Key Decisions Approved by Board

1. Unaudited Financial Results for Q1 FY27: Approved the standalone unaudited financial results for the quarter ended June 30, 2026, along with the limited review report from statutory auditors M/s. Aayush Bohra A & Co.

2. Borrowing Limit Enhancement: Approved enhancement of overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013, up to ₹200 crore (Rupees Two Hundred Crore Only), over and above the aggregate of the Company's paid-up share capital and free reserves. This is subject to approval by members through a special resolution at the upcoming 16th Annual General Meeting.

3. Internal Auditor Appointment: Appointed M/s. N N Kumar & Associates, Chartered Accountants, Chennai (Firm Registration No. 0015049S) as internal auditors for the financial year 2026-27.

Meeting Details

The board meeting commenced at 04:00 PM and concluded at 05:05 PM on August 12, 2026.

Financial Results Summary (Standalone, Unaudited)

(All amounts in ₹ Lakhs)

Quarterly Performance Comparison

| Particulars | Q1 FY27 (30.06.2026) | Q4 FY26 (31.03.2026) | Q1 FY26 (30.06.2025) | FY26 (31.03.2026) |

| Revenue from operations | 94.17 | 584.57 | 6,920.90 | 13,231.06 |

| Other Income | 24.30 | 40.21 | 24.29 | 113.48 |

| Total Income | 118.47 | 624.78 | 6,945.19 | 13,344.54 |

| Expenses | 168.44 | 627.19 | 6,634.13 | 13,156.46 |

| Profit/(Loss) before tax | (49.96) | (2.41) | 311.06 | 188.08 |

| Tax Expenses | - | (200.01) | 78.29 | (150.14) |

| Net Profit/(Loss) after tax | (49.96) | 197.60 | 232.76 | 338.22 |

| Total Comprehensive Income | (49.96) | 197.60 | 232.76 | 338.22 |

Key Financial Metrics

  • Paid-up Equity Share Capital: ₹360.45 lakh (face value ₹10/- each), unchanged across all periods
  • Reserves (previous year): ₹2,526.56 lakh as per balance sheet of previous accounting year
  • Earnings Per Share (EPS):
  • Q1 FY27: (₹1.39) basic and diluted
  • Q1 FY26: ₹6.46 basic and diluted
  • FY26: ₹9.38 basic and diluted

Expense Breakdown (Q1 FY27)

  • Employee benefit expenses: ₹61.91 lakh
  • Finance Costs: ₹0.04 lakh
  • Depreciation and amortization: ₹6.01 lakh
  • Other expenses: ₹100.47 lakh
  • Purchase of Stock-in-trade: Nil (compared to ₹519.92 lakh in Q4 FY26 and ₹7,276.20 lakh in Q1 FY26)

Auditor's Review Report

M/s. Aayush Bohra A & Co, Chartered Accountants (FR No: 026932S), issued a limited review report stating that based on their review, nothing has come to their attention that causes them to believe that the financial results:

  • Are not prepared in accordance with applicable accounting standards
  • Do not disclose required information per SEBI Listing Regulations
  • Contain any material misstatement

Review Date: August 12, 2026

UDIN: 26264988BAOJDZ1786

Additional Notes

1. The company operates under a single segment: Trading in Coal

2. Previous period figures have been regrouped and reclassified where necessary

3. Results prepared in accordance with Indian Accounting Standards (Ind AS)

4. Financial results available on BSE website (www.bseindia.com) and company website (www.chennaiferrous.com)

5. The Q4 FY26 figures represent balancing figures between audited annual figures and published year-to-date figures