Financial Results Approval

The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and Statutory Auditors (PAR K & COMPANY), with an unmodified opinion expressed in the Limited Review Report.

Standalone Financial Performance (Q1 FY27)

  • Revenue from operations: ₹137.20 crore (Q1 FY26: ₹124.90 crore)
  • Other income: ₹5.00 crore (Q1 FY26: ₹2.66 crore)
  • Total Income: ₹142.20 crore (Q1 FY26: ₹127.56 crore)
  • Total Expenses: ₹116.77 crore (Q1 FY26: ₹106.82 crore)
  • Profit before tax: ₹25.43 crore (Q1 FY26: ₹20.74 crore)
  • Tax expense: ₹6.58 crore (Current tax: ₹6.21 crore, Deferred tax: ₹0.37 crore)
  • Profit for the period: ₹18.85 crore (Q1 FY26: ₹15.32 crore)
  • Other Comprehensive Income: ₹0.14 crore
  • Total Comprehensive Income: ₹18.99 crore
  • Basic and Diluted EPS: ₹6.63 (Q1 FY26: ₹5.39)
  • Paid-up Equity Share Capital: ₹5.69 crore (unchanged)

Consolidated Financial Performance (Q1 FY27)

  • Revenue from operations: ₹262.14 crore (Q1 FY26: ₹226.99 crore)
  • Other income: ₹3.97 crore (Q1 FY26: ₹1.26 crore)
  • Total Income: ₹266.11 crore (Q1 FY26: ₹228.25 crore)
  • Total Expenses: ₹223.99 crore (Q1 FY26: ₹197.92 crore)
  • Profit before tax: ₹42.10 crore (Q1 FY26: ₹30.33 crore)
  • Tax expense: ₹10.07 crore (Current tax: ₹10.56 crore, Deferred tax: ₹-0.49 crore)
  • Profit for the period: ₹32.05 crore (Q1 FY26: ₹22.91 crore)
  • Other Comprehensive Income: ₹0.29 crore
  • Total Comprehensive Income: ₹32.34 crore
  • Profit attributable to shareholders: ₹31.43 crore
  • Profit attributable to non-controlling interest: ₹0.62 crore
  • Basic and Diluted EPS: ₹11.05 (Q1 FY26: ₹8.03)
  • Paid-up Equity Share Capital: ₹5.69 crore (unchanged)

Subsidiary Information

The consolidated results include 15 subsidiary companies. Ten subsidiaries were reviewed by other auditors with total revenues of ₹110.96 crore and net profit of ₹11.53 crore for the quarter. Five subsidiaries were not reviewed by their auditors but were considered immaterial to the Group, with total revenues of ₹36.17 crore and net profit of ₹1.00 crore.

Management Change

The Board approved the change in designation of Ms. Rhea Parekh from Vice President (International Marketing) to Senior Vice President (International Marketing) with effect from October 1, 2026, subject to approval by members at the ensuing Annual General Meeting.

Corporate Guarantee Enhancement

The Board approved enhancement of Corporate Guarantee extended to HDFC Bank Ltd by ₹18 crores, aggregating to ₹55.10 Crores. This guarantee secures enhanced credit facilities for Carysilnox Limited (a subsidiary) to meet ongoing capacity enhancement requirements.

Mr. Chirag A. Parekh, Promoter and Chairman & Managing Director of the Company, holds 13.16% of paid-up share capital of Carysilnox Limited and serves as its Managing Director. The transaction is being undertaken on an arm's length basis.

The Corporate Guarantee will remain valid until the outstanding loan is fully repaid or until released by the lender. It will be disclosed as a contingent liability in the company's books, with no expected adverse financial impact based on current assessment.

Annual General Meeting

The 39th Annual General Meeting will be held on Tuesday, September 22, 2026 at 3:00 P.M. (IST) through Video Conferencing/Other Audio Visual Means.

Trading Window Reopening

The trading window for designated persons will reopen on Thursday, August 13, 2026, in accordance with the Company's Code of Conduct and SEBI Insider Trading Regulations.

Meeting Duration

The Board meeting commenced at 12:30 p.m. and concluded at 3:00 p.m. on August 10, 2026.