Financial Results Summary
Standalone Performance (Quarter Ended June 30, 2026)
- Total Income: ₹505.25 crore (Q1 FY27) vs ₹399.69 crore (Q1 FY26) - 26% increase
- Revenue from Operations: ₹492.00 crore (Q1 FY27) vs ₹385.33 crore (Q1 FY26) - 28% increase
- Other Income: ₹13.25 crore (Q1 FY27) vs ₹14.36 crore (Q1 FY26)
- Net Profit Before Tax: ₹45.10 crore (Q1 FY27) vs ₹23.06 crore (Q1 FY26) - 96% increase
- Net Profit After Tax: ₹33.59 crore (Q1 FY27) vs ₹17.06 crore (Q1 FY26) - 97% increase
- Total Comprehensive Income: ₹43.49 crore (Q1 FY27) vs ₹64.55 crore (Q1 FY26)
- Earnings Per Share (Basic): ₹5.58 (Q1 FY27) vs ₹2.83 (Q1 FY26)
- Earnings Per Share (Diluted): ₹5.58 (Q1 FY27) vs ₹2.83 (Q1 FY26)
Consolidated Performance (Quarter Ended June 30, 2026)
- Total Income: ₹503.97 crore (Q1 FY27) vs ₹398.96 crore (Q1 FY26) - 26% increase
- Revenue from Operations: ₹492.08 crore (Q1 FY27) vs ₹385.40 crore (Q1 FY26) - 28% increase
- Other Income: ₹11.89 crore (Q1 FY27) vs ₹13.56 crore (Q1 FY26)
- Net Profit Before Tax: ₹43.44 crore (Q1 FY27) vs ₹21.44 crore (Q1 FY26) - 103% increase
- Net Profit After Tax: ₹31.91 crore (Q1 FY27) vs ₹15.43 crore (Q1 FY26) - 107% increase
- Total Comprehensive Income: ₹42.26 crore (Q1 FY27) vs ₹67.00 crore (Q1 FY26)
- Earnings Per Share (Basic): ₹5.30 (Q1 FY27) vs ₹2.56 (Q1 FY26)
- Earnings Per Share (Diluted): ₹5.30 (Q1 FY27) vs ₹2.56 (Q1 FY26)
Expense Breakdown (Standalone Q1 FY27)
- Cost of Materials Consumed: ₹315.72 crore
- Purchase of Stock-in-Trade: ₹7.01 crore
- Changes in Inventories: -₹5.78 crore
- Employee Benefits Expense: ₹29.78 crore
- Finance Costs: ₹0.41 crore
- Depreciation and Amortization: ₹11.60 crore
- Cost of Power and Fuel: ₹50.91 crore
- Other Expenses: ₹50.50 crore
- Total Expenses: ₹460.15 crore
Key Financial Metrics
- Paid-up Equity Share Capital: ₹12.04 crore (face value ₹2 each)
- Standalone Reserves (as of March 31, 2026): ₹1938.45 crore
- Consolidated Reserves (as of March 31, 2026): ₹2029.93 crore
Subsidiary and Associate Information
- Esvi International (Engineers & Exporters) Limited: Wholly owned subsidiary with total revenues of ₹0.10 crore, net profit after tax of ₹0.05 crore, and total comprehensive income of ₹0.05 crore for Q1 FY27
- Ponni Sugars (Erode) Limited: Associate company with share of net loss after tax of ₹0.34 crore and total comprehensive loss of ₹0.11 crore for Q1 FY27
Board Meeting Details
- Meeting Date: July 25, 2026
- Meeting Time: 11:00 AM to 01:45 PM
- Approval: Financial results approved by Board of Directors and reviewed by Audit Committee
Director Appointment
- Appointee: Sri R.J Ramesh (DIN: 11821767)
- Position: Additional Director as Nominee Director of Tamilnadu Industrial Investment Corporation Limited (TIIC)
- Appointment Date: July 25, 2026
- Replacement: Replaces Sri Kumar Jayant, IAS
- Status: Not liable to retire by rotation
- Qualifications: B.E, MBA
- Current Role: Deputy General Manager (IA/ISO/PP) at Tamilnadu Industrial Investment Corporation Limited
- Age: 58 years (Date of Birth: August 19, 1967)
- Shareholder Approval: Company will seek approval via postal ballot process
Legal Proceedings Update
The Hon'ble NCLT, Chennai bench approved e-auction sale of assets of Servalakshmi Paper Limited (in liquidation) as a going concern in favor of the company on May 12, 2023. Three appeals were filed in Hon'ble NCLAT - two were dismissed as withdrawn, and one appeal has been heard and reserved for orders. Company continues revival efforts.
Auditor Information
- Auditor: Suri & Co (Firm Registration No. 004283S)
- Partner: Sanjeev Aditya M (Membership No. 229694)
- Review Reports: Issued limited review reports for both standalone and consolidated financial results
- Conclusion: No material misstatements identified in the financial results
Additional Information
- Segment Reporting: Paper is the only reportable segment
- Financial Results Availability: Full results available on BSE, NSE, and company website
- Board Committees: Audit Committee reviewed results before board approval