Key Decisions and Approvals

The Board of Directors meeting held on August 11, 2026 (5:00 PM to 6:30 PM) approved:

  • Unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026
  • Statutory Auditor's Limited Review Report on the financial results
  • 18th Annual General Meeting to be held on Tuesday, September 29, 2025 through video conferencing/other audio visual means

Standalone Financial Results (Rs. in lakhs)

Q1 FY27 (June 30, 2026) Performance:

  • Revenue from operations: 7.28
  • Other Income: 29.18
  • Total income: 36.46
  • Total expenses: 23.29
  • Profit before tax: 13.17
  • Net profit for the period: 13.17
  • Basic and diluted EPS: Rs. 0.03
  • Paid up equity share capital: 4,347.24 (Face value Rs. 10/- each)

Comparative Performance:

  • Q1 FY26 (June 30, 2025): Net loss of (5.37) lakh, EPS (0.01)
  • FY26 (March 31, 2026): Net loss of (7.79) lakh, EPS (0.01)

Consolidated Financial Results (Rs. in lakhs)

Q1 FY27 (June 30, 2026) Performance:

  • Revenue from operations: 4,471.51
  • Other Income: 65.66
  • Total income: 4,537.17
  • Total expenses: 5,033.15
  • Loss before tax: (495.98)
  • Net loss for the period: (366.51)
  • Basic and diluted EPS: Rs. (0.84)
  • Paid up equity share capital: 4,347.24

Subsidiary Performance:

  • Fratelli Wines Private Limited contributed revenue of Rs. 4,471.51 lakh and net loss of Rs. 379.51 lakh before consolidation adjustments

Segment-wise Performance (Rs. in lakhs)

Q1 FY27 Segment Revenue:

  • Wine manufacturing and sales: 4,471.51
  • All other reportable segments: 7.28
  • Total segment revenue: 4,478.79
  • Less inter-segment revenue: 7.28

Q1 FY27 Segment Results:

  • Wine manufacturing and sales: (193.78)
  • All other reportable segments: 0.26
  • Total segment results: (193.52)

Key Notes and Qualifications

1. Financial results prepared in accordance with Ind AS 34 Interim Financial Reporting

2. Deferred tax assets not recognized due to uncertainty of sufficient taxable profits to recover accumulated losses

3. Significant decline in revenue from operations at holding company level

4. Management exploring new business opportunities for revival of operations and revenue augmentation

5. Company has adequate surplus funds to meet operational and financial obligations

6. Financial results prepared on going concern basis

7. Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and unaudited quarterly figures

Auditor's Review

SS Kothari Mehta & Co LLP conducted limited review and concluded nothing came to their attention causing belief that the financial results contain material misstatement. The review report includes emphasis of matter regarding revenue decline and going concern assessment.

Additional Information

The information is available on company website at https://fratelliwines.in/