Key Quantitative Figures

Financial Results for Quarter Ended 30th June 2026:

  • Total Income: ₹8,205.61 lakh
  • Total Expenses: ₹7,162.88 lakh
  • Profit Before Tax: ₹1,042.73 lakh
  • Tax Expense: ₹225.94 lakh (Current tax: ₹220.16 lakh, Deferred tax: ₹3.56 lakh, Earlier years tax: ₹2.22 lakh)
  • Profit After Tax: ₹816.79 lakh
  • Total Comprehensive Income: ₹818.30 lakh
  • Earnings Per Share (Basic & Diluted): ₹15.21
  • Paid-up Equity Share Capital: ₹537.12 lakh (face value ₹10 per share)

Comparative Figures:

  • Q1 FY2026: Profit After Tax ₹64.88 lakh, EPS ₹1.21
  • Q4 FY2026: Loss After Tax ₹(141.06) lakh, EPS ₹(2.63)

Dates of Action

  • Board Meeting: 8th August 2026 (commenced 12:45 p.m., concluded 3:10 p.m.)
  • CFO Appointment Effective: 10th August 2026
  • 49th Annual General Meeting: 26th September 2026

Parties Involved

  • New Appointee: Mr. Pratham Pandya as Chief Financial Officer
  • Statutory Auditors: KC Mehta & Co LLP (Firm Registration No. 106237W/W100829)
  • Company Secretary & Compliance Officer: Kamlesh M Shinde

Appointment Details

Mr. Pratham Pandya appointed as Chief Financial Officer effective 10th August 2026. He is a Commerce Graduate and qualified Chartered Accountant who completed his articleship at Ahmedabad. His core competencies include Financial Reporting, Direct and Indirect Taxation, Internal Controls, Financial Analysis, and Statutory Audit.

Financial Impact Disclosure

The company reported taxable profits during the current quarter and utilized eligible brought forward business losses and unabsorbed depreciation available under the Income-tax Act, 1961. Current tax has been provided only on the balance taxable income remaining after such set-off.

Business Segment Information

The company has only one reportable primary business segment as per Ind AS 108: Tungsten Carbides Products.

Auditor Review

The financial results have been reviewed by the statutory auditors, KC Mehta & Co LLP, who conducted their review in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. The auditors concluded that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.

Notes to Financial Results

  • The figures for the quarter ended March 31, 2026, are the balancing figure between audited full-year figures and unaudited published year-to-date figures up to the third quarter
  • The financial results have been prepared in accordance with Ind AS-34 "Interim Financial Reporting"
  • Results reviewed by Audit Committee and approved by Board of Directors on August 08, 2026