Key Board Approvals

The Board of Directors, at its meeting held on 29th July 2026, approved the following items:

  • Approved and adopted the Un-audited Financial Results of the Company for the first quarter ended 30th June 2026. The results were reviewed and recommended by the Audit Committee.
  • Approved the reconstitution of the Board Committees of the Company.

The meeting commenced at 12:00 PM and concluded at 2:00 PM.

Financial Results for Q1 FY27 (Quarter ended 30th June 2026)

The company reported the following standalone financial results (all figures in ₹ crore, unless specified):

Income Statement Highlights:

  • Total Income: ₹16.139 crore
  • Total Expenses: ₹5.800 crore
  • Cost of materials consumed: ₹3.692 crore
  • Employee benefits expenses: ₹2.109 crore
  • Profit before tax and exceptional items: ₹10.339 crore
  • Total Tax Expense: ₹2.602 crore (all Current Tax)
  • Net Profit after tax: ₹7.737 crore
  • Total Comprehensive Income for the period: ₹7.737 crore

Earnings Per Share (Face Value of ₹10 each, not annualized):

  • Basic EPS: ₹0.039
  • Diluted EPS: ₹0.039

Balance Sheet Highlights:

  • Paid-up equity share capital: ₹1,976.625 crore
  • Other Equity: ₹913.316 crore (as of 31st March 2026)

Board Committee Reconstitution

The revised composition of the Board Committees becomes effective from the close of business hours on 30th July 2026. The new composition is as follows:

Audit Committee:

  • Mr. Himanshu Agarwal (Non-Executive Independent Director) - Chairman
  • Mr. Krishan Khadaria (Non-Executive Director) - Member
  • Ms. Nirali Thingalaya (Non-Executive Independent Director) - Member

Nomination and Compensation Committee:

  • Ms. Nirali Thingalaya (Non-Executive Independent Director) - Chairperson
  • Mr. Himanshu Agarwal (Non-Executive Independent Director) - Member
  • Mr. Krishan Khadaria (Non-executive Director) - Member

Stakeholders Relationship Committee:

  • Mr. Himanshu Agarwal (Non-Executive Independent Director) - Chairman
  • Ms. Nirali Thingalaya (Non-Executive Independent Director) - Member
  • Mr. Krishan Khadaria (Non-executive Director) - Member

Auditor's Review

The Statutory Auditors conducted a limited review of the quarterly financial results and expressed an unmodified review opinion. The review was performed in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Basis of Preparation

The financial results are prepared in accordance with:

  • IND AS as prescribed under Section 133 of the Companies Act, 2013
  • Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting"
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Notes to Financial Results

1. The figures for the preceding 3 months ended 31.03.2026 are balancing figures between audited full-year figures and year-to-date figures up to the third quarter of that financial year.

2. The company's business activity falls within a single operating segment, hence disclosure requirements of IND AS 108 are not applicable.

3. Previous period figures have been regrouped/rearranged and re-classified wherever necessary.

4. Provision for Deferred Tax, if any, will be made at the end of the year.