Board Meeting Details

The Board of Directors meeting was held on August 12, 2026, from 2:00 PM to 3:20 PM at the Corporate Office of the Company.

Key Board Decisions

1. Approved Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026

2. Approved Notice and Agenda for 50th Annual General Meeting scheduled for September 25, 2026 (Friday) through Video-Conferencing or other Audio-Visual Means

3. Approved cost audit report for financial year 2025-26

4. Fixed September 18, 2026 as Record Date for payment of dividend for financial year 2025-26

Standalone Financial Results (₹ in Lakhs)

Quarter Ended June 30, 2026 vs Comparative Periods

  • Total Income: ₹43,280.75 (vs ₹59,071.28 in Q1 FY26 and ₹43,240.99 in Q4 FY26)
  • Revenue From Operations: ₹42,844.57 (vs ₹58,793.62 in Q1 FY26)
  • Other Income: ₹436.18 (includes ₹199.47 lakhs profit on sale of fixed assets from closed Oil and Vanaspati Unit)
  • Total Expenses: ₹40,300.24 (vs ₹56,618.86 in Q1 FY26)
  • Profit Before Tax: ₹2,980.51 (vs ₹2,452.42 in Q1 FY26)
  • Total Tax: ₹717.08
  • Profit For The Period: ₹2,263.43 (vs ₹2,229.75 in Q1 FY26)
  • Earnings Per Share (Basic): ₹0.77 (vs ₹0.76 in Q1 FY26)
  • Paid Up Equity Share Capital: ₹2,951.63 (Face Value ₹1 per share)

Consolidated Financial Results (₹ in Lakhs)

Quarter Ended June 30, 2026 vs Comparative Periods

  • Total Income: ₹62,805.58 (vs ₹82,293.16 in Q1 FY26)
  • Revenue From Operations: ₹62,342.48 (vs ₹82,030.25 in Q1 FY26)
  • Profit Before Tax: ₹4,682.00 (vs ₹3,775.35 in Q1 FY26)
  • Profit For The Period: ₹3,551.97 (vs ₹3,347.93 in Q1 FY26)
  • Attributable to Owners: ₹3,225.42
  • Attributable to Non-Controlling Interests: ₹326.55
  • Earnings Per Share (Basic): ₹1.09 (vs ₹1.04 in Q1 FY26)

Significant Events

1. Fire Incident: On June 19, 2026, a fire occurred at one Ethanol Receiver Tank, resulting in shutdown of 200 KLPD Ethanol Plant operations. Management assessment indicates recovery through insurance claims is virtually certain, hence no net financial impact recognized.

2. Subsidiary Acquisition: Company acquired remaining interest in M/s Svaksha Distillery Limited, Kharagpur, on June 30, 2026. Consequently, no profit attributable to Non-Controlling Interest subsequent to June 30, 2026, making it a wholly-owned subsidiary.

Segment Performance (Standalone)

Quarter Ended June 30, 2026

  • Maize Oil Extraction & Refinery: Revenue ₹14,840.59 lakhs, EBIDTA ₹783.96 lakhs
  • Distillery: Revenue ₹32,975.77 lakhs, EBIDTA ₹3,278.79 lakhs
  • Real Estate: Revenue ₹68.57 lakhs, EBIDTA loss ₹33.42 lakhs
  • Oil Trading Unit: Revenue ₹1,249.06 lakhs, EBIDTA ₹34.08 lakhs

Segment Performance (Consolidated)

Quarter Ended June 30, 2026

Includes additional segments from subsidiaries:

  • Svaksha Distillery Ltd.: Revenue ₹19,524.83 lakhs, EBIDTA ₹2,516.44 lakhs
  • Goyal Distillery Pvt. Ltd.: EBIDTA loss ₹0.23 lakhs

Auditor Review

Statutory Auditors AMRG & Associates issued Limited Review Reports for both standalone and consolidated financial results, stating nothing has come to their attention causing belief that the statements contain material misstatements.

Accounting Standards

Financial results prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of Companies Act, 2013 and SEBI Listing Regulations.