Summary of Key Information:

Reporting Period: Quarter and Financial Year ended 31st March, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations

Audit Opinion:

Unmodified Opinion (Clean)

Key Financial Highlights [₹ in lakh]:

Standalone Results:

Quarter Ended 31.03.2026:

  • Revenue from Operations: ₹8,592.93 (Net Sales: ₹8,579.87 + Other Operating Income: ₹13.06)
  • Total Income: ₹9,162.31
  • Net Profit: ₹416.34
  • EPS: ₹1.35 (Basic & Diluted)

Year Ended 31.03.2026:

  • Revenue from Operations: ₹33,594.97 (Net Sales: ₹33,531.23 + Other Operating Income: ₹63.74)
  • Total Income: ₹34,277.38
  • Profit/(Loss) before Exceptional Items and Tax: (₹362.78)
  • Exceptional Items Gain (Net): ₹441.80
  • Net Profit/(Loss): ₹65.54
  • EPS: ₹0.21 (Basic & Diluted)

Comparisons Year Ended 31.03.2026 vs 31.03.2025:

  • Revenue from Operations decreased from ₹37,506.36 to ₹33,594.97 (10.4% decline)
  • Net Profit decreased from ₹456.39 to ₹65.54 (85.6% decline)

Consolidated Results:

Quarter Ended 31.03.2026:

  • Revenue from Operations: ₹8,603.01 (Net Sales: ₹8,589.95 + Other Operating Income: ₹13.06)
  • Total Income: ₹9,172.64
  • Net Profit: ₹416.27
  • EPS: ₹1.35 (Basic & Diluted)

Year Ended 31.03.2026:

  • Revenue from Operations: ₹33,605.05 (Net Sales: ₹33,541.31 + Other Operating Income: ₹63.74)
  • Total Income: ₹34,288.23
  • Profit/(Loss) before Share of Profit of Associate, Exceptional Items and Tax: (₹365.53)
  • Exceptional Items Gain (Net): ₹441.80
  • Net Profit/(Loss): ₹60.22
  • EPS: ₹0.20 (Basic & Diluted)
  • Net Profit attributable to Owners: ₹61.26

Other Equity (Standalone):

  • As at 31.03.2026: ₹13,062.93
  • As at 31.03.2025: ₹12,930.38

Cash and Cash Equivalents (Standalone):

  • As at 31.03.2026: ₹111.37
  • As at 31.03.2025: ₹183.40

Debt (Standalone):

  • Non-Current Borrowings: ₹2,548.49 (31.03.2026)
  • Current Borrowings: ₹5,728.64 (31.03.2026)
  • Total Borrowings: ₹8,277.13 (31.03.2026)

Segment-wise Performance:

The business activity falls within a single primary business segment viz 'Textiles' and hence there is no other reportable segment as per Ind AS-108 'Operating Segments'.

Corporate Actions:

  • No dividend declared
  • No share split, bonus issue, or buyback announced
  • The Register of Members and Share Transfer Books will remain closed from Friday, 14th August, 2026 to Thursday, 20th August, 2026 (both days inclusive) for the 34th Annual General Meeting

Other Significant Information:

Exceptional Items:

  • Profit of ₹649.41 lakh represents profit from sale of land and building assets at Naroli
  • Expense of ₹207.61 lakh represents recognition of full and final liability towards lender pertaining to earlier year

Government Grants and Subsidies:

  • Received approval for Capital Subsidy under State Textile Policy 2018-23 of Government of Maharashtra
  • Subsidy receivable of ₹1,779.16 lakhs deducted from Gross Cost of machinery
  • Subsidy amortization accounted as deduction from depreciation cost

Labour Code Implementation:

  • Government of India notified four Labour Codes effective 21st November, 2025
  • Impact given effect in financial results based on internal management assessment and ICAI guidance

Other Income:

  • Includes ₹454.43 lakhs on account of electricity duty rebate on expansion for earlier years, allowed by HPERC

Entities included in consolidation:

  • Hakoba Lifestyle Limited
  • Pioneer Realty Limited
  • Crystal Lace (India) Limited
  • Shree Ganesh Integrated Textile Park Private Limited (associate company)