Financial Results Summary

Quarter Ended June 30, 2026 (Q1 FY2027):

  • Total Income: ₹19.67 crore
  • Total Expenses: ₹18.16 crore
  • Profit Before Tax: ₹1.51 crore
  • Total Tax Expense: ₹0.40 crore (Current tax: ₹0.40 crore, Deferred tax: ₹0.00 crore)
  • Profit for the Period: ₹1.11 crore
  • Other Comprehensive Loss: ₹(0.13) crore
  • Total Comprehensive Income: ₹1.10 crore
  • Basic EPS: ₹10.94
  • Diluted EPS: ₹10.94
  • Paid-up Equity Share Capital: ₹10.14 crore (face value ₹10 per share)

Comparative Performance:

  • Total Income decreased from ₹27.41 crore in Q1 FY2026 to ₹19.67 crore in Q1 FY2027
  • Net Profit decreased from ₹26.92 crore in Q1 FY2026 to ₹11.10 crore in Q1 FY2027
  • EPS decreased from ₹26.54 in Q1 FY2026 to ₹10.94 in Q1 FY2027

Revenue Breakdown (Q1 FY2027):

  • Revenue from Contracts with Customers: ₹18.66 crore
  • India: ₹12.82 crore
  • Outside India: ₹5.84 crore
  • Other Operating Revenue: ₹0.26 crore (all from India)
  • Total Revenue from Operations: ₹18.93 crore

Segment Information:

The Company operates in a single segment - "Power Products" in accordance with Ind AS-108.

Management Changes

Appointment of New CFO:

  • Mr. Sameer Jain appointed as Chief Financial Officer effective October 1, 2026
  • Replaces Mr. Vinay Mittal who retires on September 30, 2026
  • Mr. Jain has nearly three decades of experience in business planning, budgeting, costing, pricing strategy, cash flow management, banking, treasury operations, and tax compliance
  • Recipient of "Finance Leader of the Year - Auto 2023" award

Retirement and Resignation:

  • Mr. Vinay Mittal retires as CFO on close of business hours on September 30, 2026
  • Mr. Vinay Mittal resigns as Whole Time Director effective September 1, 2026
  • Mr. Mittal served on the Board for 14+ years since 2012

Board Meeting Details

  • Meeting held on July 30, 2026
  • Commenced at 05:15 PM and concluded at 05:48 PM
  • Approved unaudited financial results for quarter ended June 30, 2026
  • Approved management changes regarding CFO appointment and resignation

Additional Information

  • The figures for quarter ended March 31, 2026, are balancing figures between audited annual figures and published unaudited year-to-date figures up to third quarter
  • No exceptional items reported in current quarter
  • No unallocated corporate income/expenses/assets/liabilities due to single segment operation