The Board meeting commenced at 10:45 AM (IST) and concluded at 03:20 PM (IST).
Financial Results for Quarter Ended June 30, 2026 (Unaudited)
Income Statement Highlights (₹ in lakh):
- Revenue from Operations: ₹210.86 (vs. ₹184.64 in Q1 2025)
- Other Income: ₹0.76 (vs. ₹0.90 in Q1 2025)
- Total Income: ₹211.62 (vs. ₹185.54 in Q1 2025)
Expenditure Breakdown (₹ in lakh):
- Cost of Material Consumed: ₹86.42 (vs. ₹134.91 in Q1 2025)
- Change in Inventory: ₹18.06 (vs. ₹(65.16) in Q1 2025)
- Employees Benefits Expense: ₹33.04 (vs. ₹34.40 in Q1 2025)
- Finance Cost: ₹16.89 (vs. ₹17.04 in Q1 2025)
- Depreciation and Amortization: ₹10.93 (vs. ₹15.45 in Q1 2025)
- Establishment & Other Expenses: ₹41.98 (vs. ₹57.92 in Q1 2025)
- Total Expenses: ₹207.32 (vs. ₹194.56 in Q1 2025)
Profitability Metrics (₹ in lakh):
- Profit Before Tax: ₹4.30 (vs. ₹(9.02) loss in Q1 2025)
- Tax Expense: ₹0 (vs. ₹0 in Q1 2025)
- Net Profit for the Period: ₹4.30 (vs. ₹(9.02) loss in Q1 2025)
- Total Comprehensive Income: ₹4.30 (vs. ₹(9.02) loss in Q1 2025)
Capital Structure:
- Paid-up Equity Share Capital (Face Value ₹10 each): ₹585.71 lakh
- Other Equity: Not specified for current quarter
Per Share Data:
- Basic & Diluted EPS (continuing operations): ₹0.07 (vs. ₹(0.15) in Q1 2025)
- Basic & Diluted EPS (total): ₹0.07 (vs. ₹(0.15) in Q1 2025)
Comparative Performance
Quarterly Comparison (Q1 2026 vs Q1 2025):
- Revenue growth: 14.2% YoY (₹210.86 lakh vs ₹184.64 lakh)
- Profit turnaround: From loss of ₹9.02 lakh to profit of ₹4.30 lakh
- EPS improvement: From ₹(0.15) to ₹0.07
Annual Reference Points:
- FY2026 Audited Revenue: ₹793.53 lakh
- FY2026 Audited Net Loss: ₹(86.73) lakh
- FY2026 Audited EPS: ₹(1.48)
Regulatory and Compliance Information
- The financial results were reviewed by the Audit Committee and approved by the Board of Directors
- Statutory Auditors (Diyali B & Associates) conducted a limited review and issued an unqualified opinion
- Preparation standards: Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of Companies Act, 2013
- The company operates in one business segment: "Manufacturing and marketing of cotton canvas"
- Deferred tax provision will be made at year-end
- Previous periods' figures have been regrouped/reclassified where necessary