Financial Results for Quarter Ended 30 September 2026
- Revenue from operations: ₹279.10 crore (comprising sale/income from operations ₹276.51 crore and other operating income ₹2.59 crore)
- Other income: ₹3.00 crore
- Total Income: ₹282.10 crore
- Expenses: ₹280.89 crore (including cost of materials consumed ₹97.12 crore, employee benefits expense ₹25.62 crore, finance costs ₹16.54 crore, depreciation ₹19.70 crore, power and fuel expense ₹40.68 crore, cost of chemicals consumed ₹53.59 crore)
- Profit before tax: ₹1.22 crore
- Tax expense: ₹(1.02) crore (deferred tax)
- Net profit for the period: ₹2.24 crore
- Earnings per share (Basic and Diluted): ₹0.26
Financial Results for Half Year Ended 30 September 2026
- Revenue from operations: ₹582.85 crore (comprising sale/income from operations ₹578.21 crore and other operating income ₹4.64 crore)
- Other income: ₹5.85 crore
- Total Income: ₹588.70 crore
- Expenses: ₹576.71 crore
- Profit before tax: ₹11.98 crore
- Tax expense: ₹3.52 crore (deferred tax)
- Net profit for the period: ₹8.46 crore
- Earnings per share (Basic and Diluted): ₹0.97
Comparative Performance
Compared to the same quarter last year (30 September 2025):
- Revenue from operations decreased marginally from ₹279.70 crore to ₹279.10 crore
- Net profit decreased from ₹5.77 crore to ₹2.24 crore (61% decline)
- EPS decreased from ₹0.66 to ₹0.26
Compared to the previous quarter (30 June 2026):
- Revenue from operations decreased from ₹303.75 crore to ₹279.10 crore
- Net profit decreased from ₹6.23 crore to ₹2.24 crore (64% decline)
- EPS decreased from ₹0.71 to ₹0.26
Operational Impact Disclosure
The company's production and profitability were impacted due to a planned shutdown of one of its production lines at the manufacturing facility from 29th June 2026 to 25th August 2026 (58 days) undertaken as part of the Mill Expansion & Upgradation Project. The company also carried out a planned shutdown and maintenance of its Power Plant including both Thermal Boilers and two Turbine Generator (TG) facilities during this period to enable the upgradation of the overall Utility Block. Following the completion of the upgradation activities, the production line was successfully recommissioned on 26th August 2026.
Assets and Liabilities Position (as at 30 September 2026)
- Total assets: ₹2,559.50 crore (vs ₹2,398.86 crore as at 31 March 2026)
- Non-current assets: ₹2,266.13 crore (including property, plant and equipment ₹2,066.03 crore, capital work-in-progress ₹139.00 crore)
- Current assets: ₹293.37 crore (including inventories ₹150.18 crore, cash and cash equivalents ₹60.77 crore)
- Total equity: ₹1,214.96 crore (equity share capital ₹8.72 crore, other equity ₹1,206.23 crore)
- Non-current liabilities: ₹913.57 crore (including borrowings ₹708.68 crore)
- Current liabilities: ₹430.96 crore (including borrowings ₹252.91 crore)
Cash Flow Statement (Half Year Ended 30 September 2026)
- Net cash from operating activities: ₹110.26 crore
- Net cash used in investing activities: ₹(140.84) crore (mainly acquisition of property, plant and equipment ₹133.78 crore)
- Net cash from financing activities: ₹50.43 crore (proceeds from long-term borrowings ₹228.37 crore, repayment of long-term borrowings ₹156.88 crore)
- Net increase in cash and cash equivalents: ₹19.84 crore