Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results (Standalone and Consolidated)

Audit Opinion:

Clean Opinion - Limited review report states nothing has come to their attention that causes them to believe the statements contain any material misstatement.

Key Financial Highlights [All amounts in INR Millions]:

Standalone Results:

Revenue from Operations: ₹1,286.21 (Q1 FY27)

Total Income: ₹1,308.74 (Q1 FY27)

Net Profit: ₹183.42 (Q1 FY27)

EPS: ₹0.81* (Basic and Diluted, not annualized)

Quarterly Comparison:

  • Net Profit Q1 FY27: ₹183.42 million vs Q4 FY26: ₹141.20 million (30% increase)
  • Net Profit Q1 FY27: ₹183.42 million vs Q1 FY26: ₹101.65 million (80% increase)

Consolidated Results:

Revenue from Operations: ₹1,286.21 (Q1 FY27)

Total Income: ₹1,308.74 (Q1 FY27)

Net Profit: ₹183.42 (Q1 FY27) - entirely attributable to owners of holding company

EPS: ₹0.81* (Basic and Diluted, not annualized)

Quarterly Comparison:

  • Net Profit Q1 FY27: ₹183.42 million vs Q4 FY26: ₹140.96 million (30% increase)
  • Net Profit Q1 FY27: ₹183.42 million vs Q1 FY26: ₹101.76 million (80% increase)

Segment-wise Performance:

The company has a single reportable segment: "generation and centralized distribution of industrial gases, including steam and nitrogen, through our dedicated pipeline network within India."

Operations are limited to one geographical segment: India.

Corporate Actions:

During Q1 FY27:

  • Issued 6,849,315 equity shares of face value ₹2 each at ₹73 per share, aggregating ₹499.99 million on private placement basis
  • Undertook issuance of 750 unrated, unlisted, senior, secured, redeemable, non-convertible debentures of face value ₹1.00 million each, aggregating ₹750.00 million (Tranche 1 of ₹500 million disbursed)

Subsequent to Q1 FY27:

  • Completed IPO of 51,111,110 equity shares of face value ₹2 each
  • IPO size: ₹4,140.00 million (7,530,864 equity shares offer for sale + 43,580,246 equity shares fresh issue)
  • Listed on NSE and BSE on September 17, 2026

Other Significant Information:

  • Paid-up share capital: ₹465.65 million (Q1 FY27)
  • Other equity: Not specified for current quarter
  • Company registered office: Office No. - 324, Second Floor, Four Point, V.I.P. Road, Vesu, Surat - 395007, Gujarat
  • Corporate Identity Number: U40300GJ2015PLC083493