Key Decisions and Approvals
- The Board approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026, as recommended by the Audit Committee.
- The statutory auditors, Venkatesh & Co, have reviewed the financial results and given an unmodified opinion.
- The Board approved the reconstitution of the Audit Committee and Rights Issue Committee with effect from October 7, 2026.
Committee Reconstitution Details
Audit Committee:
- Mr. Nangavaram Mahadevan Ranganathan (Chairman, Independent Director)
- Mr. Swaminathan Govindarajan (Member, Whole-time Director)
- Ms. Bokara Nagarajan Padmaja Priyadarshini (Member, Independent Director)
Rights Issue Committee:
- Mr. Nangavaram Mahadevan Ranganathan (Chairman, Independent Director)
- Mr. Swaminathan Govindarajan (Member, Whole-time Director)
- Mr. Kasiraman Sayee Sundar (Member, Managing Director)
Meeting Details
The Board Meeting commenced at 03:45 PM and concluded at 05:45 PM on October 7, 2026.
Financial Results - Standalone (Rs in Lakhs Except EPS)
Quarter Ended June 30, 2026:
- Revenue from Operations: ₹415.34
- Other Income: ₹18.77
- Total Income: ₹434.10
- Total Expenses: ₹414.72
- Profit Before Tax: ₹19.38
- Current Tax Expense: ₹4.88
- Profit for the Period: ₹14.50
- Basic EPS: ₹0.03
- Diluted EPS: ₹0.03
Comparative Figures:
- Previous Quarter (March 31, 2026): Revenue ₹407.98, Profit ₹2.35
- Year-Ago Quarter (June 30, 2025): Revenue ₹668.57, Profit ₹12.77
- Full Year Ended March 31, 2026: Revenue ₹2,189.78, Profit ₹69.97
Financial Results - Consolidated (Rs in Lakhs Except EPS)
Quarter Ended June 30, 2026:
- Revenue from Operations: ₹3,770.55
- Other Income: ₹159.10
- Total Income: ₹3,929.65
- Total Expenses: ₹3,870.76
- Profit Before Tax: ₹58.88
- Current Tax Expense: ₹4.88
- Profit for the Period: ₹54.00
- Total Comprehensive Income: ₹54.00
- Attributable to Owners: ₹26.22
- Attributable to Non-Controlling Interest: ₹21.78
- Basic EPS: ₹0.06
- Diluted EPS: ₹0.06
Comparative Figures:
- Previous Quarter (March 31, 2026): Revenue ₹3,776.42, Profit ₹97.60
- Year-Ago Quarter (June 30, 2025): Revenue ₹2,910.37, Profit ₹15.65
- Full Year Ended March 31, 2026: Revenue ₹13,783.12, Profit ₹216.03
Subsidiaries and Associates Included in Consolidation
The consolidated results include the following entities:
1. HSL Agri Solutions Limited (Subsidiary)
2. HSL Prime Properties Private Limited (Subsidiary)
3. Healthway India Private Limited (Step Down Subsidiary)
4. Dindigul Farm Product Limited (Subsidiary, 31.34%)
5. Matrix Boilers Private Limited (Subsidiary)
6. IBL Investments Limited (Subsidiary)
7. IBL Social Foundation (Subsidiary)
8. Kniss Laboratories Private Limited (Step Down Subsidiary)
Auditor's Review Scope Limitation
The auditors noted they did not review the financial statements of 7 subsidiaries and 2 step-down subsidiaries included in the consolidation, which represented total revenues of ₹3,405.80 lakhs and total comprehensive profit of ₹39.50 lakhs for the quarter ended June 30, 2026.
Additional Information
- The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS)
- Previous period figures have been regrouped wherever necessary
- No investor complaints were received during the quarter
- The results will be published in newspapers and are available on the company website (www.indrayani.com) and BSE website