Board Meeting Details

The Board of Directors meeting was held on August 12, 2026, at the company's registered office. The meeting commenced at 5:00 PM and concluded at 6:30 PM. The board considered and approved the unaudited standalone and consolidated financial results for Q1 FY27.

Consolidated Financial Results (Q1 FY27)

Financial Performance:

  • Revenue from operations: ₹3,080.51 lakhs
  • Other income: ₹35.38 lakhs
  • Total revenue: ₹3,115.89 lakhs
  • Total expenditure: ₹3,110.75 lakhs
  • Profit from operations before tax: ₹5.14 lakhs
  • Tax expense: ₹1.23 lakhs (Current tax: ₹40.35 lakhs, Deferred tax: -₹39.12 lakhs)
  • Profit for the period: ₹3.91 lakhs
  • Other comprehensive income: ₹3.65 lakhs
  • Total comprehensive income: ₹7.56 lakhs

Earnings Per Share:

  • Basic EPS: ₹0.04
  • Diluted EPS: ₹0.04

Capital Structure:

  • Paid-up equity share capital: ₹1,062.03 lakhs (Face value: ₹10 per share)

Standalone Financial Results (Q1 FY27)

Financial Performance:

  • Revenue from operations: ₹1,399.81 lakhs
  • Other income: ₹23.99 lakhs
  • Total revenue: ₹1,423.80 lakhs
  • Total expenditure: ₹1,649.59 lakhs
  • Loss from operations before tax: ₹(225.79) lakhs
  • Tax benefit: ₹(48.25) lakhs (Deferred tax)
  • Loss for the period: ₹(177.54) lakhs
  • Other comprehensive income: ₹3.65 lakhs
  • Total comprehensive income: ₹(173.88) lakhs

Earnings Per Share:

  • Basic EPS: ₹(1.67)
  • Diluted EPS: ₹(1.67)

Capital Structure:

  • Paid-up equity share capital: ₹1,062.03 lakhs (Face value: ₹10 per share)

Subsidiary Information

The consolidated results include Mahalaxmi Exports Private Limited (MEPL), a wholly-owned subsidiary (CIN: U17299GJ2019PTC110673). MEPL contributed:

  • Group's share of total revenues: ₹1,692.09 lakhs
  • Group's share of net profit after tax: ₹181.45 lakhs
  • Group's share of total comprehensive income: Nil

The subsidiary's financial results were reviewed by their independent auditors, and the parent company's auditors relied on these reports for their conclusion.

Auditor Review

M/s. Jain Chowdhary & Co., Chartered Accountants (Firm Registration No. 113267W), conducted a limited review of both standalone and consolidated financial results. The review was performed in accordance with SRE 2410 and SEBI Circular CIR/CFD/CMD1/44/2019 dated March 29, 2019.

The auditors concluded that nothing came to their attention that causes them to believe that the financial results contain any material misstatement or fail to disclose required information under SEBI Listing Regulations.

Non-Applicable Disclosures

  • Statement on deviation/variation of issue proceeds: Not applicable
  • Format for disclosing outstanding defaults: Not applicable
  • Format for related party transactions: Not applicable (half-yearly filing)
  • Statement on impact of audit qualifications: Not applicable (annual filing)