1. Financial Results

The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September 2026, along with the statement of Assets & Liabilities as on 30th September 2026 and Cash Flow Statement for the half year. The results were reviewed by M/s. K G Somani & Co. LLP, Statutory Auditors.

Standalone Key Figures (₹ Lakhs):

  • Q2 FY27 (Unaudited): Revenue from Operations: ₹35,446.23; Total Income: ₹35,836.60; Profit Before Tax: ₹1,134.18; Profit After Tax: ₹810.93
  • Q1 FY27 (Unaudited): Revenue from Operations: ₹31,578.98; Total Income: ₹32,239.02; Profit Before Tax: ₹590.21; Profit After Tax: ₹440.75
  • Q2 FY26 (Unaudited): Revenue from Operations: ₹34,456.05; Total Income: ₹34,742.58; Profit Before Tax: ₹949.96; Profit After Tax: ₹698.71
  • H1 FY27 (Unaudited): Revenue from Operations: ₹67,025.23; Total Income: ₹68,075.62; Profit Before Tax: ₹1,724.59; Profit After Tax: ₹1,251.68
  • H1 FY26 (Unaudited): Revenue from Operations: ₹65,037.09; Total Income: ₹65,705.82; Profit Before Tax: ₹763.53; Profit After Tax: ₹557.39
  • FY26 (Audited): Revenue from Operations: ₹135,578.44; Total Income: ₹136,967.42; Profit Before Tax: ₹3,895.85; Profit After Tax: ₹2,840.20

Earnings Per Share (₹):

  • Q2 FY27: Basic & Diluted: 2.37
  • Q1 FY27: Basic & Diluted: 1.29
  • H1 FY27: Basic & Diluted: 3.66
  • H1 FY26: Basic & Diluted: 1.63
  • FY26: Basic & Diluted: 8.30

Consolidated Key Figures (₹ Lakhs):

  • Q2 FY27 (Unaudited): Revenue from Operations: ₹35,487.16; Profit After Tax: ₹774.02; Total Comprehensive Income: ₹774.02
  • H1 FY27 (Unaudited): Revenue from Operations: ₹67,069.89; Profit After Tax: ₹1,235.23; Total Comprehensive Income: ₹1,235.23
  • Share of Profit in Joint Venture (H1 FY27): ₹136.18

Earnings Per Share (Consolidated, ₹):

  • Q2 FY27: Basic & Diluted: 2.26
  • H1 FY27: Basic & Diluted: 3.61

Notes to Financial Results:

  • The results are prepared in accordance with Indian Accounting Standards (Ind AS).
  • The company operates in a single reportable segment: Textiles.
  • During the quarter, the company invested ₹350 Lakhs in its wholly-owned subsidiary, Banswara Brands Private Ltd (35,00,000 equity shares of ₹10 each).
  • During the quarter, the company made a long-term investment of ₹571.21 Lakhs in equity shares of CGE II Hybrid Energy Private Limited (57,12,121 equity shares of ₹10 each).
  • Two fire incidents occurred after the quarter end (27th and 30th October 2026) at the BTM Unit and Banswara Unit. No casualties were reported. The assets are insured, and the company has initiated the insurance claim process. These are considered non-adjusting events, and no adjustment has been made to the financial results. Management does not expect a material impact.

2. Appointment of Non-Executive Independent Directors

The Board approved the appointment of Mr. Dinesh Nolkha (DIN: 00054658) and Mr. Ruzbeh Irani (DIN: 01831944) as Additional Directors in the category of Non-Executive Independent Director, not liable to retire by rotation, effective 3rd November 2026. Their term is for five consecutive years, from 3rd November 2026 to 2nd November 2031, subject to shareholder approval.

3. Appointment of Company Secretary and Compliance Officer

The Board approved the appointment of Mr. Utkarsh Gaur (Membership No. FCS 13452) as Company Secretary and Compliance Officer (Key Managerial Personnel) of the company, effective 12th November 2026.

4. Appointment of Chief Operating Officer - Garment

The Board approved the appointment of Mr. Sudhanshu Singhal as Chief Operating Officer - Garment (Senior Management Personnel) of the company, effective 2nd November 2026.

5. Postal Ballot Notice

The Board approved a Postal Ballot Notice to seek shareholder approval for the appointment of Mr. Dinesh Nolkha and Mr. Ruzbeh Irani as Non-Executive Independent Directors. The notice will be sent to shareholders in due course.

Trading Window Update

In accordance with SEBI (Prohibition of Insider Trading) Regulations and the company's code of conduct, the Trading Window for trading in the company's shares will open from Thursday, 5th November 2026 for Directors, Key Management Personnel, Designated Persons, Connected Persons, and their relatives.