Nature of Event

The Board of Directors of Linc Limited held a meeting on Thursday, 6th August 2026, which commenced at 4:00 PM and concluded at 5:30 PM. The meeting approved several items as part of regulatory disclosures under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Approvals

1. Unaudited Financial Results: Approved the unaudited standalone and consolidated financial results for the quarter ended 30th June 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015. A limited review report was provided by the auditors, M/s. Singhi & Co., Chartered Accountants (Firm Registration No. 302049E), with partner Ankit Dhelia (Membership No. 069178).

2. Re-appointment of Director: Re-appointed Shri Sanjay Jhunjhunwalla (DIN: 00233225) as a Non-Executive, Independent Director for a further period of 5 years with effect from 12th November 2026, subject to the approval of shareholders.

3. Revision in Remuneration: Revised the yearly remuneration of Shri Aakash Aloke Jalan and Shri Utkarsh Aloke Jalan to not exceeding Rs. 40,00,000/- each with effect from 1st November 2026, subject to the approval of shareholders and pursuant to section 188 of the Companies Act, 2013.

4. Postal Ballot Notice: Approved the postal ballot notice, with details enclosed as per SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026.

Financial Results Highlights (Consolidated)

For the quarter ended 30th June 2026 (unaudited):

  • Revenue from Operations: Rs. 13,894.81 lakhs
  • Other Income: Rs. 45.26 lakhs
  • Total Income: Rs. 13,940.07 lakhs
  • Total Expenses: Rs. 13,146.78 lakhs
  • Cost of Material Consumed: Rs. 3,031.19 lakhs
  • Purchase of Stock-in-Trade: Rs. 6,885.92 lakhs
  • Changes in Inventories: (Rs. 1,152.96) lakhs
  • Employee Benefits Expense: Rs. 2,195.69 lakhs
  • Finance Cost: Rs. 75.94 lakhs
  • Depreciation and Amortisation: Rs. 385.08 lakhs
  • Other Expenses: Rs. 1,725.92 lakhs
  • Profit before Exceptional Items and Tax: Rs. 793.29 lakhs
  • Exceptional Items: None
  • Profit before Tax: Rs. 793.29 lakhs
  • Tax Expenses: Rs. 211.69 lakhs
  • Current Tax: Rs. 229.16 lakhs
  • Deferred Tax: (Rs. 17.47) lakhs
  • Tax for Earlier Years: Rs. 0.00 lakhs (not applicable for this quarter)
  • Profit for the Period before Share of Joint Venture: Rs. 581.60 lakhs
  • Share of Profit/(Loss) of Joint Ventures: Rs. 23.00 lakhs
  • Profit for the Period: Rs. 604.60 lakhs
  • Profit Attributable to:
  • Owners of the Parent: Rs. 580.82 lakhs
  • Non-Controlling Interest: Rs. 23.78 lakhs
  • Other Comprehensive Income (net of tax): (Rs. 36.23) lakhs
  • Items not reclassified to profit or loss: (Rs. 5.33) lakhs
  • Items reclassified to profit or loss: (Rs. 13.30) lakhs
  • Share of Other Comprehensive Income of Joint Ventures: (Rs. 17.60) lakhs
  • Total Comprehensive Income: Rs. 568.37 lakhs
  • Attributable to Owners of the Parent: Rs. 544.59 lakhs
  • Attributable to Non-Controlling Interest: Rs. 23.78 lakhs
  • Paid-up Equity Share Capital: Rs. 2,974.46 lakhs (Face Value: Rs. 5/- each)
  • Earnings per Share (Basic): Rs. 0.98

Comparative figures:

  • Quarter ended 31st March 2026 (audited): Revenue Rs. 13,766.98 lakhs, Net Profit Attributable to Owners Rs. 1,046.01 lakhs, EPS Rs. 1.76
  • Quarter ended 30th June 2025 (unaudited): Revenue Rs. 13,697.53 lakhs, Net Profit Attributable to Owners Rs. 704.73 lakhs, EPS Rs. 1.18
  • Year ended 31st March 2026 (audited): Revenue Rs. 54,300.55 lakhs, Net Profit Attributable to Owners Rs. 3,274.28 lakhs, EPS Rs. 5.50

Notes to Financial Results

  • The financial results were reviewed by the Audit Committee and approved by the Board on 6th August 2026.
  • The figures for the quarter ended March 31, 2026, are balancing figures between audited annual figures and unaudited quarterly figures up to December 31, 2025.
  • The Group's business activity falls within a single reportable operating segment: "Writing Instruments and Stationery" as per Ind AS 108.
  • The Holding company received a demand order dated January 31, 2025, for short payment of GST amounting to Rs. 353.39 lakhs and penalty of Rs. 353.39 lakhs plus applicable interest, related to HSN classification of pen refills. The company filed an appeal on March 23, 2025, and based on expert advice, no provision has been made as they believe they have a strong case.
  • Consolidated entities include:
  • Parent: Linc Limited
  • Subsidiaries: Gelx Industries Limited (Kenya), Linc On Ecommerce Private Limited (w.e.f. 8th July 2025), Morris Linc Private Limited (joint venture till 3rd November 2025, subsidiary w.e.f. 4th November 2025)
  • Joint Ventures: Silka Linc Kirtasiye Urunleri Sanayi Anonim Sirketi (Turkey), Uni Linc India Private Limited
  • For consolidated results, reliance on other auditors for subsidiaries and joint ventures, with specific financial contributions:
  • Gelx Industries Limited (Kenya): Revenue Rs. 284.10 lakhs, Net Loss after tax (Rs. 7.73) lakhs, Total Comprehensive Income (Rs. 21.03) lakhs for quarter ended June 30, 2026
  • One subsidiary in India: Revenue Rs. 755.47 lakhs, Net Profit after tax Rs. 104.89 lakhs, Total Comprehensive Income Rs. 104.89 lakhs
  • One joint venture in India: Share of Profit/(Loss) after tax (Rs. 1.49) lakhs, Other Comprehensive Income Rs. Nil
  • One joint venture: Share of Profit after tax Rs. 24.49 lakhs, Other Comprehensive Income (Rs. 17.60) lakhs (not reviewed by auditors, certified by management)

Details of Re-appointment (Annexure)

  • Name: Shri Sanjay Jhunjhunwalla (DIN: 00233225)
  • Age: 63 years
  • Education: Commerce graduate from Calcutta University
  • Experience: Over 39 years in diverse areas; Whole Time Director of Turtle Limited; involved in brand building and social welfare activities; member of various trade committees.
  • Relationship: Not related to any other directors of the company.
  • Compliance: Not debarred from holding directorship per SEBI orders.

Auditors' Report

  • Limited review report by Singhi & Co. with unmodified conclusion for both standalone and consolidated financial results.
  • Review conducted in accordance with Standard on Review Engagement (SRE) 2410.
  • For consolidated results, procedures performed as per SEBI Circular under Regulation 33(8).