Board Meeting Details

The meeting commenced at 04:25 PM and concluded at 04:50 PM on November 5, 2026.

Key Approvals

1. Financial Results Approval

  • Approved Standalone Unaudited Financial Results for quarter and half year ended September 30, 2026
  • Auditor's report with unmodified opinion pursuant to Regulation 33 of SEBI LODR

2. Director Appointment

  • Appointment of Shri. Ranju Das (DIN: 12028247) as Additional Non-Executive Non-Independent Director effective November 5, 2026
  • Term: To hold office until conclusion of next Annual General Meeting/Extra-Ordinary General Meeting
  • Subject to shareholder approval in ensuing AGM/EGM
  • Profile: Executive and serial entrepreneur with 30 years experience in AI strategy, digital transformation
  • Previous roles: Chief AI & Technology Officer at lululemon (2025-2026), CEO of Optum Labs at UnitedHealth Group (2020-2023), General Manager at Amazon (2013-2020)
  • Educational qualification: B.S. in Civil and Structural Engineering from Annamalai University
  • Current roles: Board Member at FYNXT, co-founder of Foster Dreamzzz nonprofit
  • Disclosure of relationships between directors: NIL

3. Share Capital Increase

  • Approved increase in authorized share capital from existing ₹15,00,00,000 (Rupees Fifteen Crores) divided into 1,50,00,000 Equity Shares of ₹10 each
  • To ₹21,30,00,000 (Rupees Twenty-One Crores Thirty Lakhs) divided into 2,13,00,000 Equity Shares of ₹10 face value
  • Creation of additional 63,00,000 Equity Shares of ₹10 each
  • Subject to shareholder approval

Financial Results (Standalone Unaudited)

Quarter Ended September 30, 2026 (₹ in lakh)

  • Revenue from Operations: 417.13
  • Other Income: 208.35
  • Total Income: 625.48
  • Profit before tax: 204.07
  • Tax Expense: Current Tax 49.74, Deferred Tax (2.18)
  • Profit after tax: 156.51
  • Total Comprehensive Income: 158.95
  • EPS (Basic and Diluted): ₹1.08
  • Paid-up equity share capital: ₹1,452.33 lakh

Half Year Ended September 30, 2026 (₹ in lakh)

  • Revenue from Operations: 1,362.87
  • Other Income: 352.30
  • Total Income: 1,715.17
  • Profit before tax: 488.27
  • Tax Expense: Current Tax 120.61, Deferred Tax (2.19)
  • Profit after tax: 369.85
  • Total Comprehensive Income: 374.73
  • EPS (Basic and Diluted): ₹2.55

Comparative Figures (₹ in lakh)

  • Previous quarter (June 30, 2026): PAT ₹213.34, EPS ₹1.47
  • Corresponding quarter previous year (September 30, 2025): PAT ₹182.17, EPS ₹1.25
  • Previous half year (September 30, 2025): PAT ₹270.60, EPS ₹2.29
  • Previous year ended (March 31, 2026): PAT ₹493.87, EPS ₹3.40

Balance Sheet Position as at September 30, 2026 (₹ in lakh)

  • Total Assets: 13,794.35
  • Current Assets: 13,432.65 (including Cash & Cash Equivalents: 5,809.33, Investments: 5,206.02)
  • Non-current Assets: 361.70
  • Total Equity: 13,448.63
  • Current Liabilities: 317.95
  • Non-current Liabilities: 27.77

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net Cash flow from Operating Activities: ₹11.32 lakh
  • Net Cash used in Investing Activities: ₹73.44 lakh
  • Net Cash used in Financing Activities: ₹(56.33) lakh
  • Net decrease in cash and cash equivalents: ₹28.43 lakh

Additional Information

  • Principal business: Manufacturing socks (single reportable segment as per Ind AS 108)
  • Company name changed from "Virat Industries Limited" to "Brahm Virat Industries Corporation Limited" effective September 15, 2026
  • EGM held on October 1, 2026 approved related party transaction for acquisition of 70.28% stake in BWLCPL through preferential issue at ₹27 per share, aggregating ₹94,99,99,995
  • Statutory Auditors: B. K. Khare & Co., Chartered Accountants (Firm Reg No 105102W)
  • Auditors issued unmodified opinion on the financial results