Board Meeting Details
The Board of Directors meeting was held on August 11, 2026 at the Corporate Office, commencing at 12:00 Noon and concluding at 01:55 PM.
Financial Results Approval
The Board approved the Un-audited Financial Results (Standalone & Consolidated) for the Quarter ended June 30, 2026 along with Independent Auditor's Review Report.
Consolidated Financial Results (₹ lakhs)
Quarter Ended June 30, 2026:
- Revenue from operations: ₹241,171
- Total income: ₹241,617
- Total expenses: ₹232,808
- Profit before tax: ₹8,363
- Tax expense: ₹2,108 (Current tax: ₹2,300, Deferred tax: -₹192)
- Profit for the period: ₹6,255
- Earnings per share (Basic & Diluted): ₹1.86
Quarter Ended June 30, 2025 (Comparative):
- Revenue from operations: ₹106,351
- Total income: ₹106,950
- Total expenses: ₹104,362
- Profit before tax: ₹2,589
- Tax expense: ₹648
- Profit for the period: ₹1,940
- Earnings per share (Basic & Diluted): ₹0.58
Year Ended March 31, 2026:
- Revenue from operations: ₹452,967
- Total income: ₹456,564
- Total expenses: ₹445,019
- Profit before tax: ₹11,545
- Tax expense: ₹2,912
- Profit for the period: ₹8,633
Standalone Financial Results (₹ lakhs)
Quarter Ended June 30, 2026:
- Revenue from operations: ₹234,877
- Other income: ₹446
- Total income: ₹235,323
- Total expenses: ₹227,183
- Profit before tax: ₹8,140
- Tax expense: ₹2,061 (Current tax: ₹2,239, Deferred tax: -₹178)
- Profit for the period: ₹6,079
- Earnings per share (Basic & Diluted): ₹1.83
Quarter Ended June 30, 2025 (Comparative):
- Revenue from operations: ₹106,351
- Other income: ₹599
- Total income: ₹106,950
- Total expenses: ₹104,362
- Profit before tax: ₹2,589
- Tax expense: ₹648
- Profit for the period: ₹1,940
- Earnings per share (Basic & Diluted): ₹0.58
Notes to Financial Results
1. Results reviewed by Audit Committee and approved by Board on August 11, 2026. Statutory Auditors conducted limited review under Regulation 33 and issued unmodified conclusion.
2. Financial results prepared in accordance with Indian Accounting Standards (Ind AS).
3. CFO certificate in terms of Regulation 33 placed before Board.
4. Input Tax Credit difference of ₹1,288 lakhs between GSTN portal and books of holding company. Company reconciling differences - management believes no material impact on financial position.
5. Middle East conflict causing supply uncertainties and LPG price volatility. Company prioritized bulk supply (higher margins) and PCD supply under government mandate. Auto LPG division performance subdued due to higher prices and lower availability.
6. Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and unaudited nine-month figures.
7. Previous year/quarter figures regrouped or reclassified where necessary.
8. Income-Tax department conducted search in October 2025 at some premises and employee residences. No written communication received about outcome, consequently no accounting provisions made.
Auditor Reports
Consolidated Results Review:
- Joint auditors: Singhi & Co. (Firm Reg No. 302049E) and Katariya and Munot (Firm Reg No. 128438W)
- Unmodified conclusion with emphasis on GST input credit difference of ₹1,288 lakhs
- Reliance on other auditors for 19 subsidiaries representing revenue of ₹52,335 lakhs and net profit of ₹105 lakhs
- 3 subsidiaries included based on management accounts (revenue ₹452 lakhs, net profit ₹68 lakhs) not reviewed by their auditors
- 1 associate and 10 step-down joint ventures included based on unaudited management information (net loss ₹1 lakh)
Standalone Results Review:
- Same joint auditors
- Unmodified conclusion with emphasis on GST input credit difference
Subsidiary and Associate Structure
Document lists 41 entities including 22 subsidiaries, 18 step-down joint ventures, and 1 associate company as of June 30, 2026.