Financial Results Approval
The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, as recommended by the Audit Committee. The results were reviewed by statutory auditors Singhi & Co.
Key Financial Figures (Standalone - in lakhs)
- Revenue from Operations: ₹57,630.88
- Total Income: ₹58,530.52
- Profit before tax: ₹3,431.55
- Profit after tax: ₹2,375.65
- Basic EPS: ₹0.59
- Diluted EPS: ₹0.59
- Paid-up Equity Share Capital: ₹4,041.80 (Face Value of ₹1/- each)
Key Financial Figures (Consolidated - in lakhs)
- Revenue from Operations: ₹94,288.89
- Total Income: ₹95,109.36
- Profit before tax: ₹9,751.64
- Profit after tax: ₹7,390.90
- Basic EPS: ₹1.85
- Diluted EPS: ₹1.85
- Paid-up Equity Share Capital: ₹4,041.80 (Face Value of ₹1/- each)
Management Re-appointments
Subject to shareholder approval at the ensuing AGM, the Board re-appointed:
- Mr. Sajjan Bhajanka as Chairman & Managing Director from April 1, 2027 to March 31, 2030
- Mr. Sanjay Agarwal as Managing Director from April 1, 2027 to March 31, 2030
- Mr. Prem Kumar Bhajanka as Vice Chairman & Managing Director from April 1, 2027 to March 31, 2030
- Mr. Pankaj Kejriwal as Executive Director from April 1, 2027 to March 31, 2030
Director Relationships
Mr. Sanjay Agarwal and Mr. Pankaj Kejriwal are not related to any Directors except Mr. Sajjan Bhajanka (father of Mr. Keshav Bhajanka, Non-Executive Director) and Mr. Prem Kumar Bhajanka (father of Mr. Tushar Bhajanka, Managing Director & CEO).
Annual General Meeting Details
- 25th AGM Date: Friday, September 25, 2026 at 11:30 a.m.
- Meeting Mode: Video Conferencing/Other Audio Video Means
- Book Closure Period: Saturday, September 19, 2026 to Friday, September 25, 2026 (both days inclusive)
- Purpose: Annual General Meeting
Auditor Review Reports
Singhi & Co. issued unmodified review reports on both standalone and consolidated financial results. The consolidated results include three subsidiaries (Star Century Global Cement Private Limited, Nitesh Minerals Private Limited, and Jaitaran Renewable Power Private Limited) whose results were not reviewed by their independent auditors but certified by management.
Significant Notes to Financial Results
1. The Company and one subsidiary opted for concessional Income Tax rate under Section 115BAA effective April 1, 2026
2. Acquired 100% equity in Jaitaran Renewable Power Private Limited (April 23, 2026) and Nitesh Minerals Private Limited (April 1, 2026)
3. Recognized exceptional item of ₹579.94 lakhs in Q4 FY26 and ₹1,131.97 lakhs in FY26 for Labour Code implementation provisions
4. Accounted for revised remuneration of ₹277.86 lakhs for Mr. Tushar Bhajanka pending shareholder approval
5. One subsidiary's SGST reimbursement incentives capped proportionately under Assam State Industrial Incentive Scheme
6. Q4 FY26 figures represent balancing figures between audited annual and unaudited nine-month figures
Meeting Details
Board meeting commenced at 12:35 p.m. and concluded at 1:45 p.m. on August 7, 2026.