Board Meeting Details

  • Meeting Date: August 7, 2026
  • Commencement Time: 11:00 AM
  • Conclusion Time: 12:15 PM

Board Approvals

The Board of Directors considered and approved the following items:

1. Un-Audited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report of the Auditors for the same period.

2. Draft Board's Report for the year ended March 31, 2026.

3. Appointment of Ms. Sharvari Sham Kulkarni, Practising Company Secretary, as Scrutinizer for the e-voting process for the Annual General Meeting.

4. Fixing the date of the Annual General Meeting on September 24, 2026, at 11:00 A.M.

5. Approval for reappointment of Mr. Jacob Mammen as Director, who retires by rotation and is eligible for reappointment.

Financial Results Summary (Quarter Ended June 30, 2026)

All figures in ₹ lakhs (Unaudited)

Income Statement Highlights

  • Revenue from operations: ₹1,123.98 (Previous quarter: ₹997.65; Year-ago quarter: ₹919.58)
  • Other Income: ₹0.74 (Previous quarter: ₹2.32; Year-ago quarter: ₹0.44)
  • Total Income: ₹1,124.73 (Previous quarter: ₹999.97; Year-ago quarter: ₹920.02)

Expense Breakdown

  • Cost of materials consumed: ₹614.81
  • Changes in inventories: (₹132.66) [negative indicates decrease in inventory]
  • Employee benefit expenses: ₹201.57
  • Finance cost: ₹27.89
  • Other expenses: ₹21.45
  • Total Expenses: ₹1,032.51

Profitability Metrics

  • Profit before exceptional items and tax: ₹92.22
  • Exceptional Items: ₹0 (no exceptional items reported)
  • Profit before tax: ₹92.22
  • Tax Expense: ₹0 (both current tax and deferred tax)
  • Net Profit for the period: ₹92.22 (Year-ago quarter: loss of ₹49.32)
  • Earnings per share (Basic and Diluted): ₹1.48 (Year-ago quarter: loss of ₹0.79)

Comparative Performance

  • Quarterly revenue increased by 22.2% year-over-year (from ₹919.58 lakh to ₹1,123.98 lakh)
  • Quarterly net profit showed significant improvement from a loss of ₹49.32 lakh to a profit of ₹92.22 lakh
  • The company reported no profit or loss from discontinued operations

Auditor's Limited Review Report

Narayan Bhat & Co., Chartered Accountants (FRN: 05011S), represented by Partner CA Sagar Shetty (M.No. 263790), issued a limited review report on the unaudited financial results for the quarter ended June 30, 2026.

Key Auditor Findings

  • Review conducted in accordance with Standard on Review Engagement (SRE) 2410
  • Financial results prepared in accordance with Ind AS 34 "Interim Financial Reporting"
  • Prepared pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Auditors found no material misstatements and confirmed compliance with disclosure requirements
  • Report dated: August 7, 2026
  • UDIN: 26263790ZINLDF5979

Additional Information

  • The company notes that AS-17 regarding segment reporting is not applicable
  • Document signed by Meenakshi R, Company Secretary, and Roy Mammen, Managing Director
  • Place of signing: Bangalore

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