Board Meeting Details

The Board of Directors meeting was held on Wednesday, 05th August, 2026, commencing at 04:00 P.M. and concluding at 05:35 P.M.

Financial Results - Standalone (Quarter Ended June 30, 2026)

  • Revenue from operations: ₹12,210.78 lakh
  • Other Income: ₹283.89 lakh
  • Total Income: ₹12,494.67 lakh
  • Cost of Material Consumed: ₹8,063.94 lakh
  • Purchase of Stock-in-Trade: ₹2,541.22 lakh
  • Changes in inventories of finished goods, stock in trade and work in progress: ₹(932.69) lakh
  • Employee Benefits Expenses: ₹243.00 lakh
  • Finance Costs: ₹385.07 lakh
  • Depreciation and amortization expenses: ₹218.73 lakh
  • Other expenses: ₹936.51 lakh
  • Total expenses: ₹11,540.21 lakh
  • Profit before exceptional items and tax: ₹954.46 lakh
  • Profit Before Tax: ₹954.46 lakh
  • Tax expense: ₹229.97 lakh (Current Tax: ₹251.25 lakh, Deferred Tax: ₹(23.10) lakh)
  • Net Profit for the quarter: ₹724.49 lakh
  • Earnings Per Share (Basic and Diluted): ₹0.46
  • Paid-up equity share capital: ₹1,578.40 lakh (face value of ₹1 per share)

Financial Results - Consolidated (Quarter Ended June 30, 2026)

The consolidated results include subsidiaries Pashupati Cotyarn LLP and Sarjak Infra LLP, with total revenue of ₹1,705.46 lakh and net profit of ₹52.03 lakh for these entities.

Management Changes

  • Resignation: Ms. Tanvi Mafatlal Patel (ACS: 58543) resigned as Company Secretary and Compliance Officer effective close of business hours on August 05, 2026 due to personal reasons.
  • Appointment: Ms. Kratika Soni (ICSI Membership No.: A80404) appointed as Whole Time Company Secretary and Compliance Officer effective August 05, 2026.

Key Managerial Personnel Update

With effect from August 05, 2026, the Key Managerial Personnel for determining materiality under Regulation 30(5) are:

  • Mr. Saurin Jagadishbhai Parikh, Chairman & Managing Director
  • Mr. Haresh Rameshchandra Shah, Chief Financial Officer
  • Ms. Kratika Soni, Company Secretary and Compliance Officer

Important Notes

  • The company completed equity share sub-division from face value of ₹10 to ₹1 per share during the quarter, with Record Date of April 17, 2026
  • Cotton ginning business is seasonal (October to April), making Q1 results not comparable to other quarters
  • Financial results reviewed by Mahendra N. Shah & Co., Chartered Accountants
  • Previous period figures have been restated for comparability