Board Meeting Details

The Board of Directors meeting was held on Thursday, August 13, 2026, commencing at 3:00 PM and concluding at 3:30 PM.

Business Approved

1. The Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter ended June 30, 2026, and Limited Review Report thereon.

2. Approved the Director's Report for the financial year ended March 31, 2026.

Trading Window Status

Pursuant to the Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015, the 'Trading Window' for all Directors, Key Managerial Personnel, Promoters, Connected Persons, Designated Persons and their immediate relatives will open after 48 hours of the declaration of Un-audited Financial Results.

Standalone Financial Results (Quarter Ended June 30, 2026)

Income Statement (₹ in lakhs)

  • Total Income: ₹331.92
  • Revenue from Operations: ₹0.00
  • Other income: ₹331.92
  • Total Expenses: ₹84.55
  • Employee benefits expense: ₹21.91
  • Finance costs: ₹0.52
  • Depreciation, amortisation and impairment expense: ₹0.02
  • Other expenses: ₹62.10
  • Profit/(Loss) before tax: ₹247.37
  • Tax Expense: ₹0.00
  • Profit/(Loss) after tax: ₹247.37
  • Other Comprehensive Income: ₹(7.16)
  • Total Comprehensive Income: ₹240.21

Key Metrics

  • Paid-up equity share capital: ₹1,309.55 lakh (Face value ₹10 per share)
  • Basic Earnings per share: ₹1.89
  • Diluted Earnings per share: ₹1.89

Comparative Standalone Performance

| Period | Profit/(Loss) after tax | EPS (Basic) |

| Q1 FY27 (Jun 30, 2026) | ₹247.37 lakh | ₹1.89 |

| Q4 FY26 (Mar 31, 2026) | ₹(256.33) lakh | ₹(1.96) |

| Q1 FY26 (Jun 30, 2025) | ₹34.75 lakh | ₹0.27 |

| FY26 (Mar 31, 2026) | ₹(261.48) lakh | ₹(2.00) |

Consolidated Financial Results (Quarter Ended June 30, 2026)

Income Statement (₹ in lakhs)

  • Total Income: ₹2,047.77
  • Revenue from Operations: ₹1,713.81
  • Other income: ₹333.96
  • Total Expenses: ₹2,064.17
  • Cost of materials consumed: ₹689.52
  • Purchases of stock-in-trade: ₹(70.28)
  • Employee benefits expense: ₹892.94
  • Finance costs: ₹70.33
  • Depreciation, amortisation and impairment expense: ₹25.73
  • Other expenses: ₹455.93
  • Profit/(Loss) before tax: ₹(16.40)
  • Tax Expense: ₹0.00
  • Profit/(Loss) after tax: ₹(16.40)
  • Other Comprehensive Income: ₹(7.16)
  • Total Comprehensive Income: ₹(23.56)

Key Metrics

  • Paid-up equity share capital: ₹1,309.55 lakh (Face value ₹10 per share)
  • Basic Earnings per share: ₹(0.13)
  • Diluted Earnings per share: ₹(0.13)

Segment-wise Performance (Consolidated, Quarter Ended June 30, 2026)

Segment Revenue (₹ in lakhs)

  • Electrical Division: ₹1,094.76
  • Electro Mechanical Division: ₹619.05
  • Ferro Manganese Division: ₹0.00
  • Total Revenue: ₹1,713.81

Segment Results (₹ in lakhs)

  • Ferro Manganese Division Profit: ₹247.89
  • Electrical Division Loss: ₹(131.91)
  • Electro Mechanical Division Loss: ₹(74.85)
  • Profit Before Interest and tax: ₹41.13
  • Interest: ₹57.53
  • Profit/(Loss) before Tax: ₹(16.40)

Segment Assets (₹ in lakhs)

  • Ferro Manganese Division: ₹6,994.74
  • Electrical Division: ₹5,449.02
  • Electro Mechanical Division: ₹430.85
  • Total Segment Assets: ₹12,874.61

Segment Liabilities (₹ in lakhs)

  • Ferro Manganese Division: ₹101.15
  • Electrical Division: ₹3,016.35
  • Electro Mechanical Division: ₹419.44
  • Total Segment Liabilities: ₹3,536.94

Notes to Financial Statements

1. The results were reviewed by the Audit Committee and approved by the Board on August 13, 2026.

2. The company has three reportable segments: High/Medium/Low Carbon Ferro Manganese and Silico Manganese Slag, Electrical Division, and Electro Mechanical Division.

3. Figures for Quarter ended March 31, 2026 are balancing figures between audited annual figures and year-to-date figures up to third quarter.

4. Statements prepared in accordance with Indian Accounting Standards (Ind AS).

5. Previous period figures regrouped and rearranged where necessary.

Subsidiary Information

The consolidated results include The Motwane Manufacturing Company Private Limited (subsidiary) which reported total revenue of ₹1,731.51 lakh and net loss after tax of ₹263.76 lakh for the quarter ended June 30, 2026. The subsidiary's results were reviewed by other auditors.