Financial Results Approval

The Board considered and approved the Unaudited Standalone Financial Results for the quarter ended 30th June, 2026. The results were reviewed by the Audit Committee on 11th August 2026 and subjected to limited review by the statutory auditors, Krutesh Patel & Associates, who issued an unqualified opinion.

Quarterly Financial Performance (Standalone)

For Quarter Ended 30th June, 2026 (Unaudited):

  • Revenue from operations: ₹27.34 crore
  • Other income: ₹14.29 lakh
  • Total income: ₹27.48 crore
  • Total expenses: ₹26.58 crore
  • Profit before tax: ₹89.95 lakh
  • Tax expense: ₹19.63 lakh (Current tax)
  • Profit after tax: ₹70.32 lakh
  • Paid-up equity share capital: ₹600.00 lakh (Face value ₹10/-)
  • Earnings per share (Basic & Diluted): ₹1.17

Comparative Figures:

  • Quarter Ended 30th June, 2025: Revenue ₹26.94 crore, Net profit ₹87.04 lakh, EPS ₹1.45
  • Year Ended 31st March, 2026: Revenue ₹231.92 crore, Net profit ₹270.25 lakh, EPS ₹4.50

Annual General Meeting Arrangements

The Board approved the draft notice of the 45th Annual General Meeting scheduled to be held on Friday, 18th September, 2026 at 11:30 AM IST through Video Conferencing/Other Audio-Visual Means in compliance with MCA and SEBI circulars.

Record Date and Book Closure

  • Record Date: 11th September, 2026 (for determining shareholder eligibility for voting and dividend entitlement)
  • Book Closure: From Saturday, 12th September, 2026 to Friday, 18th September, 2026

Corporate Governance Matters

The Board considered and approved:

  • Draft Director's Report along with annexures including Corporate Governance Report and Management Discussion and Analysis Report
  • Appointment of Mrs. Jolly Krutesh Patel, Practicing Company Secretary, as Scrutinizer for the AGM voting process

Compliance Matters

The Board noted:

  • Annual Secretarial Compliance Report dated 19.05.2026 for FY 2025-26
  • Resolution passed by circulation dated 16.06.2026
  • Compliances complied by the Company for the quarter ended 31st March, 2026

Additional Information

  • The company operates in a single business segment: Manufacturing of Plastics Pipes
  • Previous period figures have been regrouped/rearranged for comparability
  • The results will be published in newspapers as per Regulation 47(1)(b) of SEBI LODR Regulations