Summary of Key Information:

Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Limited Review Report - No modifications to conclusion. Emphasis of matter on exceptional items.

Key Financial Highlights [in ₹ lakhs]:

Standalone Results:

Revenue from Operations: ₹2,570.79

Total Income: ₹2,573.26

Net Profit: ₹746.44

EPS (After exceptional items - Basic & Diluted): ₹2.45

Other Equity: ₹5,195.50

Quarterly Comparison:

| Metric | Q1 FY27 (Jun 2026) | Q1 FY26 (Jun 2025) | Q4 FY26 (Mar 2026) |

| Revenue from Operations | 2,570.79 | 2,508.63 | 3,166.45 |

| Total Income | 2,573.26 | 2,518.70 | 3,175.47 |

| Net Profit/(Loss) | 746.44 | (123.20) | 682.89 |

| EPS (After exceptional items) | 2.45 | (0.40) | 2.25 |

Expenditure Breakdown [Q1 FY27]:

Cost of materials consumed: ₹959.66

Employee benefits expense: ₹413.86

Finance Cost: ₹7.05

Depreciation and amortisation expense: ₹19.98

Other expenses: ₹407.75

Total Expenses: ₹2,865.24

Exceptional Items [Q1 FY27]:

Compensation to retired employees: ₹(27.03) [Non-Recurring]

Profit on sale of Non-current Assets held for sale: ₹978.25 [Non-Recurring]

Tax Expense [Q1 FY27]:

Current Tax: ₹(87.20)

Total Tax Expense: ₹(87.20)

Other Comprehensive Income [Q1 FY27]:

Remeasurement loss on defined benefit plans: ₹(6.25)

Tax effect: ₹1.63

Other Comprehensive Income after tax: ₹(4.63)

Total Comprehensive Income after tax: ₹741.82

Segment-wise Performance:

The Company has only one reportable primary business segment - Engineering as per Ind AS 108 "Operating Segments".

Corporate Actions:

Not Specified

Other Significant Information:

  • The company completed disposal of all immovable assets classified as held for sale at its Kolhapur Unit II during the quarter, resulting in a gain of ₹978.25 lakhs
  • During previous periods: Q1 FY26 gain on disposal of movable assets ₹218.75 lakhs; FY26 gain on disposal of movable assets ₹218.75 lakhs
  • During FY26, the company classified two acres of factory land at Unit I, Kolhapur (carrying amount ₹644.09 lakhs) and land and factory building of Unit II, Kolhapur (carrying amount ₹257.26 lakhs) as non-current assets held for sale
  • During Q1 FY27, the company completed the sale of land and factory building of Unit II, Kolhapur
  • The company has received entire consideration for factory land at Unit I and is in process of completing documentation
  • The figures are presented in Indian Rupees and rounded off to the nearest lakh