Key Financial Figures (₹ Crore, unless specified)
Quarterly Performance (Standalone)
- Revenue from operations: ₹922.10 crore (Q1 FY27) vs ₹1,189.75 crore (Q1 FY26) - 22.5% decrease YoY
- Other income: ₹28.78 crore (Q1 FY27) vs ₹29.04 crore (Q1 FY26)
- Total income: ₹950.88 crore (Q1 FY27) vs ₹1,218.79 crore (Q1 FY26)
- Total expenses: ₹796.80 crore (Q1 FY27) vs ₹1,067.19 crore (Q1 FY26) - 25.4% decrease YoY
- Cost of material consumed: ₹222.71 crore
- Purchases of stock-in-trade: ₹196.21 crore
- Changes in inventories: ₹311.18 crore gain
- Employee benefits: ₹34.82 crore
- Finance cost: ₹3.55 crore
- Depreciation: ₹9.00 crore
- Other expenses: ₹19.33 crore
- Profit before tax: ₹154.08 crore (Q1 FY27) vs ₹151.60 crore (Q1 FY26) - 1.6% increase YoY
- Tax expenses: ₹57.91 crore
- Current tax: ₹41.66 crore
- MAT credit entitlement: ₹16.13 crore
- Deferred tax: ₹0.12 crore
- Net profit after tax: ₹96.17 crore (Q1 FY27) vs ₹107.43 crore (Q1 FY26) - 10.5% decrease YoY
- Other comprehensive income: ₹(0.01) crore loss
- Total comprehensive income: ₹96.16 crore
Comparative Figures
- Previous quarter (Q4 FY26): Revenue ₹1,186.31 crore, Net profit ₹75.24 crore
- Full year FY26 (Audited): Revenue ₹4,931.03 crore, Net profit ₹533.40 crore
Per Share Data
- Paid-up equity share capital: ₹570.11 crore (Face value ₹10 each)
- Basic and diluted EPS: ₹1.69 (Q1 FY27) vs ₹1.88 (Q1 FY26)
Accounting and Regulatory Details
Preparation Standards
The unaudited financial results were prepared in accordance with:
- Indian Accounting Standard 34 'Interim Financial Reporting'
- Section 133 of the Companies Act, 2013
- Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Segment Information
The company operates in a single reportable segment - Non-Destructive Testing Industry.
Labour Code Implementation
The company has implemented the accounting impact of the four Labour Codes notified by the Government of India on November 21, 2025, based on:
- Internal management assessment
- Best available information
- Guidance from the Institute of Chartered Accountants of India (ICAI)
The company continues to monitor finalization of Central and State Rules and will provide appropriate accounting effects as developments occur.
Previous Period Figures
Figures for previous quarters are balancing figures between audited full-year figures and published year-to-date figures that were subjected to limited review.
Auditor Review
Karia & Shah Chartered Accountants (Firm Regn No 112203W) conducted a limited review of the results under SRE 2410. Partner Siddharth Rakesh Vora (M. No. 170375) issued the review report stating:
- No material misstatements were found
- The statement complies with Regulation 33 of SEBI Listing Regulations
- Review provides moderate assurance (less than audit)