Board Meeting Details
The Board of Directors meeting was held on 11th August 2026, commencing at 12:00 p.m. and concluding at 12:45 p.m.
Key Decisions
1. Considered and approved the Unaudited Financial Results of the Company for the quarter ended 30th June 2026, as recommended by the Audit Committee at its meeting held on the same date.
2. Decided to convene the 80th Annual General Meeting on Wednesday, 9th September 2026.
Financial Results for Quarter Ended 30th June 2026
Income Statement (₹ in Lakhs):
- Revenue from Operations: ₹0.00
- Other Income: ₹423.71 (includes Gain/Loss on fair valuation of investments)
- Total Income: ₹457.34
- Employee benefits expenses: ₹17.55
- Depreciation and amortization expenses: ₹2.00
- Other expenses: ₹5.91
- Total Expenses: ₹25.46
- Profit before tax: ₹431.88
- Tax expenses: ₹108.70 (Current Tax: ₹7.17, Deferred Tax: ₹101.53, Income Tax (Prior Years): ₹0.00)
- Profit for the period: ₹323.18
- Other Comprehensive Income: (₹0.82)
- Total Comprehensive Income: ₹322.36
Comparative Figures (₹ in Lakhs):
- Quarter Ended 31st March 2026: Net Loss of ₹118.26
- Quarter Ended 30th June 2025: Net Profit of ₹226.80
- Previous Year Ended 31st March 2026: Net Loss of ₹41.69
Earnings Per Share:
- Basic EPS: ₹6.01 (compared to ₹4.22 in Q1 previous year and (₹2.20) in previous quarter)
- Diluted EPS: ₹6.01 (compared to ₹4.22 in Q1 previous year and (₹2.20) in previous quarter)
Capital Structure:
- Paid-up Equity Share Capital (FV ₹5 per share): ₹268.75 lakhs (unchanged)
- Other Equity (excluding Revaluation Reserve): Not specified for current quarter (₹2,471.89 lakhs as of previous year end)
Notes to Financial Results
1. The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on 11th August 2026.
2. Prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.
3. Other Income includes Gain/Loss on fair valuation of investments.
4. Figures for the three months ended 31st March 2026 are balancing figures between audited full-year figures and published year-to-date figures up to the third quarter of previous financial year.
5. Company's operations comprise income from lease of company properties located at its registered office. No separate reportable segments under Ind AS 108.
6. Previous period figures have been regrouped/reclassified/restated wherever considered necessary.
Auditor's Review
N. M. Nagri & Co., Chartered Accountants, conducted a limited review of the unaudited financial results and issued an unmodified review opinion. Their conclusion states that nothing has come to their attention that causes them to believe the statement contains any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.