Key Financial Performance (Quarter Ended 30/09/2026)

  • Revenue from operations: ₹18,981.67 lakhs (28% increase YoY from ₹14,821.39 lakhs in Q2 FY26)
  • Other Income: ₹94.87 lakhs (compared to negative ₹24.13 lakhs in Q2 FY25)
  • Total Income: ₹19,076.54 lakhs
  • Profit before tax: ₹1,470.36 lakhs (27% decrease from ₹5,540.67 lakhs in Q1 FY27, 27% decrease YoY from ₹2,022.23 lakhs)
  • Tax expense: ₹374.51 lakhs (comprising current tax of ₹441.00 lakhs and deferred tax credit of ₹66.49 lakhs)
  • Profit for the period: ₹1,095.85 lakhs (76% decrease from ₹4,529.15 lakhs in Q1 FY27, 26% decrease YoY from ₹1,483.91 lakhs)
  • Total comprehensive income: ₹623.83 lakhs (87% decrease from ₹4,856.10 lakhs in Q1 FY27, 42% decrease YoY from ₹1,070.22 lakhs)
  • Earnings per share (Basic & Diluted): ₹18.76 (compared to ₹77.53 in Q1 FY27 and ₹25.40 in Q2 FY25)

Half-Year Performance (Ended 30/09/2026)

  • Revenue from operations: ₹36,036.83 lakhs (35% increase YoY from ₹26,793.49 lakhs)
  • Other Income: ₹3,733.47 lakhs (110% increase YoY from ₹1,779.68 lakhs)
  • Profit before tax: ₹7,011.03 lakhs (25% increase YoY from ₹5,620.76 lakhs)
  • Profit for the period: ₹5,625.00 lakhs (29% increase YoY from ₹4,354.99 lakhs)
  • Total comprehensive income: ₹5,479.93 lakhs (9% increase YoY from ₹5,031.30 lakhs)
  • Earnings per share (Basic & Diluted): ₹96.29 (compared to ₹74.55 in H1 FY25)

Balance Sheet Position (As at 30/09/2026)

  • Total Assets: ₹80,661.23 lakhs (5% increase from ₹77,038.89 lakhs as at 31/03/2026)
  • Non-current assets: ₹59,835.92 lakhs (including investments of ₹36,180.50 lakhs)
  • Current assets: ₹20,825.31 lakhs (including inventories of ₹9,827.23 lakhs and trade receivables of ₹5,778.49 lakhs)
  • Total Equity: ₹74,604.56 lakhs (6% increase from ₹70,585.10 lakhs)
  • Paid-up share capital: ₹584.54 lakhs (unchanged)
  • Other equity: ₹74,020.02 lakhs (6% increase from ₹70,000.56 lakhs)

Cash Flow Statement (Half-Year Ended 30/09/2026)

  • Net cash from operating activities: ₹2,806.53 lakhs (44% decrease YoY from ₹5,047.95 lakhs)
  • Net cash used in investing activities: ₹1,199.89 lakhs (79% improvement YoY from ₹5,679.58 lakhs used)
  • Net cash used in financing activities: ₹1,654.35 lakhs (primarily due to dividend payment of ₹1,460.47 lakhs)
  • Net decrease in cash: ₹47.71 lakhs
  • Cash and cash equivalents (closing): ₹247.16 lakhs

Significant Notes and Disclosures

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on 14th November, 2026.

2. Statutory auditors (Singhi & Co.) conducted a limited review and issued an un-modified opinion.

3. The company operates in a single business segment - Jute Goods.

4. Pursuant to Gazette notifications from the Office of the Jute Commissioner revising sale prices of jute bags supplied to State Procurement Agencies in earlier years, the company recognized additional revenue of ₹545.86 lakhs for Q2 FY27 and ₹739.78 lakhs for H1 FY27.

5. Other income for Q2 FY25 was negative primarily due to loss on fair valuation of investments measured at FVTPL.

6. The company has no subsidiary, associate, or joint venture as of 30th September, 2026.

Meeting Details

  • Board meeting held on 14th November, 2026
  • Commenced at 11:30 a.m. and concluded at 12:40 p.m.