Date: May 25, 2026

Board Meeting Outcomes

  • Considered and approved Audited (Standalone and Consolidated) Financial Results for Quarter and Financial Year ended March 31, 2026
  • Approved appointment of M/s. Jagdish Verma & Co. as Internal Auditors for FY2026-2027
  • Approved appointment of M/s. K.V. Melwani & Associates as Cost Auditors for FY2026-2027
  • Did not recommend Dividend for Financial Year 2025-26

Financial Results (Standalone)

Income Statement (FY2026)

  • Revenue from operations: ₹2,12,784.74 lakhs
  • Total expenses: ₹2,14,492.33 lakhs
  • Profit before tax: ₹8,591.71 lakhs
  • Tax expense: ₹1,862.72 lakhs
  • Profit after tax: ₹6,728.99 lakhs
  • Total comprehensive income: ₹6,257.32 lakhs
  • Basic EPS: ₹0.67

Balance Sheet (as at March 31, 2026)

  • Total assets: ₹1,56,288.53 lakhs
  • Property, plant and equipment: ₹16,361.35 lakhs
  • Inventories: ₹29,428.05 lakhs
  • Trade receivables: ₹58,786.42 lakhs
  • Cash and cash equivalents: ₹3,680.33 lakhs
  • Total equity: ₹77,908.48 lakhs
  • Borrowings: ₹55,881.95 lakhs (current) + ₹4,313.77 lakhs (non-current)
  • Trade payables: ₹18,461.28 lakhs

Financial Results (Consolidated)

Income Statement (FY2026)

  • Revenue from operations: ₹2,28,553.94 lakhs
  • Other income: ₹946.58 lakhs
  • Total revenue: ₹2,29,500.52 lakhs
  • Total expenses: ₹2,21,256.66 lakhs
  • Profit before tax: ₹8,243.86 lakhs
  • Tax expense: ₹1,362.58 lakhs
  • Profit after tax: ₹6,880.50 lakhs
  • Total comprehensive income: ₹6,981.11 lakhs
  • Basic EPS: ₹0.70

Segment Performance (FY2026)

  • Textiles segment revenue: ₹2,27,690.32 lakhs, segment profit: ₹14,242.77 lakhs
  • Electric Vehicles segment revenue: ₹836.30 lakhs, segment loss: ₹(814.93) lakhs

KMP / Board Changes

  • CS Ashish Thaker continues as Company Secretary & Compliance Officer
  • Amit Agrawal continues as Vice-Chairman & Managing Director

Dividend Declaration

  • No dividend recommended for Financial Year 2025-26

Other Operational Disclosures

  • On May 20, 2025, company sold stake in June Industries Ltd (formerly Kashyap Tele-Medicine Limited)
  • On August 6, 2025, company disposed of 51% investment in Goodcore Spintex Limited, reducing shareholding from 100% to 49%
  • Goodcore Spintex Limited ceased to be subsidiary and became associate
  • Transaction resulted in loss recognized under "Other Expenses - Loss on deconsolidation of subsidiary"
  • Company evaluating impact of New Labour Codes effective from November 21, 2025

Appointments

Internal Auditors

  • Name: M/s. Jagdish Verma & Co., Chartered Accountants
  • FRN: 103837W
  • Term: April 1, 2026 to March 31, 2027
  • Type: Re-appointment

Cost Auditors

  • Name: M/s. K.V. Melwani & Associates, Practicing Cost Accountants
  • Membership No.: M/10171
  • Term: April 1, 2026 to March 31, 2027
  • Type: Re-appointment