Board Meeting Details

The Board of Directors meeting was held on 4th November, 2026 at the Registered Office of the Company (A/211, Siddhi Vinayak Complex, Near D.A.V. School, Makarba, Ahmedabad, Gujarat, India, 380055). The meeting commenced at 05:00 PM and concluded at 05:30 PM.

Key Approval

The Board considered and approved the Standalone Unaudited Financial Results for the Quarter ended on 30th June, 2026 along with the Limited Review Report.

Financial Results Summary (Amount in ₹ lakhs)

Income Statement for Quarter Ended June 30, 2026

Revenue from Operations:

  • Sale of Products and Services: ₹2,033.03
  • Other Operating Income: ₹346.03

Other Income: Not separately quantified

Total Income: ₹2,379.06

Expenses Breakdown:

  • Purchase of stock-in-trade: ₹1,890.28
  • Changes in Inventories: ₹7.63
  • Employee benefits expense: ₹8.80
  • Finance costs: ₹30.54
  • Depreciation and amortization expense: ₹0.41
  • Other expenses: ₹387.37
  • Power and Fuel: ₹1.61

Total Expenses: ₹2,326.64

Profit before Exceptional Items and tax: ₹52.42

Exceptional Items: None

Profit before tax: ₹52.42

Tax Expense:

  • Current Tax: ₹13.00
  • Deferred Tax: Not applicable for the quarter

Total Tax Expense: ₹13.00

Net profit for the period: ₹39.42

Comparative Financial Performance

Quarterly Comparison:

  • June 30, 2026: Net profit ₹39.42
  • March 31, 2026: Net profit ₹17.86 (Audited)
  • June 30, 2025: Net profit ₹57.02 (Unaudited)

Year-to-date Comparison:

  • June 30, 2026: Net profit ₹39.42
  • June 30, 2025: Net profit ₹57.02

Full Year Reference:

  • March 31, 2026: Net profit ₹263.19 (Audited)

Capital Structure and Metrics

Paid-up equity share capital: ₹2,628.92 (Face value of ₹10 each)

Other equity (Reserves): ₹1,813.80

Earnings per equity share:

  • Basic: ₹0.15
  • Diluted: ₹0.15

Comparative EPS:

  • June 30, 2026: ₹0.15
  • March 31, 2026: ₹0.07 (Audited)
  • June 30, 2025: ₹0.24 (Unaudited)
  • Year ended March 31, 2026: ₹1.00 (Audited)

Important Notes

1. Investor Complaints: No investor complaints received, disposed of, or unresolved as on 30.06.2026

2. Review and Approval: The results were reviewed by the audit committee and approved by the Board of Directors on 4th November, 2026

3. Previous Year Figures: Previous year figures have been regrouped/reclassified to conform to current financial year presentation and Schedule III requirements

4. Subsidiaries: The company does not have any subsidiary company

5. Accounting Standards: The company adopted IND AS (Indian Accounting Standards) for the first time from April 1, 2025, with transition date of April 1, 2024. The financial results are prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015

6. Segment Reporting: The company operates in only one segment (Chemicals Segment), so there are no reportable segments as per Accounting Standard (AS-17) "Segment Reporting"

7. IND AS Adjustments: No adjustments were required in the profit & loss for Q1 FY 2026-27 under IND AS

Auditor's Review

The Independent Auditor (Devadiya & Associates, Chartered Accountants, FR NO: 1230W) issued a review report pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

Key Auditor Findings:

  • Review conducted in accordance with Standard on Review Engagements (SRE) 2410
  • Review provides moderate assurance that financial statements are free of material misstatement
  • No modifications to their conclusion
  • Nothing came to their attention that causes them to believe the financial results contain any material misstatement

Auditor Details: Devadiya & Associates, A-301, The First, B/h ITC Narmada Hotel, Vastrapur, Ahmedabad 380015