Board Meeting Details

The meeting commenced at 05:00 PM and concluded at 05:30 PM on 21-07-2026.

Financial Results Approval

The Board approved the unaudited standalone financial results for the quarter ended 30/06/2026, along with the Limited Review Report from auditors.

Key Financial Figures (Rupees in Lakhs)

Quarter Ended 30.06.2026 (Unaudited):

  • Revenue from operations: ₹638.92
  • Other Income: ₹0.20
  • Total Revenue: ₹639.13
  • Total Expenditure: ₹622.79
  • Profit before tax: ₹16.34
  • Tax Expense: ₹0.00
  • Profit for the period: ₹16.34
  • Total Comprehensive Income: ₹16.34
  • Basic EPS: ₹0.02
  • Diluted EPS: ₹0.02
  • Paid-up equity share capital: ₹4746.66 (Face Value ₹5 each)

Comparative Figures:

  • Quarter Ended 31.03.2026 (Audited): Revenue ₹857.88, Profit/(Loss) ₹(72.39)
  • Quarter Ended 30.06.2025 (Unaudited): Revenue ₹487.77, Profit ₹40.59
  • Year Ended 31.03.2026 (Audited): Revenue ₹3843.24, Profit ₹10.22

Expenditure Breakdown (Q1 FY2027):

  • Purchase of stock in trade: ₹2239.75
  • Change in inventories of stock in trade: ₹(1628.62)
  • Employees benefit expenses: ₹1.84
  • Finance costs: ₹1.01
  • Other expenditure: ₹8.81

Segment Information (Q1 FY2027):

  • Segment Revenue: Fabrics ₹638.92
  • Segment Results: Total profit before tax and interest ₹17.34
  • Capital Employed: ₹4,647.27

Accounting Policies

  • Results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Company records depreciation and amortization expenses exclusively at financial year-end (no depreciation accrued for Q1)
  • Tax expenses recorded only at year-end
  • Figures regrouped and reclassified wherever required

Director Resignation

The Board noted and accepted the resignation of Mr. Monil Navinchandra Vora (DIN: 09627136) from his position as Non-Executive Independent Director, effective 30/06/2026.

Resignation Details

Mr. Vora resigned due to pre-occupation with other business activities. He consequently resigned from all committees of the board. He provided confirmation that there are no other material reasons for resignation beyond those stated. His resignation letter dated 30/06/2026 was attached to the disclosure.

Auditor Review

Pawan Siddharth & Co., Chartered Accountants, issued an unmodified limited review report on the unaudited financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. Nothing came to their attention that causes them to believe the results contain material misstatement or fail to comply with Regulation 33 of SEBI LODR Regulations, 2015.