Sree Rayalaseema Q1 FY27 PAT Rises to ₹25.18 Crore

The Board considered and approved the Standalone and Consolidated Unaudited Financial Results for the quarter.

Standalone Financial Highlights (₹ in Lakhs):

Revenue from operations: ₹21,094.56 (vs. ₹18,025.54 in Q1 FY26)
Total Revenue: ₹22,082.76 (vs. ₹19,065.97 in Q1 FY26)
Profit Before Tax (continuing operations): ₹3,434.95 (vs. ₹3,232.31 in Q1 FY26)
Profit After Tax: ₹2,517.18 (vs. ₹2,341.02 in Q1 FY26)
Earnings Per Share (Basic & Diluted): ₹14.66 (vs. ₹13.64 in Q1 FY26)
Exceptional Items: Net loss of ₹350.34 Lakhs due to mark-to-market valuation of gold futures.

Consolidated Financial Highlights (₹ in Lakhs):

Revenue from operations: Not explicitly stated but derived from segmental data.
Profit After Tax (attributable to owners): ₹2,472.96
Earnings Per Share (Basic & Diluted): ₹14.54
Includes financials of subsidiary TGV Metals and Chemicals Private Limited (50% holding).
Does not include M/s M V Salts & Chemicals Private Limited (23.59% holding, no significant influence).

The Board recommended a dividend for the financial year 2025-26, subject to shareholder approval at the AGM.
Record Date: Friday, September 18, 2026, for the purpose of the AGM (e-voting) and dividend payment.
Dividend Payment Date: On or before October 23, 2026.

Date: Saturday, September 26, 2026, at 4:00 PM.
Mode: Video Conference (VC) / OVAM.
E-voting facility through CDSL platform.
E-voting period: September 23, 2026, at 9:00 AM to September 25, 2026, at 5:00 PM.
Scrutinizer: M/s MNM & Associates appointed for remote e-voting and voting during the AGM.

Sri Phaneendra Rao Kasturi (DIN: 11881707) was appointed as an Additional Director in the capacity of Non-Executive Independent Director.
Term: Five years, effective from August 12, 2026, up to the ensuing AGM, subject to shareholder regularization.
Profile: Fellow Chartered Accountant with over two decades of experience in audit, assurance, taxation, and corporate governance. Former Chairman of the Kurnool Branch of ICAI (2022-2023).
Confirmed not debarred from holding the office of director by any SEBI or other authority order.
Not related to any existing directors of the company.

Following committees were reconstituted with Sri Phaneendra Rao Kasturi as Chairman:

Audit Committee: Phaneendra Rao Kasturi (Chairman), Smt R Triveni (Member), Sri Krishna Kamma Edlapalli (Member)
Nomination & Remuneration Committee: Phaneendra Rao Kasturi (Chairman), Smt R Triveni (Member), Sri Krishna Kamma Edlapalli (Member)
Stakeholders Relationship Committee: Phaneendra Rao Kasturi (Chairman), Smt R Triveni (Member), Sri Krishna Kamma Edlapalli (Member)
Corporate Social Responsibility Committee: Phaneendra Rao Kasturi (Chairman), Smt R Triveni (Member), Sri Krishna Kamma Edlapalli (Member)
Risk Management Committee: Smt T G Shilpa Bharath (Chairperson), Sri Phaneendra Rao Kasturi (Member), Sri H Gurunath Reddy (Member), Sri Krishna Kamma Edlapalli (Member)

The company operates primarily in the Chemicals segment, with a minor Wind Energy segment (contributes less than 10% of total revenue).
Geographical Revenue (Q1 FY27): Within India: ₹13,878.43 Lakhs; Rest of World: ₹7,216.13 Lakhs.
One customer represented more than 10% of the company's total revenue for the quarter.
Non-current assets are located entirely in India.

The company is involved in legal proceedings with Maersk Shipping Line in the Business and Property Courts of England and Wales, Commercial Court.
Maersk claims damages of USD 13,178,280.51 for alleged breaches of Contracts of Carriage.
The company disputes the claim and has obtained interim reliefs from Indian courts, including orders restraining Maersk from pursuing foreign proceedings.
The ultimate outcome and financial liability, if any, cannot be determined presently.

The unaudited financial results were reviewed by the audit committee and approved by the board on August 12, 2026.
S.T. Mohite & Co., Chartered Accountants, issued an unmodified limited review report for both standalone and consolidated results, stating nothing has come to their attention to believe the statements contain any material misstatement.