Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of board meeting under regulation 30 read with 33 (3) (c) of SEBI (Listing Obligations and Disclosure requirements) regulations, 2015
Audit Opinion:
Unmodified opinion (clean) for both standalone and consolidated financial results by statutory auditors M S K C & Associates LLP
Auditor’s Comment:
No material misstatement noted in the limited review. For consolidated results, the review relied on management-prepared unaudited interim financial information of three step-down subsidiaries (Palred Electronics Private Limited Hongkong, Palred Technology Shenzhen Company Limited China, and Palred Online Bilism Teknoljileri Ticaret Anomin Sirketi Turkey), which were not reviewed by their auditors but were deemed not material to the Group.
Key Financial Highlights [Rs. in Lakhs]:
Standalone Results:
- Revenue from Operations: ₹37.50 (consistent with previous quarters)
- Total Income: ₹128.22 (compared to ₹128.12 in Q4 FY26 and ₹138.43 in Q1 FY26)
- Profit before tax: ₹84.24 (compared to ₹96.86 in Q4 FY26 and ₹91.66 in Q1 FY26)
- Net Profit: ₹62.97 (compared to ₹68.84 in Q4 FY26 and ₹66.98 in Q1 FY26)
- EPS (Basic and Diluted): ₹0.56 (face value ₹10 per share)
- Other Equity: Not specified for quarter, but year-ended March 31, 2026, was ₹5,812.52 lakhs
- Cash and Cash Equivalents: Not disclosed
- Debt: Not disclosed
Consolidated Results:
- Revenue from Operations: Not separately disclosed; total income includes revenue and other income
- Total Income: ₹2,306.30 (compared to ₹2,361.52 in Q4 FY26 and ₹2,087.39 in Q1 FY26)
- Loss before tax: ₹(115.60) (compared to ₹(95.15) in Q4 FY26 and ₹(315.83) in Q1 FY26)
- Net Loss: ₹(136.87) (compared to ₹(123.17) in Q4 FY26 and ₹(340.51) in Q1 FY26)
- EPS (Basic and Diluted): ₹(0.78) (face value ₹10 per share)
- Other Equity: ₹(0.78) as of June 30, 2026 (negative equity)
- Cash and Cash Equivalents: Not disclosed
- Debt: Not disclosed
- Loss attributable to owners of the parent: ₹(95.05)
- Loss attributable to non-controlling interests: ₹(41.82)
Segment-wise Performance:
The Group has only one operating segment: manufacture/assembly and trading in electronic products, fashion accessories, and providing related services. Hence, segment-wise disclosure is not applicable.
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities were announced.
Other Significant Information:
- The consolidated results include six subsidiaries: Palred Electronics Private Limited India, Palred Technology Services Private Limited India, Palred Retail Private Limited India, Palred Online Bilism Teknoljileri Ticaret Anomin Sirketi Turkey, Palred Electronics Limited Hong Kong, and Parude Technology Shenzhen Company Ltd China.
- Exceptional items: None for both standalone and consolidated results.
- No change in accounting policy or forward-looking guidance disclosed.