Company Disclosures: Quarterly Results and Board Meeting Outcomes

Key Quantitative Figures and Financial Results

The Board approved the unaudited standalone financial results for the quarter ended June 30, 2026 (Q1 FY27).

Financial Performance (Amounts in ₹ Lakhs):

  • Total Income: ₹339.49
  • Revenue from operations: ₹338.44
  • Other Income: ₹1.05
  • Total Expenses: ₹438.80
  • Cost of materials consumed: ₹2.09
  • Purchases of stock-in-trade: ₹218.03
  • Changes in inventories: ₹77.62
  • Employee benefits expense: ₹30.10
  • Finance Costs: ₹25.00
  • Depreciation and Amortisation: ₹4.70
  • Other Expenses: ₹81.26
  • Loss before tax: ₹(99.31)
  • Tax Expense: ₹0.00
  • Net Loss after tax: ₹(99.31)
  • Other Comprehensive Income (net of tax): ₹0.73
  • Total Comprehensive Loss: ₹(98.58)
  • Paid-up Equity Share Capital (face value ₹10 each): ₹880.73
  • Basic & Diluted Earnings Per Share (EPS): ₹(1.13)

Comparative Figures (Q1 FY26):

  • Net Loss after tax: ₹(286.57)
  • EPS: ₹(3.25)

Dates of Action and Events

  • Board Meeting: Held on August 13, 2026, from 12:00 P.M. to 3:45 P.M.
  • Annual General Meeting (AGM): Finalized for September 25, 2026, at 11:00 A.M.
  • GST Registration Suspension: From March 27, 2026, to May 29, 2026.
  • Court Fee Deposit: April 2026.
  • Last Supreme Court Hearing: January 23, 2026.

Parties and Entities Involved

  • Company Management: Mr. Gopal Sitaram Jiwarajka, Chairman & Managing Director.
  • Statutory Auditors: OP Bagla & Co LLP, who issued a limited review report with an un-modified opinion.
  • Related Party: PJTJ Technologies P. Ltd (Khasra no 26/7/7, Ground Floor, Service Road, Shiv Murti, Bankoli, North West Delhi, Delhi, 110036).
  • Regulators/Courts: Honourable Supreme Court of India.

Operational and Strategic Highlights

  • Segment Reporting: The company has one reportable segment: Consumer Electronic Division.
  • GST Impact: The suspension of the company's GST registration in Delhi adversely impacted operations and turnover for the quarter.
  • Business Strategy: The company states it has enhanced its product portfolio and is pursuing a new business strategy of deeper penetration and greater operational efficiency to realize its deferred tax assets.

Regulatory and Legal References

  • The filing is made under Regulation 30 and Regulation 33 of the SEBI (LODR) Regulations, 2015.
  • The financial results are prepared in accordance with Ind AS 34 (Interim Financial Reporting) and reviewed as per Standard on Review Engagements (SRE) 2410.
  • A Special Leave Petition (SLP) in the Honourable Supreme Court has been admitted on merits, and a stay on the matter continues. The contingent liability remains.
  • Court fees amounting to ₹24.06 lakhs related to this matter were deposited in April 2026 and have been recognized as an expense in the current quarter.

Capital Structure and Related Party Transactions

  • There was no change in the paid-up share capital during the quarter.
  • Related Party Transaction for the period April 1, 2026, to June 30, 2026:
  • PJTJ Technologies P. Ltd: Purchase of Finished Goods amounting to ₹14,92,472.
  • This transaction was certified to be in the ordinary course of business and at arm's length price.

Financial Impact and Contingencies

  • Deferred Tax Assets: ₹2038.78 lakhs (including ₹984.26 lakhs on account of unabsorbed business losses) as of March 31, 2026, are expected to be realized.
  • Contingent Liability: Exists in relation to the ongoing Supreme Court matter. The amount is not quantified in the disclosure.