Board Meeting Details

The Board of Directors meeting was held on August 13, 2026, at 3:30 PM at the company's registered office. The meeting commenced at 3:30 PM and concluded at 4:00 PM. The Board considered and approved the unaudited standalone financial results for the quarter ended June 30, 2026, in accordance with Regulation 33 of SEBI Listing Regulations.

Financial Results Overview (Quarter Ended June 30, 2026)

Income from Operations: Rs 158.38 lakh

Total Expenditure: Rs 236.43 lakh

Profit/(Loss) from Operations before other income, interest and exceptional items: Rs -78.05 lakh

Other Income: Rs 16.60 lakh

Profit before financial cost & exceptional items: Rs -61.45 lakh

Financial Cost: Rs 1.90 lakh

Profit after financial cost but before exceptional items: Rs -63.35 lakh

Exceptional Items: None

Profit/(Loss) from ordinary activities before tax: Rs -63.35 lakh

Tax Expenses including deferred tax: Rs -14.66 lakh

Net Profit/(Loss) for the period: Rs -78.01 lakh

Comparative Financial Performance

| Particulars | Q1 FY27 (Jun 30, 2026) | Q4 FY26 (Mar 31, 2026) | Q1 FY26 (Jun 30, 2025) | FY26 (Mar 31, 2026) |

| Net Sales/Income from Operations | Rs 158.38 lakh | Rs 230.96 lakh | Rs 233.70 lakh | Rs 1,472.81 lakh |

| Net Profit/(Loss) | Rs -78.01 lakh | Rs -26.52 lakh | Rs -17.89 lakh | Rs 15.33 lakh |

| Basic EPS (Rs) | -0.06 | -0.02 | -0.16 | 0.12 |

| Diluted EPS (Rs) | -0.06 | -0.02 | -0.16 | 0.12 |

Segment-wise Performance (Quarter Ended June 30, 2026)

Gases Division:

  • Revenue: Rs 144.14 lakh
  • Segment Result: Loss of Rs 44.90 lakh
  • Segment Assets: Rs 2,467.93 lakh
  • Segment Liabilities: Rs 2,467.93 lakh

Engineering Division (Heat Exchanger):

  • Revenue: Rs 0.00 lakh (no revenue)
  • Segment Result: Loss of Rs 81.29 lakh
  • Segment Assets: Rs 839.93 lakh
  • Segment Liabilities: Rs 839.93 lakh

Software Division:

  • Revenue: Rs 14.23 lakh
  • Segment Result: Profit of Rs 7.11 lakh
  • Segment Assets: Rs 325.68 lakh
  • Segment Liabilities: Rs 325.68 lakh

Total Segment Performance:

  • Total Segment Loss: Rs 119.08 lakh
  • Unallocated Finance Cost: Not specified
  • Other Net Unallocable Income/Expenses: Rs -4.73 lakh
  • Deferred Tax/Income Tax: Rs -36.34 lakh
  • Profit After Tax: Rs -78.01 lakh

Capital Structure

Paid-up Equity Share Capital: Rs 1,317.78 lakh (Face Value Rs 10/- each)

Fund Utilization from Preferential Allotment

The company raised Rs 988.68 lakh through preferential allotment of equity shares in FY 2025-26 (dated November 29, 2025). As of June 30, 2026, Rs 176.06 lakh remains unutilized for working capital and general corporate purposes. The company states it is planning action to utilize this amount before year-end.

Original Fund Allocation and Utilization

| Division | Original Allocation | Funds Utilized |

| Gas Business | Rs 216.00 lakh | Rs 194.125 lakh |

| Engineering Division | Rs 556.68 lakh | Rs 437.00 lakh |

| Software Division | Rs 216.00 lakh | Rs 181.50 lakh |

Auditor Review

Ashvin K Yagnik & Co., Chartered Accountants (Firm Regn. No. 100710W) conducted a limited review of the standalone financial results. Partner Bhavan M Trivedi (Membership No. 043482) issued a clean review report stating that nothing has come to their attention that causes them to believe the statement contains any material misstatement. The review was conducted in accordance with SRE 2410 issued by ICAI.