Key Financial Results - Consolidated

Income Statement (₹ in Lakh)

  • Revenue from Operations: ₹864 lakh for Q1 FY27 (vs ₹1,246 lakh in Q1 FY26)
  • Other Income: ₹628 lakh for Q1 FY27 (vs ₹582 lakh in Q1 FY26)
  • Total Income: ₹1,492 lakh for Q1 FY27 (vs ₹1,828 lakh in Q1 FY26, representing an 18.4% decline)
  • Total Expenses: ₹1,220 lakh for Q1 FY27 (vs ₹1,481 lakh in Q1 FY26)
  • Profit Before Tax: ₹272 lakh for Q1 FY27 (vs ₹347 lakh in Q1 FY26)
  • Tax Expense: ₹15 lakh net (Current Tax: ₹38 lakh, Deferred Tax: ₹(23) lakh credit)
  • Profit After Tax: ₹257 lakh for Q1 FY27 (vs ₹256 lakh in Q1 FY26)
  • Share of Profit from Associate (Reliance Europe Limited): ₹27 lakh for Q1 FY27 (vs ₹54 lakh in Q1 FY26)
  • Profit After Tax and Share of Profit of Associate: ₹284 lakh for Q1 FY27 (vs ₹310 lakh in Q1 FY26, representing an 8.4% decline)
  • Total Comprehensive Income: ₹89 lakh for Q1 FY27 (vs ₹2,095 lakh in Q1 FY26)

Key Metrics - Consolidated

  • EPS (Basic and Diluted): ₹1.88 for Q1 FY27 (vs ₹2.05 in Q1 FY26)
  • Paid-up Equity Share Capital: ₹1,510 lakh (15.10 million shares of face value ₹10 each)
  • Other Equity (reserves): ₹45,881 lakh as of March 31, 2026

Key Financial Results - Standalone

Income Statement (₹ in Lakh)

  • Total Income: ₹1,492 lakh for Q1 FY27 (identical to consolidated figures)
  • Profit Before Tax: ₹272 lakh for Q1 FY27 (vs ₹347 lakh in Q1 FY26)
  • Profit After Tax: ₹257 lakh for Q1 FY27 (vs ₹256 lakh in Q1 FY26, representing a 0.4% increase)
  • Total Comprehensive Income: ₹62 lakh for Q1 FY27 (vs ₹2,041 lakh in Q1 FY26)

Key Metrics - Standalone

  • EPS (Basic and Diluted): ₹1.70 for Q1 FY27 (vs ₹1.70 in Q1 FY26)

Comparative Performance Highlights

Consolidated Q1 FY27 vs Q1 FY26

  • Total Income: -18.4%
  • Net Profit: -8.4%
  • EPS: -8.3% (₹1.88 vs ₹2.05)

Consolidated Q1 FY27 vs Q4 FY26

  • Total Income: +8.7%
  • Net Profit: -11.8%
  • EPS: -11.7% (₹1.88 vs ₹2.13)

Standalone Q1 FY27 vs Q1 FY26

  • Total Income: -18.4%
  • Net Profit: +0.4%
  • EPS: 0.0% (₹1.70 vs ₹1.70)

Operational and Business Context

  • The decline in total income is attributed to the completion of certain fixed-term contracts
  • The company continues to provide infrastructure support services including transportation of petroleum products and raw water through pipelines
  • Primary services are provided mainly to Reliance Industries Limited
  • The company stated it presently does not have any expansion plans

Governance and Approval Process

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors on July 15, 2026
  • Board meeting duration: 12:50 PM to 4:10 PM IST
  • Statutory auditors Chaturvedi & Shah LLP conducted a limited review and issued an unmodified review report
  • The associate company's results (Reliance Europe Limited) were unaudited and not reviewed by their auditor, but considered not material to the parent