Key Decisions and Approvals

1. Financial Results: The Board approved the Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended September 30, 2026. The results were reviewed by the Audit Committee and come with a Limited Review Report from the statutory auditor, M L Bhuwania And Co LLP.

2. Wholly-Owned Subsidiary (WOS): Upon the recommendation of the Audit Committee, the Board approved the incorporation of a WOS. An investment of up to ₹5,00,000 (Rupees Five Lakhs) was approved for subscription to the share capital of the proposed WOS at par value.

Detailed Financial Performance (Standalone - Rs. in Lakhs)

Quarter Ended September 30, 2026 (Q2 FY27):

  • Total Income: ₹30,066.83
  • Revenue from Operations: ₹29,177.39
  • Other Income: ₹889.44
  • Total Expenses: ₹26,872.50
  • Profit Before Tax: ₹3,194.33
  • Total Tax Expense: ₹757.12
  • Profit After Tax: ₹2,437.21
  • Earnings Per Share (Basic/Diluted): ₹4.69 (not annualized)

Half Year Ended September 30, 2026 (H1 FY27):

  • Total Income: ₹51,511.88
  • Revenue from Operations: ₹50,388.63
  • Other Income: ₹1,123.25
  • Total Expenses: ₹46,748.19
  • Profit Before Tax: ₹4,763.69
  • Total Tax Expense: ₹1,197.56
  • Profit After Tax: ₹3,566.13
  • Earnings Per Share (Basic/Diluted): ₹6.86 (not annualized)

Comparative Figures (Standalone - Q2 FY26):

  • Profit After Tax for Q2 FY26: ₹1,239.68
  • EPS for Q2 FY26: ₹2.38

Detailed Financial Performance (Consolidated - Rs. in Lakhs)

Quarter Ended September 30, 2026 (Q2 FY27):

  • Profit After Tax: ₹2,436.25 (after share of loss of Associate: ₹0.96)
  • EPS: ₹4.69

Half Year Ended September 30, 2026 (H1 FY27):

  • Profit After Tax: ₹3,562.48 (after share of loss of Associate: ₹3.65)
  • EPS: ₹6.85

Wholly-Owned Subsidiary (WOS) Details

  • Proposed Name: Donear Lifestyle Limited (name reserved via Form SPICe+ Part A on October 16, 2026).
  • Industry: Textiles.
  • Purpose: To facilitate the company's business objectives.
  • Investment: Up to ₹5,00,000 to subscribe to 50,000 equity shares of ₹10 each at par.
  • Expected Shareholding: 100% upon incorporation.
  • Expected Timeline for Incorporation: Within 15-20 days from Board approval (November 13, 2026), subject to regulatory approvals.
  • Related Party Status: The WOS will be a related party upon incorporation. No promoters/promoter groups have any interest in the proposed entity.
  • Government Approvals: Incorporation requires a certificate from the Registrar of Companies.

Other Information

  • Meeting Duration: The Board meeting commenced at 4:36 PM and concluded at 4:46 PM.
  • Compliance: The financial results will be published in newspapers as per Regulation 47 of the SEBI Listing Regulations and made available on the company's website (www.donear.com).
  • Segment Reporting: The company operates in a single segment: "Textiles Business".
  • Labour Code Impact: The financial results include a past service cost of ₹146.26 lakh recognized due to the implementation of new Labour Codes, as required by Ind AS 19.