Board Meeting Details

The Board of Directors meeting was held on Friday, 14th August, 2026, commencing at 04:00 PM and concluding at 05:00 PM. The Board approved the unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026.

Standalone Financial Results (in ₹ Lakhs)

Income Statement

  • Revenue from operations: 5,717.97 (Q1 FY27) vs 7,537.09 (Q4 FY26) vs 6,015.31 (Q1 FY26)
  • Other Income: 13.62 (Q1 FY27) vs 7.93 (Q4 FY26) vs 22.55 (Q1 FY26)
  • Total income: 5,731.59 (Q1 FY27) vs 7,545.02 (Q4 FY26) vs 6,037.86 (Q1 FY26)

Expenses

  • Cost of materials consumed: 4,279.06 (Q1 FY27) vs 3,444.39 (Q4 FY26) vs 3,634.62 (Q1 FY26)
  • Purchase of stock-in-trade: 423.93 (Q1 FY27) vs 3,216.64 (Q4 FY26) vs 1,774.47 (Q1 FY26)
  • Change in inventories: (17.53) (Q1 FY27) vs (324.73) (Q4 FY26) vs (225.08) (Q1 FY26)
  • Employee benefits expense: Not quantified in disclosure
  • Finance costs: 51.26 (Q1 FY27) vs 53.75 (Q4 FY26) vs 62.20 (Q1 FY26)
  • Depreciation and amortization: 38.53 (Q1 FY27) vs 38.17 (Q4 FY26) vs 2.16 (Q1 FY26)
  • Other expenses: 44.88 (Q1 FY27) vs 46.76 (Q4 FY26) vs 43.16 (Q1 FY26)
  • Total Expenses: 5,495.95 (Q1 FY27) vs 7,205.00 (Q4 FY26) vs 5,912.98 (Q1 FY26)

Profitability

  • Profit before tax: 235.64 (Q1 FY27) vs 340.02 (Q4 FY26) vs 124.88 (Q1 FY26)
  • Tax Expense: 67.68 (Q1 FY27) comprising Current tax: 9.88 and Deferred tax: 57.80
  • Net profit for period: 167.96 (Q1 FY27) vs 262.38 (Q4 FY26) vs 124.88 (Q1 FY26)
  • Total Comprehensive Income: 167.86 (Q1 FY27) vs 259.91 (Q4 FY26) vs 125.96 (Q1 FY26)

Per Share Data

  • Basic EPS: ₹2.47 (Q1 FY27) vs ₹4.17 (Q4 FY26) vs ₹2.49 (Q1 FY26)
  • Diluted EPS: ₹2.47 (Q1 FY27) vs ₹4.17 (Q4 FY26) vs ₹2.23 (Q1 FY26)
  • Paid-up equity share capital: 680.87 (Face value ₹10 per share)

Consolidated Financial Results (in ₹ Lakhs)

Income Statement

  • Revenue from operations: 5,915.61 (Q1 FY27) vs 7,848.27 (Q4 FY26) vs 29,460.97 (FY26)
  • Other Income: 13.19 (Q1 FY27) vs 8.70 (Q4 FY26) vs 51.11 (FY26)
  • Total income: 5,928.80 (Q1 FY27) vs 7,856.97 (Q4 FY26) vs 29,512.08 (FY26)

Expenses

  • Cost of materials consumed: 4,279.06 (Q1 FY27) vs 3,444.39 (Q4 FY26) vs 15,851.22 (FY26)
  • Purchase of stock-in-trade: 606.62 (Q1 FY27) vs 3,507.65 (Q4 FY26) vs 9,864.86 (FY26)
  • Change in inventories: (36.31) (Q1 FY27) vs (355.15) (Q4 FY26) vs (577.50) (FY26)
  • Employee Benefit Expenses: 64.05 (Q1 FY27) vs 87.74 (Q4 FY26) vs 281.85 (FY26)
  • Depreciation and Amortization: 38.53 (Q1 FY27) vs 38.18 (Q4 FY26) vs 45.25 (FY26)
  • Other Expenses: 47.65 (Q1 FY27) vs 49.35 (Q4 FY26) vs 183.98 (FY26)
  • Total Expenses: 5,681.05 (Q1 FY27) vs 7,514.24 (Q4 FY26) vs 28,364.06 (FY26)

Profitability

  • Profit before tax: 247.75 (Q1 FY27) vs 342.73 (Q4 FY26) vs 1,148.02 (FY26)
  • Tax Expense: 71.04 (Q1 FY27) comprising Current tax: 13.47 and Deferred tax: 57.57
  • Net profit for period: 176.71 (Q1 FY27) vs 264.81 (Q4 FY26) vs 1,059.01 (FY26)
  • Profit attributable to Owners: 172.44 (Q1 FY27) vs 264.28 (Q4 FY26) vs 1,044.50 (FY26)
  • Profit attributable to Non-Controlling Interest: 4.27 (Q1 FY27) vs 0.53 (Q4 FY26) vs 14.51 (FY26)
  • Total Comprehensive Income: 176.61 (Q1 FY27) vs 262.34 (Q4 FY26) vs 1,059.78 (FY26)

Per Share Data

  • Basic EPS: ₹2.53 (Q1 FY27) vs ₹4.20 (Q4 FY26) vs ₹16.60 (FY26)
  • Diluted EPS: ₹2.53 (Q1 FY27) vs ₹4.20 (Q4 FY26) vs ₹16.60 (FY26)
  • Paid-up equity share capital: 680.87 (Face value ₹10 per share)

Business Segment Information

The Company and group are engaged in manufacturing of Iron and Steel Products including M.S. Round, Ingot, Wire Rod etc. The results constitute a single reportable business segment as per Ind AS 108.

Subsidiary Information

Vaneera Industries Limited (formerly Vaneera Industries Private Limited) was acquired and consolidated effective 22 August 2025. Comparative figures for quarter ended 30 June 2025 are not required to be given.

Auditor Review

M/s Ashwani & Associates, Chartered Accountants (Firm Registration No.: 000497N) issued unmodified review reports for both standalone and consolidated results. The review was conducted in accordance with SRE 2410 and SEBI circular under Regulation 33(8).

Previous Period Figures

Previous period/year figures have been regrouped/reclassified where necessary for comparability.