Pursuant to SEBI Listing Regulations, the company disclosed its unaudited financial results for the quarter ended 30th June 2026 (Q1 FY27). The results were reviewed by the Audit Committee and approved by the Board of Directors in a meeting held on 28th July 2026, which commenced at 11:30 AM and concluded at 2:00 PM.

Financial Performance (Q1 FY27 vs. Q1 FY26)

Income:

  • Total revenue from operations was ₹3,620.66 lakh, compared to ₹3,910.26 lakh in the same quarter last year (Q1 FY26).
  • Other income was ₹249.79 lakh, compared to ₹158.00 lakh in Q1 FY26.
  • Total Income (1+2) was ₹3,870.45 lakh, compared to ₹4,068.26 lakh in Q1 FY26.

Expenses:

Total expenses were ₹3,073.58 lakh, broken down as follows:

  • Cost of materials consumed: ₹1,981.17 lakh
  • Employee benefits expense: ₹556.12 lakh
  • Finance costs: ₹3.87 lakh
  • Depreciation and amortisation expense: ₹133.74 lakh
  • Other expenses: ₹367.98 lakh (Power & Fuel: ₹480.36 lakh is listed separately but appears to be a sub-component; the total other expenses figure of ₹367.98 lakh is stated).
  • Change in inventories of finished goods and work-in-progress & Stock In Trade was a credit of ₹(449.66) lakh.

Profitability:

  • Profit before exceptional items and tax was ₹796.87 lakh (Q1 FY26: ₹886.15 lakh).
  • There were no exceptional items in the current quarter (Q1 FY27: ₹0.00).
  • Profit before tax was ₹796.87 lakh (Q1 FY26: ₹886.15 lakh).
  • Tax expense was ₹163.71 lakh, comprising:
  • Current tax: ₹219.06 lakh (this figure appears to be from a different column; the Q1 FY27 current tax is listed as ₹163.71? The table shows Q1 FY27 tax expense of ₹163.71, with a breakdown of current tax ₹219.06 and deferred tax credit ₹(93.97)? There is a data inconsistency in the source. Based on the presented table, the net tax expense for Q1 FY27 is ₹163.71 lakh).
  • Deferred tax credit: ₹(93.97) lakh?
  • Net Profit for the period was ₹609.68 lakh (Q1 FY26: ₹784.06 lakh).

Earnings Per Share (EPS):

  • Basic EPS was ₹1.17 for the quarter (Q1 FY26: ₹1.51).
  • Diluted EPS was ₹1.17 for the quarter (Q1 FY26: ₹1.47).
  • The weighted average number of shares used for calculating EPS was 519.59 lakh.

Notes to the Financial Results

1. The financial results are prepared in accordance with Indian Accounting Standards (Ind AS).

2. For the year ended 31st March 2026 (FY26), the company had accounted for an exceptional item of ₹35.84 lakh. This was a non-recurring expense related to the incremental impact of implementing the New Labour Codes, as guided by the Ministry of Labour & Employment and ICAI.

3. Subsequent to the quarter end, on 17th July 2026, the company completed a sub-division (stock split) of its equity shares. The face value was reduced from ₹10 per share to ₹2 per share in a 1:5 split. This action has no impact on the Q1 FY27 financial results except for the consequential change in the number of shares and EPS calculation for reporting purposes.

4. The figures for previous periods have been regrouped/reclassified where necessary to match the current period's presentation.

Limited Review Report

The unaudited financial results were subject to a limited review by the statutory auditors, B. K. Shroff & Co. (Firm Registration No. 302166E). The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. The auditors concluded that nothing came to their attention causing them to believe that the statement was not prepared properly in accordance with Ind AS 34 and SEBI LODR Regulations.