Revenue from Operations: ₹113.40 (vs. ₹127.48 in Q1 previous year)
Other Income: ₹10.73 (vs. ₹8.83 in Q1 previous year)
Total Income: ₹124.13 (vs. ₹136.31 in Q1 previous year)
Expenses:
Employee benefit expenses: ₹59.58
Finance Cost: ₹1.07
Other expenses: ₹53.69
Depreciation: ₹1.63
Total Expenses: ₹115.97
Profitability:
Profit before exceptional items and tax: ₹8.16 (vs. loss of ₹34.02 in Q4 FY26)
Exceptional items: Nil for current quarter (vs. write back of borrowings/writeoff of advances net of ₹4.79 lakhs in Q4 FY26)
Profit before tax: ₹8.16 (vs. loss of ₹38.81 in Q4 FY26)
Tax Expenses:
Current Tax: ₹1.89
Deferred Tax: ₹0.15
Total Tax: ₹2.04
Net Result:
Net Profit for the period: ₹6.12 (vs. net loss of ₹36.28 in Q4 FY26)
Basic and Diluted EPS (continuing operations): ₹0.03
Comparative Figures:
Q4 FY26 (31-Mar-2026): Net loss of ₹36.28 lakhs
Q1 FY26 (30-Jun-2025): Net profit of ₹22.02 lakhs
Full Year FY26 (31-Mar-2026): Net loss of ₹27.16 lakhs
Capital Structure:
Paid-up Equity Capital: ₹2,170.62 lakhs (face value ₹10 per share)
Reserves excluding revaluation reserves: Negative ₹419.73 lakhs as of 31-Mar-2026
Notes to Financial Results
Business Operations:
The company is primarily engaged in buying & selling of Foreign Currencies
Wholly owned subsidiary is engaged in Brokerage Business in Share and dealing in Mutual Funds, Bonds etc.
Revenue from Operations includes income from air ticketing and Forex Advisory Services
Other activities contribute less than 10% of total turnover and are not reportable segments
Exceptional Items:
Exceptional item of ₹4.79 lakhs in previous quarter represents difference between written back borrowings of ₹43.55 crores and written off Advances of ₹43.60 crores as on 31.03.2026
Significant Corporate Development:
Promoters have entered into Share Purchase Agreement (SPA) on 24th July 2026 with Mr. Sandeep Jain, Mr. Vikas Garg and Mr. Rahul Nagar (Acquirers)
Agreement to sell entire holding of 1,08,58,186 equity shares (50.02% of total share capital) to the Acquirers
Acquirer published Public Statement on 31st July 2026 announcing Open Offer for acquisition of up to 56,43,612 fully paid equity shares (26% of paid-up equity share capital) at price of ₹12 per share
Acquisition and Open Offer are subject to receipt of requisite approvals
Consolidated Results:
The group includes India Cements Capital Limited and its subsidiary India Cements Investment Services Ltd (wholly owned)
Consolidated results prepared in accordance with Ind AS 34
Limited review conducted on consolidated results
Board Meeting Details
Meeting held on 05.08.2026
Commenced at 12:00 PM and concluded at 3:10 PM
Audit Committee reviewed results prior to Board approval
