Board Meeting Details
The Board of Directors meeting was held on Saturday, July 25, 2026, at the company's registered office at Office No. 1029, 10th Floor, Ijmima Imitation Jewellery Market, CSL, Raheja Metroplex RD, Mind Space Complex, Malad West, Mumbai, Maharashtra 400064. The meeting commenced at 04:00 PM IST and concluded at 05:00 PM IST.
Board Approvals
The Board transacted and approved the following matters:
1. The Un-Audited Standalone and Consolidated Financial Results of the Company for the First Quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.
2. Approved the Limited Review Report on the Unaudited Standalone and Consolidated Financial Results for the First Quarter ended June 30, 2026.
Financial Results - Standalone (₹ in Lakhs)
Quarter Ended June 30, 2026 (Q1 FY27):
- Total income from operations: ₹1,113.47
- Net Loss before tax: ₹(27.78)
- Net Loss after tax: ₹(27.78)
- Basic and Diluted EPS: ₹(0.71)
- Equity Share Capital: ₹422.96
- Reserves: ₹Nil
Comparative Figures:
- Q4 FY26 (March 31, 2026): Net Profit of ₹14.69 lakh, EPS ₹0.37
- Q1 FY26 (June 30, 2025): Net Loss of ₹(4.16) lakh, EPS ₹(0.11)
Expense Breakdown (Q1 FY27):
- Purchase of Stock-in-trade: ₹1,180.25
- Change in Inventories: ₹(77.79)
- Employee benefits expenses: ₹5.85
- Other expenses: ₹32.95
- Total Expenses: ₹1,141.25
Financial Results - Consolidated (₹ in Lakhs)
The consolidated results include the operations of Any and Every Export Limited, a wholly owned foreign subsidiary acquired with effect from April 1, 2026. The subsidiary had not commenced commercial operations during the quarter.
Quarter Ended June 30, 2026 (Q1 FY27):
- Total income from operations: ₹1,113.47
- Net Loss before tax: ₹(27.78)
- Net Loss after tax: ₹(27.78)
- Basic and Diluted EPS: ₹(0.71)
- Equity Share Capital: ₹422.96
Subsidiary Information
The Parent Company acquired 100% stake in Any and Every Export Limited with effect from April 1, 2026. Consequently, the consolidated financial results for the quarter ended June 30, 2026 include the operations of this subsidiary. Since the Company had no subsidiaries prior to April 1, 2026, the comparative figures presented in the consolidated financial results represent the standalone figures of the Parent Company and are not strictly comparable.
Auditor Review
The financial results have been subject to Limited Review by the auditors Bakliwal & Co. (Registration No. 130381W). The review report states that nothing has come to their attention that causes them to believe that the unaudited financial statements contain any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.
Accounting Standards
The Financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013. The company operates in only one segment based on management approach as defined in Ind-AS 108.