Financial Results for Quarter Ended 30.06.2026
Income Statement (₹ in lakhs):
- Revenue from operations: ₹31.54 (vs ₹21.70 in Q1 previous year)
- Other income: ₹7.51
- Total income: ₹39.05
Expenses (₹ in lakhs):
- Cost of materials consumed: ₹10.34
- Changes in inventories: ₹19.80
- Employee benefits expense: ₹15.57
- Finance costs: ₹9.53
- Depreciation and amortization: ₹0.45
- Other expenses: ₹32.84
- Total expenses: ₹88.53
Profit/Loss (₹ in lakhs):
- Loss before tax: (₹49.48)
- Tax expense: ₹0.53 (deferred tax)
- Net loss for quarter: (₹50.01)
- Total comprehensive income: (₹50.01)
- Basic and diluted EPS: (₹1.67)
Comparative Figures:
- Previous quarter (31.03.2026): Net profit ₹5.87 lakh, EPS ₹0.20
- Same quarter previous year (30.06.2025): Net loss ₹9.86 lakh, EPS (₹0.33)
- Full year ended 31.03.2026: Net profit ₹12.64 lakh, EPS ₹0.42
Share Capital:
- Weighted average number of equity shares: 30,00,000 (consistent across all periods)
Corporate Governance Actions
Board Meeting Details:
- Meeting held on 07.08.2026
- Commenced at 11:30 AM, concluded at 12:40 PM
- Approved unaudited financial results for quarter ended 30.06.2026
- Approved convening of 40th Annual General Meeting
AGM Details:
- Date: Wednesday, 30th September 2026
- Mode: Video conferencing/other audio visual means (OAVM)
- Book closure dates: 24.09.2026 to 30.09.2026 (both days inclusive)
Auditor Review
Brahmayya & Co., Chartered Accountants:
- Conducted limited review of unaudited financial results
- Issued unmodified review report dated 07.08.2026
- Confirmed preparation in accordance with Ind AS 34 and SEBI Listing Regulations
- No material misstatements identified
Additional Notes
1. Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
2. Results reviewed by Audit Committee and approved by Board of Directors on 07.08.2026
3. Company operates in single business segment: Magnesium (as per Ind AS 108)
4. Comparative figures rearranged for comparability without fiscal impact