Board Meeting Details

The Board of Directors meeting was held on Saturday, 30 May, 2026 at the company's registered office in Ahmedabad. The meeting commenced at 03:00 p.m. and concluded at 5:15 p.m.

Key Board Decisions

The Board:

  • Approved the Audited Financial Results (Standalone) for the quarter and year ended 31st March, 2026
  • The results were recommended by the Audit Committee and include the Report of Auditors

Financial Results Overview (Standalone)

Income Statement (₹ in lakhs)

For Quarter Ended March 31, 2026:

  • Total Income: ₹19.25
  • Total Expenses: ₹106.45
  • Loss Before Exceptional Items and Tax: ₹(87.20)
  • Exceptional Items: ₹(58.08)
  • Loss Before Tax: ₹(145.28)
  • Tax Expense: ₹87.20 (Current Tax: ₹84.53, Deferred Tax: ₹2.67)
  • Loss After Tax: ₹(58.08)
  • Other Comprehensive Income: ₹-
  • Total Comprehensive Loss: ₹(58.08)
  • Basic and Diluted EPS: ₹(0.83)

For Year Ended March 31, 2026:

  • Total Income: ₹48.37
  • Total Expenses: ₹106.45
  • Loss Before Exceptional Items and Tax: ₹(58.08)
  • Exceptional Items: ₹(58.08)
  • Loss Before Tax: ₹(116.16)
  • Tax Expense: ₹58.08
  • Loss After Tax: ₹(58.08)
  • Other Comprehensive Income: ₹-
  • Total Comprehensive Loss: ₹(58.08)
  • Basic and Diluted EPS: ₹(0.83)

Comparative Figures (Year Ended March 31, 2025):

  • Total Income: ₹19.25
  • Total Expenses: ₹73.98
  • Loss Before Exceptional Items and Tax: ₹(54.73)
  • Exceptional Items: ₹(54.73)
  • Loss Before Tax: ₹(109.46)
  • Tax Expense: ₹54.73
  • Loss After Tax: ₹(54.73)
  • Other Comprehensive Income: ₹-
  • Total Comprehensive Loss: ₹(54.73)
  • Basic and Diluted EPS: ₹(0.78)

Balance Sheet Position (as of March 31, 2026)

Assets (₹ in lakhs):

  • Non-current Assets: ₹579.40
  • Property, Plant and Equipment: ₹579.39
  • Other Non-current Assets: ₹0.01
  • Current Assets: ₹157.10
  • Inventories: ₹14.48
  • Cash and Cash Equivalents: ₹8.70
  • Other Financial Assets: ₹133.93
  • Total Assets: ₹736.50

Equity and Liabilities (₹ in lakhs):

  • Equity Share Capital: ₹700.22
  • Other Equity: ₹(167.84)
  • Total Shareholders' Funds: ₹532.38
  • Current Liabilities: ₹204.12
  • Borrowings: ₹95.72
  • Trade Payables: ₹24.90
  • Other Financial Liabilities: ₹13.50
  • Other Current Liabilities: ₹70.00
  • Total Liabilities: ₹204.12

Cash Flow Statement (Year Ended March 31, 2026)

  • Cash Flow from Operating Activities: ₹512.02
  • Cash Flow from Investing Activities: ₹-
  • Cash Flow from Financing Activities: ₹(507.61)
  • Net Increase in Cash and Cash Equivalents: ₹4.41
  • Cash and Cash Equivalents at Beginning: ₹4.29
  • Cash and Cash Equivalents at End: ₹8.70

Additional Information

  • The company has a single reportable segment for the purpose of Ind AS-108
  • The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS)
  • Paid-up equity share capital remains unchanged at ₹700.22 lakh (face value of ₹10 per share)