Golden Crest Education & Services Limited held its Board of Directors meeting on Monday, 03rd August, 2026, which commenced at 12:00 Noon and concluded at 12:35 P.M. at its Registered Office. The meeting was conducted pursuant to Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The Board inter-alia considered/approved/adopted the following agenda items:

1. Standalone Unaudited Financial Results for Q1 FY27: Approved the standalone unaudited financial results for the 1st quarter ended June 30, 2026, along with the Limited Review Report issued by Statutory Auditors (Annexure A).

2. Statement on Deviation/Variation in Fund Utilization: Noted that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable (Annexure B).

3. Outstanding Default on Loans and Debt Securities: Confirmed no outstanding defaults (Annexure C).

Financial Results Details (Rs. In Lakhs)

Income Statement for Q1 ended June 30, 2026:

  • Net Sales/Income from Operations: ₹8.80 (Q1 FY26: ₹8.70; FY26: ₹42.31)
  • Other Income: ₹1.40 (Q1 FY26: ₹1.40; FY26: ₹5.72)
  • Total Income: ₹10.20 (Q1 FY26: ₹10.10; FY26: ₹48.03)

Expenses:

  • Employee Benefits Expense: ₹2.76 (Q1 FY26: ₹2.14; FY26: ₹10.78)
  • Depreciation and Amortization: ₹0.22 (Q1 FY26: ₹0.40; FY26: ₹1.70)
  • Other Expenses: ₹5.06 (Q1 FY26: ₹5.71; FY26: ₹11.69)
  • Total Expenses: ₹8.04 (Q1 FY26: ₹8.25; FY26: ₹24.17)

Profitability:

  • Profit from Operations before Exceptional Items: ₹2.16 (Q1 FY26: ₹1.85; FY26: ₹23.86)
  • Profit before Tax: ₹2.16 (Q1 FY26: ₹1.85; FY26: ₹23.86)
  • Tax Expense: Nil (Q1 FY26: Nil; FY26: ₹6.35)
  • Net Profit after Tax: ₹2.16 (Q1 FY26: ₹1.85; FY26: ₹17.51)
  • Total Comprehensive Income: ₹2.16 (Q1 FY26: ₹1.85; FY26: ₹17.51)

Capital Structure:

  • Paid-up Equity Share Capital: ₹524.50 lakhs (unchanged from previous periods)
  • Face Value per Share: ₹10
  • Reserves excluding Revaluation Reserve: ₹574.36 lakhs (as of March 31, 2026)
  • Earnings Per Share (Basic & Diluted): ₹0.04 (Q1 FY26: ₹0.04; FY26: ₹0.33)

Key Notes to Financial Results

1. The unaudited financial results were reviewed by the Audit Committee and adopted by the Board on August 3, 2026.

2. Results prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015 (Ind AS).

3. Company engaged in Consultancy Services with only one reportable segment under Ind AS 108.

4. Statutory Auditors conducted limited review of quarterly results.

5. No subsidiaries/associates/Joint Ventures as of June 30, 2026 (Ind AS 110 not applicable).

6. Q4 FY26 figures are balancing figures between audited full year and year-to-date figures up to Q3 FY26.

7. Provisions for taxation will be made at year-end.

8. Previous period figures regrouped/reclassified where necessary.

Auditor's Review Report

Mohindra Arora & Co., Chartered Accountants (FRN: 121328W), issued a limited review report on the quarterly unaudited standalone financial results. Partner Ashok Kumar Katial (Membership No.: 009096) signed the report dated August 3, 2026. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410. The auditors stated that nothing came to their attention that causes them to believe the financial results contain any material misstatement.

Publication and Availability

The company will publish an extract of the standalone unaudited financial results in accordance with Regulation 47(1)(b) of SEBI (LODR) Regulations, 2015. The information is also available on the company's website (https://www.goldencrest.in/) and stock exchange websites (www.bseindia.com and www.cse-india.com).