Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Regulatory filing pursuant to SEBI Listing Regulations for quarterly financial results and corporate announcements

Audit Opinion:

Clean opinion - The statutory auditors, S G N & Co. (Firm Registration No. 134565W), issued an unmodified review report stating: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Key Financial Highlights [Rs. in Lakhs]:

Standalone Results:

For Quarter Ended September 30, 2026:

  • Revenue from Operations: 994.68 (vs 368.75 in Q1 FY27, vs 42.90 in Q2 FY26)
  • Total Income: 2,756.61
  • Net Profit: 885.28 (vs 840.00 in Q2 FY25, vs 660.72 in Q1 FY27)
  • EPS (Continuing & Discontinued): Rs 0.56

For Half Year Ended September 30, 2026:

  • Revenue from Operations: 1,363.44
  • Total Income: 5,752.42
  • Net Profit: 1,725.29
  • EPS (Continuing & Discontinued): Rs 1.10

Financial Position as at September 30, 2026:

  • Paid-up Equity Share Capital: 3,140.95
  • Other Equity: 104,104.89
  • Cash and Cash Equivalents: 427.73
  • Total Debt (Borrowings): 224.59 (127.61 non-current + 96.98 current)

Consolidated Results:

For Quarter Ended September 30, 2026:

  • Revenue from Operations: 1,833.58
  • Total Income: 4,218.95
  • Net Profit: 1,309.56
  • EPS (Continuing & Discontinued): Rs 0.83

For Half Year Ended September 30, 2026:

  • Revenue from Operations: 2,552.85
  • Total Income: 8,678.89
  • Net Profit: 2,859.06
  • EPS (Continuing & Discontinued): Rs 1.82

Segment-wise Performance:

The company operates primarily in Trading segment for continuing operations:

  • Q2 FY27 Trading Revenue: 994.69
  • Q2 FY27 Trading Segment Profit: 32.57

Discontinued operations include Packaging and Petrochemical divisions with the following historical revenues for reference:

  • Packaging Division (discontinued): 3,072.48 (Q2 FY25)
  • Petrochemical Division (discontinued): 1,099.90 (Q2 FY25)

Corporate Actions:

  • Dividend: Shareholders approved payment of dividend of Rs 0.20 per equity share (face value Rs 2/- each) for FY26 at AGM held on September 29, 2026
  • Registered Office Change: Board approved change of registered office from 1076, Dr. E Moses Road, Worli, Mumbai - 400018 to 3rd Floor Prospect Chambers, D.N. Road, Fort, Mumbai - 400001
  • Subsidiary Sale: Sold entire equity shareholding in Oriental Containers Limited (non-material subsidiary) on July 08, 2026

Other Significant Information:

  • Property Sale: Subsequent to quarter end, entered into Deed of Assignment-cum-Conveyance with Anand Rathi Towers Limited for assignment of leasehold rights and building sale for Rs 14,500 lakhs (completed October 30, 2026)
  • Asset Classification: As at September 30, 2026, classified the said property as asset held for sale (Rs 14,525.00 lakhs)
  • Revaluation Adjustment: Recognized revaluation decrease of Rs 416.84 lakh in Other Comprehensive Income against existing revaluation surplus for the property
  • Provision: Other expenses include Rs 750.00 lakhs towards provision for doubtful old receivables
  • Entities in Consolidation: Includes subsidiaries United Shippers Limited, USL General Trading-FZE, Reay Road Iron & Metal Warehousing Private Limited, and joint venture Claridge Energy LLP