Board Meeting Outcomes

The Board of Directors meeting commenced at 10:30 AM and concluded at 11:15 AM on August 8, 2026. The Board approved the following:

1. Unaudited Financial Results: Approved the unaudited financial results along with the Limited Review Report for the quarter ended June 30, 2026.

2. 35th Annual General Meeting: Approved convening of the 35th AGM on Monday, September 28, 2026 at 11:00 AM through Video Conferencing/Other Audio-Visual Means (VC/OAVM), in accordance with MCA and SEBI circulars. Approved the Notice convening the AGM.

3. Final Dividend Record Date: Fixed Monday, September 21, 2026 as the Record Date for determining shareholder entitlement to the final dividend of ₹1 per equity share (face value ₹10 each) for FY 2025-26. This dividend was recommended by the Board on May 23, 2026, subject to shareholder declaration at the 35th AGM.

4. Register Closure: Approved closure of the Register of Members and Share Transfer Books from Tuesday, September 22, 2026 to Monday, September 28, 2026 (both days inclusive) for the purpose of the 35th AGM and payment of final dividend, if declared.

Financial Results for Quarter Ended June 30, 2026

Profit & Loss Highlights:

  • Tax Expense: Current tax: ₹3.00 lakh; Deferred tax: (₹5.12) lakh credit
  • Net Profit: ₹21.07 lakh for the quarter
  • Other Comprehensive Income: Not specified for current quarter
  • Total Comprehensive Income: ₹21.07 lakh for the quarter

Comparative Financial Performance:

| Metric | Q1 FY2027 (Jun 30, 2026) | Q4 FY2026 (Mar 31, 2026) | Q1 FY2026 (Jun 30, 2025) | Full Year FY2026 (Mar 31, 2026) |

| Net Profit (₹ lakh) | 21.07 | 7.50 | 94.51 | 104.96 |

| Total Comprehensive Income (₹ lakh) | 21.07 | 11.28 | 94.51 | 108.74 |

| Basic EPS (₹) | 0.21 | 0.07 | 0.92 | 1.02 |

| Diluted EPS (₹) | 0.21 | 0.07 | 0.92 | 1.02 |

Balance Sheet & Ratios:

  • Paid-up Equity Share Capital: ₹1,026.89 lakh (unchanged)
  • Reserves: ₹11,317.45 lakh (vs ₹11,296.38 lakh previous quarter)
  • Net Worth: ₹12,344.34 lakh
  • Debt Equity Ratio: 0.007 (improved from 0.027 previous quarter)
  • Debt Service Coverage Ratio (DSCR): 52.47 (vs 0.20 previous quarter)
  • Interest Service Coverage Ratio (ISCR): 28.32 (vs 24.21 previous quarter)

Additional Information

  • The financial results are prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company is engaged in single business segment of manufacturing Quartz slabs
  • Disclosure of operating segments as per IND-AS 108 is not required
  • Figures of previous periods have been regrouped wherever necessary
  • The results have been reviewed by the Audit Committee and taken on record by the Board
  • The results have been subjected to Limited Review by the statutory auditors

Auditor's Review

Pavuluri & Co., Chartered Accountants (Firm Registration No: 012194S) conducted a limited review of the financial results. Partner CA V M V Satya Sai (Membership No: 247514) issued the review report stating that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.