Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR

Audit Opinion:

The Statutory Auditors, M/s. Deepak Jindal & Co., Chartered Accountants, have issued an unmodified opinion on the Limited Review of the unaudited financial results.

Key Financial Highlights [Rs. in lakhs]:

Standalone Results:

Revenue from Operations: ₹10,493.21 for Q1 FY27 (vs. ₹9,125.81 in Q1 FY26, +15.0% YoY)

Total Income: ₹10,583.93 for Q1 FY27 (vs. ₹9,257.64 in Q1 FY26)

Net Profit: ₹505.76 for Q1 FY27 (vs. ₹458.36 in Q1 FY26, +10.3% YoY)

EPS: Basic and Diluted EPS of ₹1.05 for Q1 FY27 (vs. ₹0.95 in Q1 FY26)

Consolidated Results:

Revenue from Operations: ₹11,024.30 for Q1 FY27 (vs. ₹9,626.11 in Q1 FY26, +14.5% YoY)

Total Income: ₹11,129.35 for Q1 FY27 (vs. ₹9,801.50 in Q1 FY26)

Net Profit: ₹565.74 for Q1 FY27 (vs. ₹543.37 in Q1 FY26, +4.1% YoY)

EPS: Basic and Diluted EPS of ₹1.18 for Q1 FY27 (vs. ₹1.13 in Q1 FY26)

Segment-wise Performance [Rs. in lakhs]:

Standalone Segment Revenue:

a) Cranes: ₹5,285.68 for Q1 FY27 (vs. ₹5,304.94 in Q1 FY26)

b) Tractor: ₹5,207.54 for Q1 FY27 (vs. ₹3,820.86 in Q1 FY26, +36.3% YoY)

Standalone Segment Results (Profit):

a) Cranes: ₹481.46 for Q1 FY27 (vs. ₹480.07 in Q1 FY26)

b) Tractor: ₹375.34 for Q1 FY27 (vs. ₹271.14 in Q1 FY26, +38.4% YoY)

Consolidated Segment Revenue:

a) Cranes: ₹5,285.68 for Q1 FY27

b) Tractor: ₹5,207.54 for Q1 FY27

d) NBFC: ₹531.09 for Q1 FY27 (vs. ₹500.30 in Q1 FY26)

Consolidated Segment Results (Profit):

a) Cranes: ₹481.46 for Q1 FY27

b) Tractor: ₹375.34 for Q1 FY27

d) NBFC: ₹227.05 for Q1 FY27 (vs. ₹211.37 in Q1 FY26)

Corporate Actions:

The Board approved the notice for calling the 26th Annual General Meeting (AGM) of the Company for the financial year ended March 31, 2026. The notice and annual report will be submitted to the stock exchanges in due course.

No dividend declarations, share splits, bonus issues, or buybacks were announced.

Other Significant Information:

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34).

For the year ended March 31, 2026, the Company recognized an incremental expense of ₹82.09 lakhs (standalone) and ₹86.81 lakhs (consolidated) relating to employees upon implementation of the new labour code.

The Company completed its Initial Public Offering (IPO) in Financial Year 2024-25. As of June 30, 2026, the unutilized portion of the total IPO proceeds is parked in the form of bank balance and FDR with Scheduled Commercial Banks.

IPO Proceeds Utilization Summary as of 30th June 2026:

  • Setting up new Dedicated Unit for Expansion of Pick & Carry Cranes Manufacturing Capacity: ₹2,540.00 lakhs utilized out of ₹7,007.40 lakhs allocated
  • Repayment of borrowings: ₹5,000.00 lakhs utilized out of ₹5,000.00 lakhs allocated
  • Investment in NBFC Subsidiary (Barota Finance Ltd.): ₹4,500.00 lakhs utilized out of ₹4,500.00 lakhs allocated
  • General Corporate Purpose: ₹286.90 lakhs utilized out of ₹299.30 lakhs allocated

The certificate of Chairman and Managing Director (CMD) and Chief Financial Officer (CFO) in terms of Regulation 33 of SEBI LODR Regulations has been placed before the Board.