Board Meeting Details
The meeting was held on Tuesday, 28th July 2026, at Sco 64/65, Huda Market, Sector-12, Faridabad, Haryana 121007. The meeting commenced at 12:30 PM and concluded at 4:00 PM.
Standalone Financial Results (Quarter Ended 30th June, 2026)
- Revenue from Operations: ₹13.50 lakh
- Other Income: ₹0.00
- Total Revenue: ₹13.50 lakh
- Total Expenses: ₹11.69 lakh
- Employee benefits expenses: ₹1.36 lakh
- Other expenses: ₹10.33 lakh
- Profit before tax: ₹1.81 lakh
- Tax expense: ₹0.00
- Profit for the period: ₹1.81 lakh
- Earnings per share (Basic and Diluted): ₹0.03
- Paid-up capital: ₹611.33 lakh (Face value ₹10 per share)
Comparative Financial Performance
Quarter Ended 30-06-2026 vs 30-06-2025:
- Revenue from Operations: ₹13.50 lakh vs ₹0.00
- Profit/(Loss): ₹1.81 lakh profit vs ₹4.81 lakh loss
- EPS: ₹0.03 vs (₹0.08)
Quarter Ended 30-06-2026 vs Year Ended 31-03-2026:
- Revenue from Operations: ₹13.50 lakh vs ₹0.00
- Profit/(Loss): ₹1.81 lakh profit vs ₹15.45 lakh loss
- EPS: ₹0.03 vs (₹0.25)
Consolidated Financial Results
The consolidated results include the financial results of the company's subsidiary, Solven Power Systems Private Limited, in which Classic Filaments holds 73.75% shareholding.
Subsidiary Information
During the quarter ended 30th June 2026, the company incorporated/acquired a subsidiary namely Solven Power Systems Pvt Ltd, which primarily deals in the business of Structural Steel Fabrication. Since no subsidiary existed during the corresponding previous periods, the comparative financial information for such periods represents the standalone financial results of the holding company only.
Auditor Review
Both standalone and consolidated financial results were reviewed by the statutory auditors, Lakhankiya & Dosi LLP (FRN No. 154114W/W100873), who issued unqualified limited review reports. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.
Accounting Standards
The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) adopted from 1st April 2017, and comply with the Companies (Indian Accounting Standards) Rules, 2015 as amended.
Business Segments
The company's business activity falls within a single primary business segment as Wholesaler in Textiles. Its subsidiary company primarily deals in Structural Steel Fabrication.