Board Meeting Details

The Board of Directors meeting was held on Saturday, November 14, 2026, commencing at 03:00 PM and concluding at 04:15 PM. The results were approved by the Board.

Financial Results - Quarter Ended 30th September, 2026 (Unaudited)

  • Revenue from Operations (net): ₹9,337.83 lacs
  • Other Income: ₹2.65 lacs
  • Total Revenue: ₹9,340.48 lacs
  • Total Expenses: ₹9,265.63 lacs
  • Profit before tax: ₹74.85 lacs
  • Tax Expenses: ₹18.84 lacs (Current Tax: ₹15.11 lacs, Deferred Tax: ₹3.73 lacs)
  • Profit for the period: ₹56.01 lacs
  • Earnings Per Share (Basic and Diluted): ₹0.52 (not annualized)

Financial Results - Half Year Ended 30th September, 2026 (Unaudited)

  • Revenue from Operations (net): ₹17,038.68 lacs
  • Other Income: ₹4.90 lacs
  • Total Revenue: ₹17,943.44 lacs
  • Total Expenses: ₹17,801.80 lacs
  • Profit before tax: ₹141.54 lacs
  • Tax Expenses: ₹35.62 lacs (Current Tax: ₹28.16 lacs, Deferred Tax: ₹7.46 lacs)
  • Profit for the period: ₹105.92 lacs
  • Earnings Per Share (Basic and Diluted): ₹0.98 (not annualized)

Comparative Financial Performance

Quarterly Comparison (Q2 FY27 vs Q2 FY26):

  • Revenue from Operations increased from ₹7,089.71 lacs to ₹9,337.83 lacs
  • Profit before tax increased from ₹40.66 lacs to ₹74.85 lacs
  • Profit for the period increased from ₹30.57 lacs to ₹56.01 lacs
  • EPS increased from ₹0.28 to ₹0.52

Half-Yearly Comparison (H1 FY27 vs H1 FY26):

  • Revenue from Operations increased from ₹13,205.76 lacs to ₹17,038.68 lacs
  • Profit before tax increased from ₹81.96 lacs to ₹141.54 lacs
  • Profit for the period increased from ₹61.33 lacs to ₹105.92 lacs
  • EPS increased from ₹0.57 to ₹0.98

Balance Sheet Position as at 30th September, 2026 (Unaudited)

Assets:

  • Total Assets: ₹10,223.41 lacs
  • Non-Current Assets: ₹2,201.73 lacs (Property, Plant & Equipment: ₹2,181.66 lacs)
  • Current Assets: ₹8,021.68 lacs (Inventories: ₹1,834.01 lacs, Trade Receivables: ₹5,104.46 lacs)
  • Cash and Cash Equivalents: ₹10.87 lacs
  • Bank Balances other than Cash and Cash Equivalents: ₹329.40 lacs

Equity and Liabilities:

  • Total Equity: ₹3,331.90 lacs (Equity Share Capital: ₹1,078.89 lacs, Other Equity: ₹2,253.01 lacs)
  • Non-Current Liabilities: ₹289.32 lacs (Borrowings: ₹73.16 lacs, Deferred Tax Liabilities: ₹216.16 lacs)
  • Current Liabilities: ₹6,602.19 lacs (Borrowings: ₹3,660.28 lacs, Trade Payables: ₹2,323.12 lacs)

Cash Flow Statement - Half Year Ended 30th September, 2026 (Unaudited)

  • Cash Generated from Operations: ₹612.55 lacs
  • Net Cash from Operating Activities: ₹595.96 lacs
  • Net Cash used in Investing Activities: ₹(200.93) lacs
  • Net Cash used in Financing Activities: ₹(789.35) lacs
  • Net Decrease in Cash & Cash Equivalents: ₹(394.31) lacs
  • Cash & Cash Equivalents at beginning: ₹405.18 lacs
  • Cash & Cash Equivalents at end: ₹10.87 lacs

Auditor's Review

M/s. Ram K Raj & Associates, Chartered Accountants (ICAI Firm Registration No. 002093C) conducted a limited review of the financial results and issued an unmodified conclusion. Their UDIN No.: 260709260LVVXI8175. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Additional Information

  • The company's business activity falls within a single primary business segment: Paper Manufacturing
  • Previous period figures have been re-grouped/re-arranged wherever necessary
  • Paid-up equity share capital: ₹1,078.89 lacs (Face value ₹10/- per share)
  • The results will be hosted on the Company's website: https://www.gangapapers.in/