Key Financial Figures - Standalone (₹ in lakhs)
Income Statement Q1 FY27 (Quarter ended June 30, 2026):
- Revenue from operations: ₹17,311.16 (compared to ₹22,405.56 in Q1 FY26, decrease of 22.7%)
- Other income: ₹35.40 (compared to ₹69.16 in Q1 FY26)
- Total income: ₹17,346.56 (compared to ₹22,474.72 in Q1 FY26)
Expenses Q1 FY27:
- Cost of materials consumed: ₹7,274.23
- Changes in inventories: ₹7,087.54 (increase)
- Employee benefits expense: ₹907.62
- Finance costs: ₹397.32
- Depreciation and amortization: ₹473.88
- Other expenses: ₹1,509.10
- Total expenses: ₹17,649.70
Profit/Loss Q1 FY27:
- Loss before exceptional items and tax: ₹(303.14) (compared to profit of ₹723.74 in Q1 FY26)
- Loss before tax: ₹(303.14)
- Tax expense: ₹(75.54) (deferred tax credit)
- Net loss for the period: ₹(227.59) (compared to net profit of ₹720.09 in Q1 FY26)
- Other comprehensive income: ₹(1.47) (remeasurement of defined benefit plan)
- Total comprehensive income: ₹(229.06)
Key Financial Figures - Consolidated (₹ in lakhs)
Income Statement Q1 FY27:
- Revenue from operations: ₹17,311.16
- Other income: ₹35.94
- Total income: ₹17,347.10
Expenses Q1 FY27:
- Total expenses: ₹17,633.91
Profit/Loss Q1 FY27:
- Loss before exceptional items and tax: ₹(286.81)
- Loss before tax: ₹(286.81)
- Tax expense: ₹(71.43)
- Net loss for the period from continuing operations: ₹(215.38)
- Share in net loss of associate: ₹(5.70)
- Net loss for the period: ₹(221.08)
- Total comprehensive income: ₹(222.55)
Comparative Performance
Standalone YoY Comparison (Q1 FY27 vs Q1 FY26):
- Revenue declined from ₹22,405.56 lakhs to ₹17,311.16 lakhs
- Net profit turned to loss of ₹(227.59) lakhs from profit of ₹720.09 lakhs
- Basic EPS turned negative at (₹0.43) from positive ₹1.40
Consolidated YoY Comparison (Q1 FY27 vs Q1 FY26):
- Net loss of ₹(221.08) lakhs compared to profit of ₹725.84 lakhs
- Basic EPS turned negative at (₹0.42) from positive ₹1.41
Capital Structure
- Paid up equity share capital: ₹526.96 lakhs (Face value Re. 1 per share)
- Number of shares: 5,269,600 shares (unchanged from previous periods)
Earnings Per Share
Standalone Q1 FY27:
- Basic EPS: (₹0.43)
- Diluted EPS: (₹0.43)
Consolidated Q1 FY27:
- Basic EPS: (₹0.42)
- Diluted EPS: (₹0.42)
Exceptional Items
For year ended March 31, 2026:
- Loss of ₹377.54 lakhs on account of estimated settlement of fire insurance claim
- Loss of ₹77.01 lakhs on account of New Labour Code 2025
- Total exceptional items: ₹454.55 lakhs for FY26
Subsidiary and Associate Information
The consolidated financial statements include:
- Wholly owned subsidiary: Kriti Auto and Engineering Plastics Pvt. Ltd.
- Associate company: FP Elite Energy Private Limited (unaudited results)
- Group's share of net loss after tax from associate: ₹5.70 lakhs for Q1 FY27
- Associate results are unreviewed/unaudited but certified by management
Regulatory and Approval Details
- Results reviewed by Audit Committee meeting held on August 10, 2026
- Approved by Board of Directors meeting held on August 11, 2026
- Statutory auditors: M. Mehta & Company (Firm Registration No. 000957C)
- Auditors issued unmodified review reports on both standalone and consolidated results
- Filing pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015
- Prepared in accordance with Ind AS 34 (Interim Financial Reporting)
Additional Information
- The Group has only one business segment - Plastics as per Ind AS 108
- Figures for quarter ended March 31, 2026 are balancing figures between audited full year and reviewed year-to-date figures
- Advertisement to be published in widely circulated English and Hindi newspapers
- XBRL format filing to be completed within stipulated time