Nature of the Disclosure

Regulatory filing pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the outcome of a Board of Directors meeting.

Key Quantitative Figures and Dates

The Board of Directors meeting was held on 14th November 2026, commencing at 11:00 a.m. and concluding at 12:45 p.m.

The Board approved and took on record the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30th September 2026.

Standalone Financial Highlights (Q2 FY2026):

  • Total Revenue: ₹2,608.42 Lakhs
  • Profit Before Tax: ₹28.51 Lakhs
  • Profit After Tax: ₹28.51 Lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.01

Standalone Financial Highlights (H1 FY2026):

  • Total Revenue: ₹4,368.63 Lakhs
  • Profit Before Tax: ₹109.93 Lakhs
  • Profit After Tax: ₹109.93 Lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.05

Consolidated Financial Highlights (Q2 FY2026):

  • Total Revenue: ₹4,313.92 Lakhs
  • Profit Before Tax: ₹523.94 Lakhs
  • Profit After Tax: ₹523.94 Lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.26

Consolidated Financial Highlights (H1 FY2026):

  • Total Revenue: ₹6,168.82 Lakhs
  • Profit Before Tax: ₹278.32 Lakhs
  • Profit After Tax: ₹278.32 Lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.14

Paid-up Equity Share Capital: ₹2,009.97 Lakhs (Face Value ₹1 per share) for all periods presented.

Parties Involved

The financial results include the consolidation of a subsidiary:

  • Solitaire Constructions Private Limited (CIN: U45202PN2003PTC018306)

The subsidiary contributed materially to the group, with H1 FY2026 revenues of ₹1,799.05 Lakhs and a net profit of ₹168.38 Lakhs. Its financial statements were not reviewed by the subsidiary's auditors or the group's auditor.

The statutory auditor for the company is Shakirali S Bojagar & Co. (FRN: 140392W), who issued a limited review report with an unmodified opinion on the results.

Segment-Wise Performance (H1 FY2026 - Consolidated)

Revenue:

  • Textiles: ₹3,665.98 Lakhs
  • Hydro Power: ₹702.65 Lakhs
  • Other Construction: ₹1,800.19 Lakhs

Results (Profit/Loss before tax & interest):

  • Textiles: Loss of ₹449.52 Lakhs
  • Hydro Power: Profit of ₹576.72 Lakhs
  • Other Construction: Profit of ₹215.40 Lakhs

Assets and Liabilities (Standalone as of 30.09.2026)

Total Assets: ₹19,780.85 Lakhs

  • Non-Current Assets: ₹6,952.06 Lakhs (incl. Property, Plant & Equipment: ₹5,930.66 Lakhs)
  • Current Assets: ₹12,828.79 Lakhs (incl. Inventories: ₹4,763.31 Lakhs; Trade Receivables: ₹3,442.36 Lakhs)

Total Equity and Liabilities: ₹19,780.85 Lakhs

  • Total Equity: ₹10,604.74 Lakhs
  • Total Liabilities: ₹9,176.11 Lakhs (Non-Current: ₹5,500.65 Lakhs; Current: ₹3,675.46 Lakhs)

Cash Flow Statement (H1 FY2026 - Standalone)

  • Net Cash from Operating Activities: ₹165.94 Lakhs
  • Net Cash from Investing Activities: ₹0.00
  • Net Cash from Financing Activities: -₹19.50 Lakhs
  • Net Increase in Cash: ₹136.44 Lakhs

Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors.

2. Figures for previous periods have been re-grouped/reclassified where necessary to conform to the current year's presentation.