Board Meeting Details

The Board of Directors meeting commenced at 15:00 hours and concluded at 16:18 hours on October 29, 2026. The results were reviewed by the Audit Committee and approved by the Board.

Financial Results Overview (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹1,691.95 lakh
  • Total income: Not separately quantified for quarter
  • Profit before tax: ₹619.69 lakh
  • Current tax expense: ₹164.12 lakh
  • Net profit for the period: ₹455.57 lakh
  • Earnings per share (basic and diluted): ₹10.05

Half Year Financial Performance (April-September 2026)

  • Revenue from operations: ₹3,160.20 lakh
  • Other income: ₹292.08 lakh
  • Total income: ₹3,452.28 lakh
  • Profit before tax: ₹1,112.20 lakh
  • Current tax expense: ₹288.12 lakh
  • Net profit for the period: ₹824.08 lakh
  • Earnings per share (basic and diluted): ₹18.18

Comparative Financial Performance

Quarterly Comparison (Q2 FY2026 vs Q2 FY2025):

  • Revenue decreased from ₹1,711.75 lakh to ₹1,691.95 lakh
  • Net profit decreased from ₹513.54 lakh to ₹455.57 lakh
  • EPS decreased from ₹11.33 to ₹10.05

Half Year Comparison (H1 FY2026 vs H1 FY2025):

  • Revenue increased from ₹2,977.90 lakh to ₹3,160.20 lakh
  • Net profit decreased from ₹842.51 lakh to ₹824.08 lakh
  • EPS decreased from ₹18.59 to ₹18.18

Balance Sheet Position (as of September 30, 2026)

  • Total assets: ₹11,699.34 lakh (vs ₹11,196.16 lakh as of March 31, 2026)
  • Equity share capital: ₹453.20 lakh (unchanged)
  • Other equity: ₹9,840.17 lakh (vs ₹9,469.29 lakh)
  • Cash and cash equivalents: ₹1,095.26 lakh (vs ₹938.24 lakh)
  • Inventories: ₹684.26 lakh (vs ₹793.82 lakh)
  • Trade receivables: ₹731.76 lakh (vs ₹538.05 lakh)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash from operating activities: ₹338.07 lakh
  • Net cash from investing activities: ₹280.30 lakh
  • Net cash used in financing activities: ₹(461.35) lakh
  • Net increase in cash: ₹157.01 lakh

Debt and Default Position

  • Total outstanding loans: ₹25.35 lakh
  • Amount of default: ₹0 (no defaults reported)
  • Total financial indebtedness including short-term and long-term debt: ₹0

Related Party Transactions

Disclosed various related party transactions totaling ₹2.84 lakh closing balance, including:

  • Reimbursement of expenses with Jasch Industries Ltd
  • Remuneration payments to key management personnel (Jai Kishan Garg, Manish Garg, Mahender Paliwal, Neeraj Kumar)
  • Sitting fees to independent directors (Neetu, Om Prakash Garg, Shri Bhagwan Gupta)
  • Transactions with related entities (Microspect USA Corporation, Indev Asia Ltd Hong Kong, IMARS Fashion, Paramount Intercontinental Pvt. Ltd)

Auditor Review

Mittal & Mittal Associates (Firm Registration No. 014511N) issued a limited review report confirming that nothing has come to their attention suggesting material misstatement in the financial results.