Board Meeting Outcomes

  • Board of Directors meeting held on August 13, 2026 approved unaudited standalone and consolidated financial results for quarter ended June 30, 2026
  • Results reviewed by Audit Committee and taken on record by Board

Financial Results (Standalone)

Quarter ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹18,000.60 lakhs
  • Other income: ₹256.48 lakhs
  • Total income: ₹18,257.08 lakhs
  • Total expenses: ₹17,454.17 lakhs
  • Profit before tax: ₹802.91 lakhs
  • Tax expense: ₹241.78 lakhs (Current tax: ₹228.42 lakhs, Deferred tax: ₹13.36 lakhs)
  • Net profit for the period: ₹561.13 lakhs
  • Other comprehensive income: ₹0
  • Total comprehensive income: ₹561.13 lakhs
  • Earnings per share (Basic and Diluted): ₹4.51 (not annualized)
  • Paid up equity share capital: ₹1,243.81 lakhs (face value ₹10 each)

Comparative Figures (Quarter ended June 30, 2025 - Unaudited):

  • Revenue from operations: ₹10,671.66 lakhs
  • Other income: ₹577.59 lakhs
  • Total income: ₹11,249.25 lakhs
  • Net profit for the period: ₹392.68 lakhs
  • Earnings per share: ₹9.47

Year ended March 31, 2026 (Audited):

  • Revenue from operations: ₹45,067.80 lakhs
  • Other income: ₹2,926.45 lakhs
  • Total income: ₹47,994.25 lakhs
  • Net profit for the year: ₹999.52 lakhs
  • Earnings per share: ₹8.04

Financial Results (Consolidated)

Quarter ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹18,707.49 lakhs
  • Other income: ₹359.96 lakhs
  • Total income: ₹19,067.45 lakhs
  • Total expenses: ₹18,330.60 lakhs
  • Profit before tax: ₹736.85 lakhs
  • Tax expense: ₹390.83 lakhs (Current tax: ₹377.47 lakhs, Deferred tax: ₹13.36 lakhs)
  • Net profit for the period: ₹346.02 lakhs
  • Other comprehensive income: ₹106.15 lakhs
  • Total comprehensive income: ₹452.17 lakhs
  • Profit attributable to:
  • Equity shareholders of parent: ₹598.03 lakhs
  • Non-controlling interest: ₹(252.01) lakhs
  • Total comprehensive income attributable to:
  • Equity shareholders of parent: ₹704.18 lakhs
  • Non-controlling interest: ₹(252.01) lakhs
  • Earnings per share (Basic and Diluted): ₹2.78 (not annualized)
  • Paid up equity share capital: ₹1,161.54 lakhs
  • Reserves excluding revaluation reserves: ₹16,689.56 lakhs (as of March 31, 2026)

Comparative Figures (Quarter ended June 30, 2025 - Unaudited):

  • Revenue from operations: ₹10,320.58 lakhs
  • Other income: ₹911.01 lakhs
  • Net profit for the period: ₹286.87 lakhs
  • Earnings per share: ₹7.39

Year ended March 31, 2026 (Audited):

  • Revenue from operations: ₹64,619.95 lakhs
  • Other income: ₹4,532.60 lakhs
  • Net profit for the year: ₹3,190.24 lakhs
  • Earnings per share: ₹25.65

Segment Reporting (Consolidated)

The Group has two reportable segments:

1. Rice: Parboiled rice, puffed rice, rice bran, rice husk, rice husk ash, broken rice and rejection rice

2. Edible Oil: Crude Rice Bran Oil, De-Oiled Rice Bran, Refined Rice Bran Oil, Crude Soyabean Oil, Refined Soyabean Oil, Refined Sunflower Oil, Palmolein Oil, Mustard Oil, Rice Bran Wax, Gums, Spent Earth, Fatty Acid, Stearin, Acid Oil and Rice Lecithin

Quarter ended June 30, 2026:

  • Rice segment revenue: ₹4,848.29 lakhs; Segment result: ₹(202.48) lakhs
  • Oil segment revenue: ₹14,371.26 lakhs; Segment result: ₹2,193.66 lakhs
  • Total segment revenue: ₹19,219.55 lakhs
  • Less: Inter segment revenue: ₹527.44 lakhs
  • Gross revenue from sale of products and services: ₹18,692.11 lakhs

Key Notes to Financial Results

1. Subsidiary Shareholding Issue: Two subsidiaries hold 3.87% and 2.75% of company shares respectively, in contravention of Section 19 of Companies Act, 2013. Subsidiaries commenced disposal during FY2026 and expected to complete disposal during current year. Based on legal opinion, no financial liability provision recognized.

2. Haldia Manufacturing Unit Acquisition: Assets acquired from K.S. Oils Limited (in liquidation) pursuant to NCLAT order dated March 20, 2025. Process of transferring leasehold land ongoing. Amount paid for acquisition (₹5,614.09 lakhs) and transfer fees (₹4.23 lakhs) transferred to Right-of-use assets. No depreciation or lease liability recognized for leasehold land.

3. Mumbai Commercial Office Acquisition: Commercial office (2,062 sq ft) acquired in auction on September 10, 2024 under SARFAESI Act. Ongoing litigation affecting peaceful possession. Amount paid (₹608.00 lakhs) accounted as capital advance. Based on legal opinion, no financial liability provision recognized.

4. Convertible Warrants Issue: During FY2026, company approved issue of 793,650 convertible warrants at ₹315 per warrant to specified persons/entities by preferential allotment, convertible to equity shares within 18 months from allotment. Process ongoing pending statutory approvals.

5. Consolidation Basis: Includes subsidiaries Intellect Buildcon Private Limited, Prakruti Commosale Private Limited, Halder Greenfuel Industries Limited, Hal Exim Pte. Limited (w.e.f. 6th March 2024), LLC Halroots (w.e.f. 1st April 2025), and step-down subsidiaries of Hal Exim Pte. Limited in Ghana, Cameroun, Benin, Togo, and Ivory Coast.

KMP / Board Changes

Not Specified

Dividend Declaration

Not Specified

Auditor's Opinion

Not Specified (beyond limited review report qualifications)

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Not Specified