The Board considered and approved the following items:
1. The Unaudited Financial Results for the quarter ended June 30, 2026, as recommended by the Audit Committee.
2. The Director's Report for the financial year ended 31st March, 2026.
3. The Notice of the 32nd Annual General Meeting (AGM) of the company, scheduled for Thursday, September 24, 2026, at 11:00 A.M. to be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM).
4. The appointment of M/s. Dilip Swarnkar & Associates, Practicing Company Secretaries, as the Scrutinizer for conducting the voting process of the AGM.
5. The fixation of the "Cut-off Date" as Thursday, September 17, 2026, for determining members eligible to vote on resolutions or attend the AGM.
The company enclosed the Unaudited Financial Results for the quarter ended June 30, 2026, and the Limited Review Report issued by the statutory auditors, M/s. J.S. Uberoi & Co., Chartered Accountants (FRN: 111107W).
Financial Results Highlights (Quarter Ended June 30, 2026)
All figures are in ₹ Lakhs, except Earnings Per Share (EPS)
Profitability:
- Total Income: ₹235.75 Lakhs
- Realty & Investments Income: ₹46.27 Lakhs
- Derivative Trading Business Income: ₹189.48 Lakhs
- Total Expenses: ₹53.90 Lakhs
- Employee Benefit Expenses: ₹3.56 Lakhs
- Finance Cost: ₹23.85 Lakhs
- Depreciation: ₹0.67 Lakhs
- Investment Fluctuation Loss: ₹12.71 Lakhs
- Professional and Legal Fees: ₹7.03 Lakhs
- Other Expenses: ₹6.08 Lakhs
- Profit Before Tax: ₹181.85 Lakhs
- Tax Expense: ₹47.28 Lakhs (Current Tax)
- Net Profit After Tax: ₹134.57 Lakhs
- Earnings Per Share (EPS): Basic and Diluted EPS of ₹3.35
Comparative Figures:
- The company reported a Net Profit After Tax of ₹134.57 Lakhs for Q1 FY27, a significant improvement from a Net Loss of ₹(379.54) Lakhs in Q1 FY26 and a Net Loss of ₹(488.72) Lakhs in Q4 FY26.
Capital Structure:
- Paid-up Equity Share Capital (Face Value ₹10 each): ₹402.00 Lakhs (unchanged from previous periods).
Segment-Wise Performance (Quarter Ended June 30, 2026)
- Garments: Segment discontinued effective April 1, 2025. Revenue and results are nil.
- Realty & Investments: Segment Revenue of ₹46.27 Lakhs; Segment Result of ₹16.22 Lakhs.
- Derivative Trading Business: Segment Revenue/Result of ₹189.48 Lakhs.
Assets and Liabilities (As of June 30, 2026)
- Total Assets: ₹4,954.72 Lakhs
- Non-Current Assets: ₹3,989.37 Lakhs
- Current Assets: ₹965.35 Lakhs
- Current Investments: ₹854.55 Lakhs
- Cash and Cash Equivalents: ₹45.20 Lakhs
- Total Equity: ₹1,267.01 Lakhs
- Equity Share Capital: ₹402.00 Lakhs
- Other Equity: ₹865.01 Lakhs
- Total Liabilities: ₹3,687.71 Lakhs
- Non-Current Liabilities: ₹987.78 Lakhs
- Borrowings: ₹893.37 Lakhs
- Current Liabilities: ₹2,699.93 Lakhs
- Borrowings: ₹2,232.02 Lakhs
- Trade Payables: ₹318.08 Lakhs
Notes to the Financial Results
1. The results were reviewed by the Audit Committee and approved by the Board on 07/08/2026.
2. The company discontinued its garment segment with effect from 01.04.2025.
3. The segment of derivatives trading has been introduced separately for clarity, and corresponding figures have been regrouped.
4. Realty and Investment Income includes Rent Income, Dividend, and Short-term Capital Gain on Equity investment.
5. An error in the revaluation of a building in the September 2024 quarter was corrected in the March 2025 quarter.
6. Assets and liabilities from the discontinued garment segment have been transferred to the realty segment or classified as unallocable.