Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended 30th June, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Approval of Un-audited Financial Results

Audit Opinion:

The Limited Review Report issued by M S K A & Associates LLP, Statutory Auditors of the Company, expressed an unmodified conclusion. Nothing came to their attention to believe that the accompanying Statement contains any material misstatement.

Key Financial Highlights [Rupees in millions]

Standalone Results:

Revenue from Operations: Not explicitly disclosed in the provided data

Total Income: ₹366.906 million for Q1 FY27

Net Profit: ₹254.444 million for Q1 FY27 (declined from ₹422.335 million in Q1 FY26)

EPS: Basic and Diluted EPS of ₹1.38 for Q1 FY27 (down from ₹2.30 in Q1 FY26)

Consolidated Results:

Revenue from Operations: ₹7,158.211 million for Q1 FY27 (up from ₹6,402.019 million in Q1 FY26)

Total Income: ₹7,358.036 million for Q1 FY27

Net Profit: ₹116.055 million for Q1 FY27

Net Profit Attributable to Owners of the Company: ₹116.066 million for Q1 FY27 (down from ₹53.388 million in Q1 FY26)

EPS: Basic and Diluted EPS of ₹0.63 for Q1 FY27 (down from ₹0.29 in Q1 FY26)

Segment-wise Performance:

The Company operates only in one segment: "Process and Project Engineering". Hence, there are no separate reportable segments as defined by Ind AS 108.

Revenue by Geographical Market (Consolidated):

  • Within India: ₹5,386.090 million for Q1 FY27
  • Outside India: ₹1,772.121 million for Q1 FY27

Corporate Actions:

Not Specified

Other Significant Information:

1. Other Income includes ₹88.974 million representing an insurance claim in respect of losses arising from a fire incident at the Company's Urwade premises in March 2025. Out of the total claim amount, ₹65.000 million had been received as an advance in earlier years and the balance amount of ₹23.974 million has been recognized under Other Receivables as at 30 June 2026.

2. Effective 21 November 2025, the Government of India consolidated 29 existing labour regulations into four Labour codes (New Labour Codes). This resulted in a one-time material impact on provisions for employee benefits:

  • In the standalone results for the year ended 31 March 2026, the Company accounted for an estimated incremental impact of ₹238.308 million as Exceptional Items.
  • During Q4 FY26, a reassessment resulted in a reversal of provision amounting to ₹99.782 million and recognition of incremental liability of ₹29.000 million on account of contract labour.
  • In the consolidated results for the year ended 31 March 2026, the Group accounted for an estimated incremental impact of ₹263.821 million as Exceptional Items. During Q4 FY26, a reassessment resulted in a reversal of provision amounting to ₹109.624 million and recognition of incremental liability of ₹29.000 million.

The Group continues to monitor the finalisation of Central/State Rules and clarifications from the Government on other aspects of the Labour Code.