The Board of Directors of NCC Bluewater Products Limited held a meeting on August 10, 2026, from 3:30 PM to 4:30 PM, chaired by U. Jayachandra (Director & CEO, DIN: 02428646). The meeting approved two key items:
1. Unaudited Financial Results for Quarter Ended June 30, 2026
The company reported unaudited financial results for Q1 FY27 (quarter ended June 30, 2026), prepared in compliance with Regulation 33 & 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Indian Accounting Standards (IND AS).
Financial Performance (Rs. in Lakhs):
- Total Income: ₹17.00 lakh (consisting entirely of Other Income)
- Comparison: ₹17.60 lakh in Q4 FY26 (March 31, 2026), ₹14.88 lakh in Q1 FY26 (June 30, 2025), ₹66.19 lakh in FY26 (year ended March 31, 2026)
- Total Expenses: ₹5.71 lakh
- Breakdown: Other expenses ₹5.71 lakh
- Comparison: ₹1.38 lakh in Q4 FY26, ₹6.69 lakh in Q1 FY26, ₹27.74 lakh in FY26
- Profit before tax: ₹11.29 lakh
- Comparison: ₹16.22 lakh in Q4 FY26, ₹8.19 lakh in Q1 FY26, ₹338.12 lakh in FY26
- Tax Expense: ₹2.84 lakh (Current Tax)
- Net Profit after tax: ₹8.45 lakh
- Comparison: ₹11.75 lakh in Q4 FY26, ₹6.13 lakh in Q1 FY26
- Paid-up Equity Share Capital: ₹775.00 lakh (Face value ₹10 per share)
- Reserves (excluding revaluation): ₹0.11 lakh
Notes to Financial Results:
- The results were reviewed by the Audit Committee and approved by the Board
- Prepared in compliance with Indian Accounting Standards (IND AS) and SEBI circular CIR/CFD/FAC/62/2016 dated July 5, 2016
- Statutory auditors conducted limited review as required under SEBI Listing Regulations
- Q4 FY26 figures are balancing figures between audited full-year FY26 and published YTD figures up to December 31, 2025
2. 33rd Annual General Meeting
The Board approved convening the 33rd Annual General Meeting (AGM) of members on Wednesday, September 30, 2026. The Notice of AGM along with the Annual Report for FY 2025-26 will be sent to all shareholders in due course.
Auditor's Limited Review Report
K.P. Rao & Co., Chartered Accountants (Firm Reg. No: 003135S) conducted a limited review of the financial results as required by Regulation 33 of SEBI Listing Regulations. Partner Mohan R Lavi (Membership No: 029340) issued the review report dated August 10, 2026, stating that nothing came to their attention suggesting material misstatement or non-compliance with disclosure requirements. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.