Board Meeting Details

The Board of Directors meeting was held on September 21, 2026, commencing at 5:00 p.m. and concluding at 6:30 p.m. The meeting approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.

Financial Results Overview

Standalone Financial Results (₹ in Lakhs)

  • Total Income: ₹52,673.42 for Q1 FY27 (June 2026 quarter)
  • Revenue from Operations: ₹52,142.96
  • Other Income: ₹530.46
  • Total Expenses: ₹47,224.00
  • Profit Before Tax: ₹5,449.42
  • Tax Expense: ₹1,765.15
  • Current Tax: ₹(447.76) [credit]
  • Deferred Tax: ₹1,419.61 [charge]
  • Net Profit After Tax: ₹4,029.81
  • Earnings Per Share (₹5 face value): Basic ₹1.65, Diluted ₹1.65

Consolidated Financial Results (₹ in Lakhs)

  • Total Income: ₹52,680.27 for Q1 FY27
  • Revenue from Operations: ₹52,142.96
  • Other Income: ₹537.31
  • Total Expenses: ₹47,225.19
  • Profit Before Tax: ₹5,436.52
  • Tax Expense: ₹1,419.32
  • Net Profit After Tax: ₹4,017.20
  • Earnings Per Share (₹5 face value): Basic ₹1.65, Diluted ₹1.65

Segment Performance (Standalone)

Revenue Breakdown

  • Manufacturing: ₹37,102.85 (71.2% of total)
  • EPC: ₹15,040.11 (28.8% of total)

Segment Profit Before Interest & Tax

  • Manufacturing: ₹4,865.50
  • EPC: ₹2,575.38
  • Total Segment Results: ₹7,440.88

Comparative Performance

Quarter-over-Quarter Comparison (Standalone)

  • Total Income: ₹52,673.42 (Jun-2026) vs ₹72,952.06 (Mar-2026)
  • Net Profit: ₹4,029.81 (Jun-2026) vs ₹6,642.41 (Mar-2026)
  • EPS: ₹1.65 (Jun-2026) vs ₹2.73 (Mar-2026)

Year-over-Year Comparison (Standalone)

  • Total Income: ₹52,673.42 (Jun-2026) vs ₹44,753.20 (Jun-2025)
  • Net Profit: ₹4,029.81 (Jun-2026) vs ₹3,033.48 (Jun-2025)
  • EPS: ₹1.65 (Jun-2026) vs ₹1.25 (Jun-2025)

Capital Structure

  • Paid-up Equity Share Capital: ₹12,178.90 lakhs (Face Value ₹5 per share)
  • Number of Outstanding Shares: 243,578,000 shares

IPO Completion Disclosure

The company completed its Initial Public Offering (IPO) subsequent to the quarter ended June 30, 2026:

  • Total Issue Size: 85,365,851 equity shares
  • Issue Price: ₹82 per share (including premium of ₹77)
  • Fresh Issue: 60,975,609 equity shares aggregating ₹50,000.00 lakhs
  • Offer for Sale: 24,390,242 equity shares by promoters aggregating ₹20,000.00 lakhs
  • Listing Date: September 3, 2026 on NSE and BSE

Auditor Review and Qualifications

The financial results were subject to limited review by joint statutory auditors:

  • Singhi & Co., Chartered Accountants (Firm Registration No. 302049E)
  • SDP & Associates, Chartered Accountants (Firm Registration No. 322176E)

Key Qualifications:

1. Figures for corresponding quarter ended June 30, 2025 were not reviewed by auditors as quarterly reporting requirements became applicable only from June 2026 quarter due to listing

2. Financial results include two limited liability partnerships (Lumino Jupiter Solar LLP and Luminaard LLP) with share of profit/(loss) of ₹(6.85) lakhs, which were not reviewed by their auditors

3. Financial results include foreign branch in Rwanda with total revenue of ₹12.98 lakhs, which was not reviewed by their auditors

4. Management certified that unreviewed entities are not material to the company

Subsidiaries and Joint Ventures Included

The consolidated results include:

  • Subsidiaries: RJ Green Energy Pvt. Ltd., Lumino Green Energy Pvt. Ltd., Lumino Solar Energy Pvt. Ltd., Lumino Renewable Energy Pvt. Ltd.
  • Joint Ventures: LIL-PCSCPL-JV, LIL-ASPL-JV, Lumino SMC JV
  • Note: SIPS-LUMINO-ZETWERK (JV EPC - 4) not consolidated as per joint venture agreement terms