Board Meeting Details
The Board of Directors meeting was held on 13th August, 2026, commencing at 04:00 PM and concluding at 04:45 PM.
Financial Results - Standalone (Quarter Ended 30th June, 2026)
Income Statement Highlights:
- Revenue from operations: ₹11,392.95 lakh (Q1 FY27) vs ₹12,063.24 lakh (Q1 FY26) - decrease of 5.6% YoY
- Other income: ₹70.55 lakh (Q1 FY27) vs ₹210.00 lakh (Q1 FY26) - decrease of 66.4% YoY
- Total income: ₹11,463.50 lakh (Q1 FY27) vs ₹12,273.24 lakh (Q1 FY26) - decrease of 6.6% YoY
- Profit before tax: ₹854.48 lakh (Q1 FY27) vs ₹814.45 lakh (Q1 FY26) - increase of 4.9% YoY
- Net profit after tax: ₹625.99 lakh (Q1 FY27) vs ₹427.61 lakh (Q1 FY26) - increase of 46.4% YoY
- Earnings per share (Basic): ₹0.04 (Q1 FY27) vs ₹0.03 (Q1 FY26)
- Earnings per share (Diluted): ₹0.04 (Q1 FY27) vs ₹0.03 (Q1 FY26)
Expense Breakdown:
- Purchases of stock in trade: ₹1,027.51 lakh
- Cost of materials and services consumed: ₹7,249.01 lakh
- Employee benefits expenses: ₹666.06 lakh
- Finance cost: ₹1,060.22 lakh
- Depreciation and amortization: ₹212.47 lakh
- Other expenses: ₹407.42 lakh
Tax Expense:
- Current tax: ₹240.81 lakh
- Deferred tax: (₹1.40) lakh credit
- Income tax for earlier years: (₹10.92) lakh credit
Balance Sheet Position (as at 30th June, 2026):
- Total assets: ₹1,56,976.46 lakh vs ₹1,47,511.93 lakh (31st March, 2026)
- Equity share capital: ₹15,419.29 lakh (unchanged)
- Reserves: ₹79,810.72 lakh vs ₹79,184.73 lakh (31st March, 2026)
- Total equity: ₹95,230.01 lakh vs ₹94,604.02 lakh (31st March, 2026)
- Borrowings: ₹49,946.04 lakh (₹46,490.66 lakh non-current + ₹3,455.38 lakh current)
- Trade payables: ₹2,341.60 lakh (₹716.45 lakh micro & small enterprises + ₹1,625.15 lakh others)
Financial Results - Consolidated (Quarter Ended 30th June, 2026)
Income Statement Highlights:
- Revenue from operations: ₹12,921.32 lakh (Q1 FY27) vs ₹16,534.05 lakh (Q1 FY26) - decrease of 21.9% YoY
- Other income: ₹477.36 lakh (Q1 FY27) vs ₹909.02 lakh (Q1 FY26) - decrease of 47.5% YoY
- Total income: ₹13,398.68 lakh (Q1 FY27) vs ₹17,443.07 lakh (Q1 FY26) - decrease of 23.2% YoY
- Profit before exceptional items and tax: ₹671.47 lakh (Q1 FY27) vs ₹936.09 lakh (Q1 FY26) - decrease of 28.3% YoY
- Share of net profit of associates and joint venture: ₹3,727.01 lakh
- Profit before tax: ₹4,398.48 lakh (Q1 FY27) vs ₹2,273.33 lakh (Q1 FY26) - increase of 93.5% YoY
- Net profit after tax: ₹3,873.97 lakh (Q1 FY27) vs ₹1,879.34 lakh (Q1 FY26) - increase of 106.1% YoY
- Total comprehensive income/(loss): (₹2,198.90) lakh loss due to foreign translation losses of ₹6,072.87 lakh
- Earnings per share (Basic): ₹0.17 (Q1 FY27) vs ₹0.08 (Q1 FY26)
- Earnings per share (Diluted): ₹0.17 (Q1 FY27) vs ₹0.08 (Q1 FY26)
Consolidated Entities:
Subsidiaries: M/s Indus Automotives Private Limited, M/s Sudha Bio Power Private Limited, M/s Param Mitra Resources Pte. Limited
Associates: M/s Indus Best Mega Food Park Private Limited, M/s Tandem Commercial Private Limited, M/s Ansh Petro Private Limited
Balance Sheet Position (Consolidated as at 30th June, 2026):
- Total assets: ₹2,94,416.84 lakh vs ₹2,88,367.65 lakh (31st March, 2026)
