1. Financial Results Approval

The Board approved the unaudited standalone financial results of the company for the quarter ended June 30, 2026, along with the Limited Review Report by the Statutory Auditor. The results were sent for publication in newspapers.

2. Director Re-appointment

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the re-appointment of Mr. Pramod Kumar Kothari (DIN: 00086145), who retires by rotation under Section 152(6) of the Companies Act, 2013. His re-appointment is subject to shareholder approval at the ensuing 36th Annual General Meeting. The required details under Regulation 30 will be provided in the AGM notice.

3. Annual General Meeting

The draft notice for convening the 36th AGM, scheduled for Wednesday, September 30, 2026, was approved. The notice will be sent in due course.

Financial Results for Quarter Ended June 30, 2026 (Unaudited)

(Rs. in Lakhs Except EPS)

Income Statement

  • Revenue from operations: ₹3,041.20 (Q1 FY26: ₹2,375.31; Q4 FY26: ₹3,246.80; FY26: ₹11,213.19)
  • Other Income: ₹3.57 (Q1 FY26: ₹0.00; Q4 FY26: ₹72.89; FY26: ₹73.68)
  • Total Income: ₹3,044.77 (Q1 FY26: ₹2,375.31; Q4 FY26: ₹3,319.69; FY26: ₹11,286.87)

Expenses

  • Cost of Materials consumed: ₹1,539.94 (Q1 FY26: ₹1,064.16; Q4 FY26: ₹1,422.71; FY26: ₹5,241.51)
  • Changes in inventories: ₹(0.34) [negative] (Q1 FY26: ₹20.25; Q4 FY26: ₹(37.97); FY26: ₹59.16)
  • Employees benefit expense: ₹313.26 (Q1 FY26: ₹270.84; Q4 FY26: ₹382.62; FY26: ₹1,232.10)
  • Power & Fuel: ₹623.43 (Q1 FY26: ₹536.70; Q4 FY26: ₹801.46; FY26: ₹2,695.25)
  • Finance Cost: ₹91.32 (Q1 FY26: ₹79.57; Q4 FY26: ₹108.80; FY26: ₹369.93)
  • Depreciation & amortization: ₹174.07 (Q1 FY26: ₹174.88; Q4 FY26: ₹175.41; FY26: ₹700.24)
  • Other expenses: ₹299.80 (Q1 FY26: ₹317.61; Q4 FY26: ₹385.81; FY26: ₹1,334.02)
  • Total expenses: ₹3,041.48 (Q1 FY26: ₹2,464.01; Q4 FY26: ₹3,239.72; FY26: ₹11,633.10)

Profitability

  • Profit before exceptional items and tax: ₹3.30 (Q1 FY26: ₹(88.70); Q4 FY26: ₹79.97; FY26: ₹(346.23))
  • Exceptional Items: None
  • Profit before tax: ₹3.30 (Q1 FY26: ₹(88.70); Q4 FY26: ₹79.97; FY26: ₹(346.23))
  • Tax expense:
  • Current Tax: ₹0.00
  • Deferred Tax: ₹(3.16) [credit] (Q1 FY26: ₹23.76; Q4 FY26: ₹(47.30); FY26: ₹(47.30))
  • Net Profit after tax: ₹6.45 (Q1 FY26: ₹(112.46); Q4 FY26: ₹127.26; FY26: ₹(298.93))

Comprehensive Income

  • Other Comprehensive Income: ₹9.18 (Q1 FY26: ₹(3.63); Q4 FY26: ₹47.60; FY26: ₹36.71)
  • Remeasurement of Defined Benefit Plans: ₹12.40 (Q1 FY26: ₹(5.03); Q4 FY26: ₹64.70; FY26: ₹49.60)
  • Tax relating to Defined Benefit Plans: ₹(6.22) [negative] (Q1 FY26: ₹1.40; Q4 FY26: ₹(17.10); FY26: ₹(12.90))
  • Total Comprehensive Income: ₹15.63 (Q1 FY26: ₹(116.09); Q4 FY26: ₹174.86; FY26: ₹(262.22))

Capital and Per Share Data

  • Paid-up Equity Share Capital: ₹1,500 lakh (face value ₹10 each) (unchanged from previous periods)
  • Earnings Per Share (Basic): ₹0.04 (not annualized) (Q1 FY26: ₹(0.75); Q4 FY26: ₹0.85; FY26: ₹(1.99))
  • Earnings Per Share (Diluted): ₹0.04 (not annualized) (Q1 FY26: ₹(0.75); Q4 FY26: ₹0.85; FY26: ₹(1.99))

Notes to Financial Results

1. The company's business primarily falls within a single segment of 'Yeast' and has expanded into cattle feed products with strong synergy. Resources are allocated interchangeably across the company, and performance is reviewed as one segment. Accordingly, under IND AS-108, the company has a single reportable operating segment of "Yeast."

2. The financial results have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under Section 133 of the Companies Act, 2013.

3. Previous period figures have been regrouped/rearranged wherever necessary to conform to the current period's classification.

4. The results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on August 13, 2026.

Auditor's Review

Kothari Kuldeep & Co., Chartered Accountants (Firm Registration No.: 015960C), issued a limited review report on the financial results. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI. Based on their review, nothing came to their attention that causes them to believe that the financial results:

  • Have not been prepared in all material respects in accordance with IND AS and other recognized accounting practices and policies
  • Have not disclosed the information required to be disclosed under Listing Regulations
  • Contain any material misstatement

The review report was signed by Partner Kuldeep Kothari (Membership No. 413714) and dated August 13, 2026.