Financial Results Summary
Standalone Financial Results (Quarter ended June 30, 2026):
- Total Income: ₹0.00 lakh (compared to ₹0.20 lakh in previous quarter)
- Total Expenses: ₹14.94 lakh
- Loss before tax: ₹(14.94) lakh
- Basic and Diluted EPS: ₹(0.02) per share
- Paid-up equity share capital: ₹9,134.33 lakh (face value ₹10 each)
Consolidated Financial Results (Quarter ended June 30, 2026):
- Total Income: ₹0.00 lakh (compared to ₹0.20 lakh in previous quarter)
- Total Expenses: ₹85.40 lakh
- Loss before tax: ₹(85.40) lakh
- Loss after tax: ₹(85.40) lakh
- Total Comprehensive Income: ₹(85.40) lakh
- Basic and Diluted EPS: ₹(0.09) per share
- Paid-up equity share capital: ₹9,134.33 lakh
Strategic Initiatives Approved
1. Technology Exploration Visit: Board approved invitation from Steinecker GmbH, Germany for business meetings and project studies relating to advanced brewery technologies. Company officials authorized to undertake visit for evaluating advanced brewing technologies and exploring potential business collaboration opportunities.
2. Fund-raising Initiatives: Board approved execution of mandates, agreements and transaction documents with financial advisors, investment bankers, consultants including Jones Lang LaSalle (JLL) and other intermediaries for proposed fund-raising initiatives. The fund raise is intended to support acquisition of operational units and strengthen Company's commercialization roadmap and financial framework.
Acquisition Update
Board reviewed status of proposed acquisition of Gopalpur Unit from United Spirits Limited (USL). Acquisition process is progressing with concerned Government authorities and expected to be completed upon receipt of requisite statutory and regulatory approvals and clearances.
Meeting Details
Board meeting commenced at 5:30 p.m. (IST) and concluded at 6:01 p.m. (IST) on July 09, 2026.
Auditor Review
Financial results reviewed by MMRS & CO, Chartered Accountants (FRN: 013830S). Review conducted in accordance with Standard on Review Engagements (SRE) 2410. Auditor report states nothing has come to their attention that causes them to believe the financial results contain material misstatement.
Subsidiary Information
Consolidated results include 6 subsidiaries:
- Crochet Industries Private Limited (Subsidiary)
- Rinpoche Spirits Private Limited (Subsidiary)
- Brewing Wizards Private Limited (Step-down Subsidiary)
- Forte Spirits Private Limited (Step-down Subsidiary)
- Srilab Alcobev Private Limited (Step-down Subsidiary)
- Marti Judds Microbreweries Private Limited (Step-down Subsidiary)
Subsidiaries reported total net loss after tax of ₹(70.46) lakh for the quarter ended June 2026.
Additional Notes
- Company is scaling up operations, with related expenses for revenue generation to be amortized against resulting benefits
- Previous period figures have been re-grouped/re-arranged wherever necessary
- Company has only one business segment