Board Meeting Details

The Board Meeting commenced at 12:40 p.m. and concluded at 3:45 p.m. on August 12, 2026.

Key Items Approved

1. Financial Results

The Board approved the Unaudited Standalone Financial Statements of the Company as per IND AS for the quarter ended June 30, 2026.

2. Annual General Meeting

The Board approved convening of the 32nd Annual General Meeting (AGM) of the Company on Friday, September 11, 2026, at 11:00 a.m. (IST) through Video Conferencing/Other Audio-Visual Means.

3. Dividend

The Board noted that in their meeting held on May 25, 2026, they had recommended a final dividend of 10% on equity shares of face value of ₹2 each (₹0.20 per share) for the financial year ended March 31, 2026.

The Company has fixed Friday, August 28, 2026, as the Record Date for determining entitlement to the final dividend.

The dividend, if approved by shareholders, will be paid on or before October 10, 2026.

Financial Results for Quarter Ended June 30, 2026 (Unaudited Standalone)

Income Statement Highlights (Amounts in ₹ Lakhs)

  • Total Income: ₹600.64 lakhs
  • Revenue from operations: ₹372.11 lakhs
  • Other income: ₹224.57 lakhs
  • Expenses: ₹49.37 lakhs
  • Employee benefits expense: ₹22.61 lakhs
  • Other expenses: ₹65.19 lakhs
  • Depreciation expense: ₹0.57 lakhs
  • Finance costs: Not applicable for current quarter (was ₹0.99 lakhs in previous quarter)
  • Total Profit Before Tax: ₹511.31 lakhs
  • Tax Expense: ₹69.90 lakhs
  • Current tax: ₹70.00 lakhs
  • Deferred tax: (₹0.10) lakhs
  • Profit for the Period: ₹447.41 lakhs
  • Other Comprehensive Income: ₹2,247.87 lakhs (primarily from equity instruments through other comprehensive income)
  • Total Comprehensive Income: ₹2,689.24 lakhs

Comparative Performance

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

| Total Income | ₹600.64 lakhs | ₹356.20 lakhs | ₹660.46 lakhs | ₹2,044.42 lakhs |

| Profit Before Tax | ₹511.31 lakhs | ₹269.14 lakhs | ₹581.10 lakhs | ₹1,723.35 lakhs |

| Profit for Period | ₹447.41 lakhs | ₹269.12 lakhs | ₹441.20 lakhs | ₹1,479.62 lakhs |

| Basic EPS (₹) | 1.10 | 0.67 | 1.09 | 3.67 |

Capital Structure

  • Paid-up equity share capital: ₹806.04 lakhs (face value ₹2 per share)
  • Reserves excluding revaluation reserves as per previous accounting year: ₹19,910.63 lakhs

Segment Information (Quarter Ended June 30, 2026)

The company operates in two segments: Investment and Constructions.

Segment Revenue:

  • Total: ₹600.64 lakhs
  • Investment: ₹533.45 lakhs (includes Rent Income, Interest on Fixed Deposits and Other Financial Income)
  • Constructions: ₹(5.27) lakhs

Segment Results:

  • Total segment results: ₹524.18 lakhs
  • Less: Unallocated expenses net of income: ₹16.47 lakhs
  • Profit Before Tax: ₹511.31 lakhs

Segment Assets:

  • Total segment assets: ₹23,599.54 lakhs
  • Investment: ₹22,053.14 lakhs
  • Constructions: ₹1,546.40 lakhs
  • Unallocated corporate assets: ₹1,458.58 lakhs
  • Total assets: ₹25,058.12 lakhs

Segment Liabilities:

  • Total segment liabilities: ₹381.01 lakhs
  • Investment: ₹376.41 lakhs
  • Constructions: ₹4.20 lakhs
  • Unallocated corporate liabilities: ₹1,271.17 lakhs
  • Total liabilities: ₹1,652.18 lakhs

Regulatory and Compliance Information

  • The financial results have been prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34)
  • The statement is submitted pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors
  • The Statutory Auditors (Hasmukh Shah & Co. LLP, FRN: 103592W / W-100028) have carried out a limited review of the financial results
  • Corresponding quarter/year ended figures have been regrouped/reclassified wherever necessary to conform to current period classification