Standalone Financial Performance (Quarter ended June 30, 2026)

Key Quantitative Figures (₹ in lakhs):

  • Revenue from operations: ₹7,007.674 lakhs (compared to ₹6,077.407 lakhs in Q1 FY26)
  • Other income: ₹718.81 lakhs
  • Total Income: ₹7,079.555 lakhs
  • Total Expenses: ₹6,530.572 lakhs
  • Profit Before Exceptional Items and Tax: ₹548.983 lakhs
  • Exceptional Items - Income: ₹195.377 lakhs (due to reversal of gratuity expense)
  • Profit Before Tax: ₹744.360 lakhs
  • Tax Expense: ₹189.997 lakhs (Income Tax: ₹202.063 lakhs, Deferred Tax: ₹(12.066) lakhs)
  • Profit After Tax: ₹554.363 lakhs
  • Other Comprehensive Loss: ₹(20.997) lakhs
  • Total Comprehensive Income: ₹533.366 lakhs
  • Paid-up Share Capital: ₹1,935.068 lakhs (face value ₹10 each)
  • Earnings Per Share (EPS): Basic and Diluted: ₹2.85

Consolidated Financial Performance (Quarter ended June 30, 2026)

Key Quantitative Figures (₹ in lakhs):

  • Revenue from operations: ₹7,004.032 lakhs
  • Other income: ₹744.67 lakhs
  • Total Income: ₹7,078.499 lakhs
  • Total Expenses: ₹6,507.705 lakhs
  • Profit Before Exceptional Items and Tax: ₹570.794 lakhs
  • Exceptional Items - Income: ₹195.377 lakhs (same as standalone)
  • Profit Before Tax: ₹766.171 lakhs
  • Tax Expense: ₹196.297 lakhs (Income Tax: ₹207.639 lakhs, Deferred Tax: ₹(11.342) lakhs)
  • Profit After Tax: ₹569.874 lakhs
  • Profit Attributable to Owners of the Company: ₹569.776 lakhs
  • Profit Attributable to Non-controlling Interests: ₹0.98 lakhs
  • Other Comprehensive Loss: ₹(21.004) lakhs
  • Total Comprehensive Income: ₹548.870 lakhs
  • Total Comprehensive Income Attributable to Owners: ₹548.773 lakhs
  • Earnings Per Share (EPS): Basic and Diluted: ₹2.93

Exceptional Items

During the quarter, the Company amended its gratuity scheme to align with the Payment of Gratuity Act, 1972. The consequent actuarial remeasurement resulted in a reversal of gratuity expense of ₹195.377 lakhs, classified as an exceptional item due to its material and non-recurring nature. This follows an exceptional expense of ₹404.418 lakhs recognized in FY26 related to the incremental impact of the newly notified Labour Codes.

Other Financial Details

  • The employee benefits expense for the quarter includes a charge of ₹65.596 lakhs for equity-settled share-based payment transactions (ESOPs) under Ind AS 102.
  • The figures for the quarter ended March 31, 2026 (Q4 FY26), are balancing figures between the audited annual figures and the published year-to-date figures up to Q3 FY26.
  • The consolidated results include subsidiaries: Infinite Water Solutions Private Limited, Forbes Aquatech Limited, Euro Forbes Limited, and Forbes Lux FZE (until November 13, 2025).

Auditor's Review

Deloitte Haskins & Sells LLP issued a limited review report on both standalone and consolidated results. Their review did not identify any material misstatements. For the consolidated results, they relied on the review reports of other auditors for one subsidiary (representing revenue of ₹128.494 lakhs and net profit of ₹17.053 lakhs) and on management-certified financials for two immaterial subsidiaries (representing combined revenue of ₹21.402 lakhs and net profit of ₹0.602 lakhs).

Capital Structure

There was a minor increase in paid-up share capital from ₹1,934.918 lakhs in the previous quarter to ₹1,935.068 lakhs.