Financial Results - Standalone (₹ in Lakhs)

Quarter Ended 30th June, 2026 (Unaudited)

  • Revenue from Operations: ₹2,017.22
  • Other Income: ₹0.00
  • Total Income: ₹2,017.22
  • Total Expenses: ₹1,964.59
  • Profit Before Tax: ₹52.64
  • Tax Expense: ₹13.15 (Current Tax: ₹13.15, Deferred Tax: ₹0.00)
  • Net Profit: ₹39.49
  • Basic EPS: ₹0.01
  • Diluted EPS: ₹0.01

Comparative Performance

  • Revenue increased 60.4% YoY from ₹1,257.08 lakhs in Q1 FY2025
  • Net profit decreased 55.2% YoY from ₹88.05 lakhs in Q1 FY2025
  • Paid-up Share Capital: ₹4,309.66 lakhs (43.09 crore shares of ₹1 face value)

Financial Results - Consolidated (₹ in Lakhs)

Quarter Ended 30th June, 2026 (Unaudited)

  • Revenue from Operations: ₹2,017.22
  • Total Income: ₹2,017.22
  • Total Expenses: ₹1,968.69
  • Profit Before Tax: ₹49.04
  • Tax Expense: ₹13.15
  • Net Profit: ₹35.89
  • Basic EPS: ₹0.01
  • Diluted EPS: ₹0.01

Capital Structure Changes

Share Capital Increases

1. 25th September 2025: Authorized share capital increased from ₹37 crore to ₹60 crore through 14th Annual General Meeting

2. 7th October 2025: Rights issue of 10,37,52,000 equity shares at ₹1 face value

  • BSE listing approval: 8th October 2025
  • BSE trading approval: 9th October 2025

3. 24th February 2026: Authorized share capital increased from ₹60 crore to ₹100 crore through Extraordinary General Meeting

4. 23rd March 2026: Preferential allotment of 6,78,33,700 equity shares and 48,00,00,000 convertible warrants at ₹6 per share/warrant

  • BSE in-principle approval: 9th March 2026
  • BSE listing approval: 12th May 2026
  • BSE trading approval: 1st July 2026

Convertible Warrants Details

  • Total issue: 48,00,00,000 warrants aggregating ₹288 crore
  • Issue price: ₹6 per warrant (₹1 face value + ₹5 premium)
  • 25% upfront payment received: ₹1.50 per warrant
  • Balance 75% payable upon conversion
  • Conversion period: 18 months from allotment date (23rd March 2026)
  • Non-conversion results in forfeiture of upfront amount

Exceptional Items

  • FY2026 write-off: ₹529.36 lakhs previously capitalized as Capital Work-in-progress
  • Approved by Board on 12th February 2026 based on Audit Committee recommendation

Accounting and Compliance

  • Prepared in accordance with IND AS 34 and Companies Act, 2013
  • Limited review conducted by statutory auditors Kansariwala & Chevli
  • Single business segment: trading of diamonds & jewellery
  • Results available on company website (www.starlineps.com) and BSE website

Subsidiary Information

  • Consolidated results include StarlinePS International Private Limited
  • No discontinuing operations
  • No extraordinary items
  • No other comprehensive income