 years
  • Qualifications: Associate Member of ICSI, Bachelor of Commerce (B.Com), Bachelor of Laws (LL.B)
  • Experience: Over 6 years of professional experience
  • Previous associations: M/s. Rex Pipes and Cables Industries Limited (SME Listed Company) and M/s. Bhanu Bhargava & Associates, Chartered Accountants
  • Training completed from M/s. Polycon International Limited, a public listed company

Trading Window Update

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct, the Trading Window for trading in the company's shares will be open from Monday, 3 August 2026 for Directors, Key Management Personnel, Designated Persons, Connected Persons of the Company and their relatives.