The Board considered and approved the following items:

1. Unaudited Standalone Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report issued by the statutory auditors M R Hegde & Associates (Firm Regn. No.: 122538W).

2. Directors' Report along with its annexures to be published in the Annual Report for Financial Year 2025-26 and Notice of 62nd Annual General Meeting. The 62nd AGM is scheduled to be held on Monday, September 28, 2026.

Financial Results for Quarter Ended June 30, 2026 (Rs. in lakhs except EPS)

Income Statement Highlights:

  • Income from operations: ₹1,027.43 lakh (Q1 June 2025: ₹876.00 lakh)
  • Sale of products (Net of GST): ₹807.80 lakh (Q1 June 2025: ₹728.74 lakh)
  • Other Operating revenue: ₹219.63 lakh (Q1 June 2025: ₹147.26 lakh)
  • Other Income: ₹30.20 lakh (Q1 June 2025: ₹25.61 lakh)
  • Total Income: ₹1,057.63 lakh (Q1 June 2025: ₹901.60 lakh)

Expenses Breakdown:

  • Cost of materials consumed: ₹395.67 lakh
  • Purchase of stock-in-trade: ₹118.48 lakh
  • Changes in inventories: (₹0.30) lakh
  • Employee Benefits Expense: ₹182.62 lakh
  • Finance Costs: ₹0.91 lakh
  • Depreciation/Amortisation: ₹38.81 lakh
  • Other Expenses: ₹216.31 lakh
  • Total Expenses: ₹952.50 lakh

Profitability Metrics:

  • Profit before tax: ₹105.14 lakh (Q1 June 2025: ₹65.16 lakh)
  • Tax expense: ₹29.39 lakh (Current Tax: ₹29.64 lakh, Deferred Tax: (₹0.25) lakh)
  • Net Profit for the period: ₹75.74 lakh (Q1 June 2025: ₹40.33 lakh)
  • Other Comprehensive Income: ₹5.73 lakh
  • Total Comprehensive Income: ₹81.48 lakh

Capital and Per Share Data:

  • Paid-up equity share capital: ₹22.50 lakh (Face value per share: ₹100 each)
  • Basic EPS: ₹362.12 (Q1 June 2025: ₹209.47)
  • Diluted EPS: ₹362.12 (Q1 June 2025: ₹209.47)

Additional Information

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026
  • The unaudited financial results were subjected to limited review by statutory auditors M R Hegde & Associates, who issued an unmodified report
  • The company is engaged in manufacturing and trading of gases in the domestic market with a single reportable segment
  • Figures for previous periods have been restated/regrouped wherever necessary to conform to current period classification

The meeting was concluded and signed off by Roshan Varshney, Company Secretary & Compliance Officer.