Golden Carpets Ltd

Board Meeting Details

The Board of Directors meeting was held on Friday, 7th August 2026, commencing at 3:00 PM and concluding at 4:15 PM. The meeting approved the unaudited financial results for Q1 FY2027 (quarter ended 30th June 2026).

Financial Results (Quarter Ended 30th June 2026)

Performance Metrics (₹ in Lakhs):

  • Revenue from operations: ₹12.05 (compared to ₹25.95 in Q1 FY2026)
  • Other Income: ₹0.00 (compared to ₹0.00 in Q1 FY2026)
  • Total Revenue: ₹12.05 (compared to ₹25.95 in Q1 FY2026)
  • Total Expenses: ₹19.36 (compared to ₹24.01 in Q1 FY2026)
  • Cost of Materials consumed: ₹5.42
  • Changes in inventories: -₹1.49
  • Employees benefit expenses: ₹5.33
  • Finance Cost: ₹0.00
  • Depreciation & amortisation: ₹3.19
  • Other Expenses: ₹6.91
  • Loss before tax: ₹(7.31) (compared to profit of ₹1.94 in Q1 FY2026)
  • Tax expense: ₹0.00
  • Loss for the period: ₹(7.31) (compared to profit of ₹1.94 in Q1 FY2026)
  • Total Comprehensive income: ₹(7.31)

Earnings Per Share (EPS):

  • Basic EPS: (₹0.11) (compared to ₹0.03 in Q1 FY2026)
  • Diluted EPS: (₹0.11) (compared to ₹0.03 in Q1 FY2026)

Comparative Financial Data

Quarterly Comparison (₹ in Lakhs):

  • Previous quarter (Q4 FY2026 ended 31st March 2026): Revenue ₹15.06, Loss ₹(6.62) before exceptional items
  • Same quarter previous year (Q1 FY2026 ended 30th June 2025): Revenue ₹25.95, Profit ₹1.94

Annual Comparison (Year ended 31st March 2026):

  • Total Revenue: ₹96.77
  • Total Expenses: ₹121.02
  • Loss for the year: ₹(16.39)
  • Basic EPS: (₹0.25)

Auditor Review

The unaudited financial results were subject to limited review by M/s. Sathuluri & Co., Chartered Accountants (Firm Regn No: 0063835), the statutory auditors of the company. Partner S. S. Prakash (M. No.: 202710) issued the limited review report dated 7th August 2026, which stated that nothing came to their attention suggesting material misstatement in the financial results.

Business Segment Information

The company operates in a single primary reportable business segment - manufacturing of carpets only.

Accounting Standards and Compliance

The financial results have been:

  • Prepared according to Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Amendment Rules, 2016
  • Prepared in accordance with Ind AS 34 - Interim Financial Reporting
  • Reviewed by the Audit Committee and approved by the Board of Directors
  • Figures for corresponding periods have been regrouped and rearranged for comparability