Date: 31/07/2026

Financial Results (Standalone & Consolidated)

Standalone Financial Results (₹ in Crores)

| Particulars | Q1 FY2027 (30.06.2026) | Q4 FY2026 (31.03.2026) | Q1 FY2026 (30.06.2025) | FY2026 (31.03.2026) |

| Revenue from Operations | 395.12 | 401.94 | 367.20 | 1,425.68 |

| Other Income | 0.35 | 8.57 | 2.86 | 16.72 |

| Total Income | 395.47 | 410.51 | 370.06 | 1,442.40 |

| Cost of Material Consumed | 257.97 | 268.57 | 268.49 | 1,023.45 |

| Changes in Inventories | 26.64 | 30.08 | 12.43 | 28.17 |

| Employee Benefits Expense | 15.46 | 14.21 | 14.86 | 62.17 |

| Finance Costs | 6.55 | 6.87 | 7.12 | 29.97 |

| Depreciation and amortisation | 7.10 | 6.42 | 7.10 | 27.72 |

| Other Expenditure | 65.29 | 65.98 | 54.39 | 236.83 |

| Total Expenses | 379.01 | 392.13 | 364.39 | 1,408.31 |

| Profit before tax | 16.46 | 18.38 | 5.67 | 34.09 |

| Current Tax | 3.40 | 2.40 | 0.42 | 4.25 |

| Deferred Tax | 0.50 | 2.75 | 0.50 | 3.75 |

| Profit for the period | 12.56 | 13.23 | 4.75 | 26.09 |

| Total Comprehensive Income | 13.82 | 13.88 | 5.40 | 28.43 |

| Paid up Equity Share Capital | 15.62 | 15.62 | 15.62 | 15.62 |

| EPS - Basic (₹) | 4.02 | 4.23 | 1.52 | 8.35 |

| EPS - Diluted (₹) | 4.02 | 4.23 | 1.52 | 8.35 |

Consolidated Financial Results (₹ in Crores)

| Particulars | Q1 FY2027 (30.06.2026) | Q4 FY2026 (31.03.2026) | Q1 FY2026 (30.06.2025) |

| Revenue from Operations & Other Income | 396.65 | 410.69 | 372.43 |

| Profit before tax | 15.85 | 20.44 | 6.02 |

| Profit for the period | 12.15 | 14.59 | 5.01 |

| Total Comprehensive Income | 13.41 | 15.24 | 5.65 |

| Paid up Equity Share Capital | 15.62 | 15.62 | 15.62 |

| EPS - Basic (₹) | 3.89 | 4.67 | 1.60 |

| EPS - Diluted (₹) | 3.89 | 4.67 | 1.60 |

Segment Performance (Consolidated, ₹ in Crores)

| Segment | Q1 FY2027 Revenue | Q1 FY2027 Segment Profit | Q4 FY2026 Revenue | Q1 FY2026 Revenue |

| Maize Processing Division | 395.47 | 23.01 | 410.51 | 370.06 |

| Infrastructure Division | 15.60 | (0.68) | 16.92 | 12.34 |

| Others | 0.23 | 0.22 | - | 1.02 |

| Total | 411.30 | 22.55 | 427.43 | 383.42 |

| Less: Inter Division Transfers | 14.65 | - | 16.74 | 10.99 |

| Net Total | 396.65 | - | 410.69 | 372.43 |

Board Meeting Outcomes

  • The standalone and consolidated financial results were approved by the Board of Directors in their meeting held on Wednesday, July 29, 2026.
  • The results were reviewed by the Audit Committee.

Other Operational Disclosures

  • The company manufactures starch & its derivatives, a single segment as per Ind AS 108
  • Figures for previous periods have been regrouped/recast/rearranged to make them comparable with current period figures
  • The figures of quarter ended March 2026 are balancing figures between audited full year figures and published year-to-date figures