- Equity share capital: ₹15,419.29 lakh (unchanged)
- Reserves: ₹1,83,276.85 lakh vs ₹1,59,872.03 lakh (31st March, 2026)
- Non-controlling interest: ₹24,966.14 lakh vs ₹50,746.08 lakh (31st March, 2026)
- Total equity: ₹2,23,662.28 lakh vs ₹2,26,037.40 lakh (31st March, 2026)
- Borrowings: ₹55,444.51 lakh (₹50,399.90 lakh non-current + ₹5,044.61 lakh current)
Segment Performance (Standalone):
The company operates under 4 segments:
1. Transportation, Logistics & Construction: Revenue ₹10,131.78 lakh, Segment result ₹1,866.30 lakh
2. Oil, Lubricants & Spares: Revenue ₹1,101.14 lakh, Segment result ₹73.50 lakh
3. Finance Operations: Revenue ₹160.03 lakh, Segment result (₹95.65) lakh loss
4. Oil Drilling Operations: Revenue ₹- lakh, Segment result ₹- lakh
Segment Performance (Consolidated):
The group operates under 6 segments:
1. Transportations, Logistics, Mining & Construction: Revenue ₹10,122.60 lakh, Segment result ₹1,866.30 lakh
2. Trading of Oil, Lubricants and Spares: Revenue ₹1,128.71 lakh, Segment result ₹67.16 lakh
3. Finance Operations: Revenue ₹151.78 lakh, Segment result (₹106.56) lakh loss
4. Generation and Supply of Electricity: Revenue ₹1,518.23 lakh, Segment result ₹123.63 lakh
5. Oil Drilling Operations: Revenue ₹- lakh, Segment result ₹- lakh
6. Overseas Coal Mining & Trading: Revenue ₹- lakh, Segment result ₹3,150.02 lakh
Board Approvals and Corporate Actions:
1. Approved Unaudited Financial Results for quarter ended 30th June, 2026 (Standalone & Consolidated)
2. Taken on record Limited Review Report from Statutory Auditors pursuant to Regulation 33
3. Taken on record In-Principle approval from Stock Exchanges for Preferential Issue of Equity Shares and Compulsorily Convertible Preference Shares
4. Approval of Notice for calling Annual General Meeting for FY ended 31st March, 2026
5. Approved Director's Report for FY ended 31st March, 2026
6. Appointment of Scrutinizer for conducting e-voting process for AGM
7. Completion of Second Tenure of Mr. Ramesh Shah as Independent Director effective 34th AGM
8. Resignation of Mr. Ajmer Singh as Independent Director
9. Appointment of Mr. Ram Niwas Hooda (DIN 05137074) as Independent Director for 5 years from 13th August, 2026 to 12th August, 2031, subject to shareholder approval
10. Appointment of Mr. Bal Krishan Sharma (DIN 11684540) as Independent Director for 5 years from 13th August, 2026 to 12th August, 2031, subject to shareholder approval
11. Appointment of Mr. Vikas Singh Hooda (currently CFO) as Chief Executive Officer
12. Appointment of Mr. Ankur Gupta as Chief Financial Officer
13. Allotment of 30,04,55,030 Equity Shares of ₹1 each on preferential basis for acquisition of 78.26% equity shareholding in M/s Advent Coal Resources Pte. Ltd., Singapore
14. Allotment of 9,71,76,757 CCPS of ₹1 each on preferential basis for acquisition of 50.1% equity shareholding in M/s Sainik Mining and Allied Services Limited
Capital Structure Impact:
- Preferential allotment of 30,04,55,030 equity shares will increase paid-up capital by approximately ₹3,004.55 lakh
- Preferential allotment of 9,71,76,757 CCPS will increase preference share capital
- Exact dilution percentage not quantified in disclosure