Parle Industries Limited disclosed its unaudited financial results for the quarter ended 30th June, 2026, following a Board of Directors meeting held on 12th August, 2026 from 7:30 PM to 8:50 PM. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Standalone Financial Performance (Rs. in lakhs)
- Revenue from Operations: ₹605.00 (Q1 FY2027) vs ₹15.00 (Q4 FY2026) and ₹20.00 (Q1 FY2026)
- Other Income: ₹0.11 (Q1 FY2027) vs ₹28.84 (Q4 FY2026) and ₹0.34 (Q1 FY2026)
- Total Revenue: ₹605.11 (Q1 FY2027) vs ₹43.84 (Q4 FY2026) and ₹20.34 (Q1 FY2026)
- Employee Benefit Expenses: ₹5.93 (Q1 FY2027) vs ₹5.58 (Q4 FY2026) and ₹5.01 (Q1 FY2026)
- Finance Costs: ₹7.92 (Q1 FY2027) vs ₹7.00 (Q4 FY2026) and ₹3.03 (Q1 FY2026)
- Depreciation and Amortization: ₹2.79 (Q1 FY2027) vs ₹2.84 (Q4 FY2026) and ₹2.79 (Q1 FY2026)
- Other Expenses: ₹8.02 (Q1 FY2027) vs ₹9.72 (Q4 FY2026) and ₹5.97 (Q1 FY2026)
- Profit before Exceptional Items and Tax: ₹20.45 (Q1 FY2027) vs ₹18.70 (Q4 FY2026) and ₹3.54 (Q1 FY2026)
- Exceptional Items: ₹650.00 (Q1 FY2027) - inventory write-down
- Profit before Tax: (₹629.55) loss (Q1 FY2027) vs ₹18.70 profit (Q4 FY2026) and ₹3.54 profit (Q1 FY2026)
- Tax Expenses: Nil current tax, deferred tax not applicable due to loss
- Net Loss for Period: (₹629.55) (Q1 FY2027) vs ₹36.59 profit (Q4 FY2026) and ₹8.79 profit (Q1 FY2026)
- Earnings Per Share (Basic & Diluted): (₹2.40) loss per share (Q1 FY2027) vs ₹0.14 profit (Q4 FY2026) and ₹0.02 profit (Q1 FY2026)
- Paid-up Equity Share Capital: ₹2,619.00 lakhs (face value ₹10 each)
Consolidated Financial Performance (Rs. in lakhs)
- Revenue from Operations: ₹607.68 (Q1 FY2027) vs ₹14.82 (Q4 FY2026) and ₹24.30 (Q1 FY2026)
- Other Income: ₹0.29 (Q1 FY2027) vs ₹17.15 (Q4 FY2026) and ₹0.34 (Q1 FY2026)
- Total Revenue: ₹607.97 (Q1 FY2027) vs ₹31.97 (Q4 FY2026) and ₹24.64 (Q1 FY2026)
- Net Loss for Period: (₹628.44) (Q1 FY2027) vs ₹4.96 profit (Q4 FY2026) and ₹5.18 profit (Q1 FY2026)
- Earnings Per Share: (₹2.40) loss per share (Q1 FY2027) vs ₹0.02 profit (Q4 FY2026) and ₹0.02 profit (Q1 FY2026)
Segment Information
The company has two reportable segments: Infrastructure & Real Estate and Paper Waste Recycling, prepared in accordance with Ind-AS 108.
Segment Revenue (Q1 FY2027):
- Infrastructure & Real Estate: ₹605.00 lakhs (standalone), ₹607.68 lakhs (consolidated)
- Paper Waste Recycling: Nil
- Unallocable: ₹0.11 lakhs (standalone), ₹0.29 lakhs (consolidated)
Capital Employed (Q1 FY2027):
- Infrastructure & Real Estate: ₹1,317.20 lakhs
- Paper Waste Recycling: ₹424.54 lakhs
- Unallocable: ₹9,262.90 lakhs
- Total Capital Employed: ₹11,004.64 lakhs
Key Developments
1. Share Swap Transaction and Arbitration: The company entered into Share Purchase Agreements with shareholders of Welldone Integrated Services Private Limited (WISPL) and Marvelous Vickyfoods Private Limited (MVPL) for a share swap transaction in earlier years. The SPAs were subsequently terminated/cancelled based on legal opinion, resulting in forfeiture of share capital amounting to ₹22.65 crores and securities premium of ₹58.89 crores (aggregating ₹81.54 crores), which has been accounted for under "Forfeited Shares Reserve."
2. Investment Reclassification: Due to non-transfer of underlying shares and based on legal opinion, the ₹81.54 crores investment has been derecognized from "Investments in Subsidiaries" and reclassified under "Other Current Assets" pending final adjudication by the Arbitration Tribunal. Interim status quo directions remain in force as of 30 June 2026.
3. Inventory Write-down: The company wrote down inventory pertaining to its Infrastructure Division aggregating ₹6.50 crores to nil, recognizing it as an exceptional item. Management determined the net realizable value is nil considering intended utilization in Government/public space property.
4. Non-consolidation of Entities: WISPL and MVPL have not been consolidated as their financial statements were not made available to the holding company, pending final outcome of ongoing litigation and determination of enforceable control.
5. Subsidiary Information: Golden Valley Treasure Park Private Limited (formerly Windfield Spaces Private Limited), a subsidiary, reported total revenues of ₹2.86 lakhs and total comprehensive income of ₹1.10 lakhs for the quarter ended June 30, 2026, reviewed by another auditor.
Auditor's Emphasis of Matter
Auditors A R C K & Co. drew attention to:
- The uncertainty regarding the ultimate outcome of arbitration proceedings and consequent financial impact
- The write-down of inventory amounting to ₹6.50 crores based on management's assessment of net realizable value
- The non-consolidation of WISPL and MVPL due to unavailability of financial statements
The auditors' conclusion was not modified in respect of these matters.