Board Meeting Details

The Board of Directors meeting was held on Tuesday, July 28, 2026 through video conferencing. The meeting commenced at 12:10 p.m. and concluded at 2:25 p.m. The board approved the adoption of unaudited financial results for the quarter ended June 30, 2026 together with the Limited Review Report issued by the statutory auditors, M/s Mittal Gupta & Co., Chartered Accountants.

Financial Results (₹ in Lakhs)

Income Statement:

  • Revenue from operations: ₹35,813.14 (Q1 FY2027) vs ₹42,542.55 (Q1 FY2026)
  • Other income: ₹194.01 (Q1 FY2027) vs ₹131.12 (Q4 FY2026)
  • Total income: ₹36,007.15 (Q1 FY2027) vs ₹42,673.67 (Q4 FY2026)

Expenses:

  • Cost of materials consumed: ₹92.61
  • Purchases of stock-in-trade: ₹407.08
  • Changes in inventories of finished goods, work-in-progress: Not quantified
  • Employee benefit expenses: ₹2,488.92
  • Finance cost: ₹298.06
  • Depreciation and amortization expenses: ₹763.45
  • Other expenses: ₹2,142.50
  • Total expenses: ₹39,444.78

Profit/Loss:

  • Loss before exceptional items and tax: ₹(3,437.63)
  • Exceptional items: None
  • Loss after exceptional items and before tax: ₹(3,437.63)

Tax Expense:

  • Current tax: Not applicable
  • Income tax adjustment: Not applicable
  • Deferred tax: ₹(864.50)
  • Total tax expense: ₹(864.50)

Net Result:

  • Net loss after tax for the quarter: ₹(2,573.13)
  • Other comprehensive income/loss: ₹2.00
  • Total comprehensive loss for the period: ₹(2,573.13)

Comparative Figures:

  • Q4 FY2026 (Unaudited): Net profit of ₹5,740.95
  • Q1 FY2026 (Unaudited): Net profit of ₹938.41
  • FY2026 (Audited): Net profit of ₹3,083.80

Capital Structure

  • Paid-up equity share capital (Face value of ₹1 each): ₹1,853.01 lakh
  • Reserves (excluding Revaluation Reserve) as shown in Audited Balance Sheet: ₹81,018.39

Earnings Per Share

  • Basic EPS: ₹(1.39) (not annualized)
  • Diluted EPS: ₹(1.39) (not annualized)

Auditor's Review

Mittal Gupta & Co., Chartered Accountants conducted a limited review and issued an unmodified review report dated July 28, 2026. Their review was conducted in accordance with Standard on Review Engagement (SRE) 2410 and provided moderate assurance that the financial results are free from material misstatement. The auditors noted that the figures for the quarter ended March 31, 2026 are balancing figures between audited annual figures and published unaudited year-to-date figures.

Important Notes

1. The financial results were reviewed by statutory auditors and approved by the Board of Directors after being reviewed and recommended by the Audit Committee.

2. Prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015 (Ind AS).

3. Given the seasonal nature of the industry, quarterly results may not reflect annual performance proportionately.

4. The company has no subsidiary/associate/joint venture companies as of June 30, 2026.

5. Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published unaudited year-to-date figures.

6. Previous periods' figures have been regrouped and reclassified where necessary.