Board Meeting Details

The Board of Directors meeting was held on Wednesday, October 28, 2026, commencing at 11:30 AM and concluding at 06:30 PM.

Key Decisions Approved

1. Financial Results Approval

The Board considered and approved:

  • Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2026
  • Limited Review Reports on both standalone and consolidated financial results

2. Internal Auditor Re-appointment

The Board re-appointed M/s. Agrawal Jain & Co., Chartered Accountants, Raipur, as Internal Auditors for Financial Year 2026-27.

Financial Results Summary

Consolidated Financial Results for Quarter Ended September 30, 2026 (Amounts in ₹ lakhs)

  • Revenue From Operations: ₹34,721.19
  • Other Income: ₹382.57
  • Total Income: ₹35,103.76
  • Total Expenses: ₹35,819.79
  • Profit Before Tax: (₹716.03) [Loss]
  • Tax Expense: Not quantified in disclosure
  • Profit for the Period: Not quantified in disclosure
  • Earnings Per Share (Basic): (₹7.00) [Loss per share]
  • Earnings Per Share (Diluted): (₹7.00) [Loss per share]

Segment Information

The Group operates in two reportable segments:

1. Road Transportation Service: Truck load delivery services through owned and hired vehicles

2. Trading Business: Purchase and sale of various items including coal, sand, iron & steel

Standalone Financial Results for Quarter Ended September 30, 2026 (Amounts in ₹ lakhs)

  • Total Income: ₹31,268.31
  • Earnings Per Share (Basic): (₹4.05) [Loss per share]
  • Earnings Per Share (Diluted): (₹4.05) [Loss per share]

Auditor Review

Both standalone and consolidated financial results were subject to limited review by statutory auditors M/s. Agrawal Mahendra & Co., Chartered Accountants (FRN: 0322273C). The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Auditor Findings

The limited review reports contained no qualifications. The auditors concluded that nothing came to their attention causing them to believe that the financial statements were not prepared in accordance with Ind AS 34 and SEBI regulations, or that they contained any material misstatement.

Internal Auditor Re-appointment Details

  • Firm: M/s. Agrawal Jain & Co., Chartered Accountants
  • Address: B-35 Beside Dr. Farista Hospital, Civil Line, Raipur - 492001
  • Contact: Phone: 07714032170, 4032180; Email: rajeshjagrawal@hotmail.com
  • Experience: 21 years
  • Nature: Re-appointment for FY 2026-27
  • Term: Approved by Board on October 28, 2026
  • Relationship Disclosure: Not Applicable (no relationships with directors)

Financial Impact

Financial impact of the loss is disclosed but specific quantification of tax expense and net profit/loss amounts are not fully detailed in the available data.