Board Meeting Details

The board meeting was held on August 13, 2026, commencing at 3:00 PM and concluding at 4:00 PM. The following business was transacted:

  • Approval of unaudited financials along with limited review report for quarter ended June 30, 2026
  • Appointment of Sark and Associates LLP as secretarial auditor for FY 2026-27
  • Review of business operations of the company
  • Other matters with permission of the chair

Financial Results for Quarter Ended June 30, 2026

The unaudited standalone financial results show:

Income Statement Highlights:

  • Revenue from operations: ₹5,405.47 lakh (compared to ₹6,299.91 lakh in previous quarter ended March 31, 2026)
  • Total expenses: ₹5,352.03 lakh
  • Profit before tax: ₹53.44 lakh (compared to ₹22.68 lakh in same quarter previous year)
  • Current tax: ₹16.00 lakh
  • Profit after tax: ₹37.53 lakh (compared to ₹15.18 lakh in same quarter previous year)
  • Comprehensive income: ₹37.53 lakh

Expense Breakdown:

  • Cost of materials consumed: ₹2,782.25 lakh
  • Purchase of stock-in-trade: ₹2.98 lakh
  • Changes in inventories: ₹193.41 lakh
  • Employee benefits expenses: ₹270.25 lakh
  • Finance costs: ₹113.07 lakh
  • Depreciation and amortization: ₹130.14 lakh
  • Other expenses: ₹1,859.93 lakh

Capital Structure:

  • Paid-up equity share capital: ₹71.13 lakh (face value ₹10 per share)
  • Earnings per share (Basic): ₹5.28

Comparative Figures

Quarter ended June 30, 2025:

  • Revenue from operations: ₹34.71 lakh
  • Profit before tax: ₹22.68 lakh
  • Profit after tax: ₹15.18 lakh

Quarter ended March 31, 2026 (Audited):

  • Revenue from operations: ₹6,260.94 lakh
  • Profit before tax: ₹414.18 lakh
  • Profit after tax: ₹247.53 lakh

Audit and Compliance

  • The financial results were reviewed by the audit committee and approved by the board of directors
  • Sundarlal, Desai & Kanodia Chartered Accountants issued a limited review report with no modifications
  • The company declared that statutory auditors issued audit reports with unmodified opinion on audited financial results for the period ended June 30, 2026, pursuant to Regulation 52(3) of SEBI LODR

Business Segment Information

  • The company is engaged in manufacturing of textiles fabrics
  • The company has identified textile business as its only reportable segment

Auditor Information

  • Limited review conducted by Sundarlal, Desai & Kanodia Chartered Accountants (Firm Registration No. 110560W)
  • Review partner: Mukul B. Desai (Membership No. 33978)
  • UDIN: 26033978PZYWPF1412
  • Review conducted in accordance with Standard on Review Engagement (SRE) 2410