Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30 and 33
Audit Opinion:
Clean opinion - Limited Review Report states nothing has come to their attention that causes them to believe the statement contains any material misstatement.
Key Financial Highlights [Rs. in lakhs]:
Standalone Results:
Quarter ended June 30, 2026 (Q1 FY27):
- Revenue from Operations: ₹62,238.91 lakhs
- Comparison: Down 40.6% YoY (vs. ₹1,04,767.74 lakhs in Q1 FY26)
- Comparison: Up 15.3% QoQ (vs. ₹53,997.95 lakhs in Q4 FY26)
- Total Income: ₹62,481.67 lakhs
- Net Profit: ₹1,479.61 lakhs
- Comparison: Up 32.1% YoY (vs. ₹1,119.90 lakhs in Q1 FY26)
- Comparison: Up 55.7% QoQ (vs. ₹950.55 lakhs in Q4 FY26)
- EPS (Basic & Diluted): ₹0.10 (Face Value ₹1 per share)
- Other Income: ₹242.76 lakhs
Expense Breakdown:
- Cost of materials consumed: ₹51,944.37 lakhs
- Employee benefit expenses: ₹2,319.42 lakhs
- Finance Costs: ₹486.09 lakhs
- Depreciation and amortization expense: ₹1,162.83 lakhs
- Other expenses: ₹5,567.13 lakhs
Taxation:
- Deferred Tax: ₹58.98 lakhs
- MAT Credit Entitlement: (₹507.08) lakhs
Other Financial Metrics:
- Profit before tax: ₹1,031.51 lakhs
- Total Comprehensive Income: ₹1,461.25 lakhs
- Paid-up Equity Share Capital: ₹14,414.73 lakhs
Segment-wise Performance:
The company has only one reportable segment - Textiles (as per Note 3)
Corporate Actions:
- Re-appointment of Mr. Jyotiprasad Devkinandan Chiripal (DIN: 00155695) as Managing Director for a further period of 5 years with effect from June 1, 2027 to May 31, 2032, subject to shareholder approval.
Other Significant Information:
- The company acquired 40,02,096 equity shares (6.1% stake) in Opera Vayu (Narmada) Private Limited for ₹4,00,20,960 on July 13, 2026
- This investment is part of a Share Transfer cum Shareholders' Agreement for purchase of wind & solar power under group captive renewal power route
- Mr. Jyotiprasad Chiripal is father of Mr. Deepak Chiripal (CEO of the Company)
- Mr. Jyotiprasad Chiripal holds directorships in multiple companies including Chiripal Industries Limited, True Green Bio Energy Limited, and Chiripal Poly Films Limited