Reason for Revision

The original filing dated 03.11.2026 contained a typographical error where a tax provision of Rs.165.31 lakh was omitted from the consolidated column for net profit after tax. This has been corrected in both the three-month and six-month columns for consolidated results. No other changes were made to the results or attached statements.

Financial Results (Standalone)

Quarter Ended 30/09/2026 (Unaudited)

  • Total Income: Rs.36,712.04 lakh
  • Total Expenses: Rs.36,207.86 lakh
  • Profit Before Tax: Rs.504.18 lakh
  • Tax Expense: Rs.126.89 lakh (Current Tax)
  • Net Profit: Rs.377.29 lakh
  • Other Comprehensive Income: Rs.62.88 lakh
  • Total Comprehensive Income: Rs.440.17 lakh

Half Year Ended 30/09/2026 (Unaudited)

  • Total Income: Rs.63,986.37 lakh
  • Total Expenses: Rs.63,329.54 lakh
  • Profit Before Tax: Rs.656.83 lakh
  • Tax Expense: Rs.165.31 lakh (Current Tax)
  • Net Profit: Rs.491.52 lakh
  • Other Comprehensive Income: Rs.62.88 lakh
  • Total Comprehensive Income: Rs.554.40 lakh

Comparative Figures (Standalone)

Quarter Ended 30/06/2026 (Unaudited):

  • Total Income: Rs.27,274.33 lakh
  • Net Profit: Rs.114.23 lakh

Half Year Ended 30/09/2025 (Unaudited):

  • Total Income: Rs.52,083.16 lakh
  • Net Profit: Rs.1,783.75 lakh

Year Ended 31/03/2026 (Audited):

  • Total Income: Rs.105,381.22 lakh
  • Net Profit: Rs.2,360.60 lakh

Financial Results (Consolidated)

Quarter Ended 30/09/2026 (Unaudited)

  • Total Income: Rs.36,712.04 lakh
  • Total Expenses: Rs.36,207.86 lakh
  • Profit Before Tax: Rs.504.18 lakh
  • Tax Expense: Rs.126.89 lakh (Current Tax)
  • Net Profit: Rs.377.29 lakh
  • Other Comprehensive Income: Rs.62.88 lakh
  • Total Comprehensive Income: Rs.440.17 lakh

Half Year Ended 30/09/2026 (Unaudited)

  • Total Income: Rs.63,986.37 lakh
  • Total Expenses: Rs.63,329.54 lakh
  • Profit Before Tax: Rs.656.83 lakh
  • Tax Expense: Rs.165.31 lakh (Current Tax)
  • Net Profit: Rs.491.52 lakh
  • Other Comprehensive Income: Rs.62.88 lakh
  • Total Comprehensive Income: Rs.554.40 lakh

Balance Sheet Highlights (Standalone as at 30/09/2026)

Assets

  • Property, Plant and Equipment: Rs.16,098.74 lakh
  • Capital Work in Progress: Rs.3,364.83 lakh
  • Investments: Rs.1,468.59 lakh
  • Loans: Rs.3,413.62 lakh
  • Inventories: Rs.14,632.25 lakh
  • Trade Receivables: Rs.18,910.56 lakh
  • Cash and Cash Equivalents: Rs.16,087.11 lakh
  • Other Current Assets: Rs.6,754.82 lakh
  • Total Assets: Rs.81,074.14 lakh

Liabilities and Equity

  • Share Capital: Rs.14,063.62 lakh
  • Other Equity: Rs.27,705.54 lakh
  • Total Equity: Rs.41,769.16 lakh
  • Borrowings (Non-current): Rs.10,175.19 lakh
  • Deferred Tax Liabilities: Rs.1,816.24 lakh
  • Borrowings (Current): Rs.3,579.68 lakh
  • Trade Payables: Rs.22,799.54 lakh (MSME: Rs.1,306.71 lakh, Others: Rs.21,492.83 lakh)
  • Other Financial Liabilities: Rs.220.63 lakh
  • Other Current Liabilities: Rs.515.12 lakh
  • Total Liabilities: Rs.39,304.98 lakh

Capital Structure Changes

  • Share capital increased from Rs.10,261.55 lakh (31/03/2026) to Rs.14,063.62 lakh (30/09/2026)
  • Other equity increased significantly from Rs.7,862.28 lakh to Rs.27,705.54 lakh

Significant Events and Transactions

Right Issue

  • Completed right issue of 16,84,24,218 equity shares of face value Rs.2/- each at Rs.11.86 per share (including premium of Rs.9.86 per share)
  • Aggregate issue size: Rs.19,975.11 lakh
  • Ratio: 8 right equity shares for every 25 fully paid-up equity shares
  • Record date: 12/06/2026
  • Issue was subscribed 2.5 times

Subsidiary Acquisition

  • Wholly owned subsidiary Sumeet Speciality Chips Limited acquired Phase-3 Chips Manufacturing Plant of Nakoda Limited (in liquidation) through NCLT process under IBC 2016
  • Company funded SSCL with equity of Rs.1.00 lakh and unsecured loan of Rs.2,777.56 lakh (repayable on demand)
  • Earnest money of Rs.117.34 lakh paid in March 2026 transferred to SSCL
  • SSCL became subsidiary on 17/08/2026

Subsidiary Update

  • Sumeet Global PTE Limited (wholly owned overseas subsidiary) operations completely wound up as per board decision dated 13/02/2025
  • Financial results include Sumeet Global PTE Limited and Sumeet Speciality Chips Limited in consolidation

Cash Flow Statement (Half Year Ended 30/09/2026)

Standalone

  • Net Cash from Operating Activities: Rs.10,798.98 lakh
  • Net Cash Used in Investing Activities: Rs.(-57,557.71) lakh
  • Net Cash from Financing Activities: Rs.16,898.76 lakh
  • Net Increase in Cash: Rs.12,222.04 lakh
  • Opening Cash: Rs.3,865.08 lakh
  • Closing Cash: Rs.16,087.11 lakh

Consolidated

  • Net Cash from Operating Activities: Rs.9,533.32 lakh
  • Net Cash Used in Investing Activities: Rs.(-56,213.34) lakh
  • Net Cash from Financing Activities: Rs.16,910.81 lakh
  • Net Increase in Cash: Rs.12,242.80 lakh
  • Opening Cash: Rs.3,865.07 lakh
  • Closing Cash: Rs.16,107.87 lakh

Related Party Transactions

Significant transactions with related parties including:

  • Eagle Fibres Limited (purchases: Rs.400.00 lakh, sales: Rs.6,357.90 lakh, loans: Rs.952.64 lakh)
  • Eagle Fashion (P) Limited (sales: Rs.53.25 lakh, loans: Rs.612.80 lakh)
  • Vibhuti Synthetics Pvt. Limited (advances: Rs.1,075.28 lakh)
  • JPB Fibres (purchases: Rs.482.08 lakh, sales: Rs.155.48 lakh, loans: Rs.418.64 lakh)
  • Sumeet Speciality Chips Limited (loans & advances: Rs.2,777.56 lakh, investment: Rs.0.99 lakh)
  • Hi Urja Techno LLP (purchases: Rs.4.46 lakh, loans: Rs.1,271.93 lakh)
  • Executive remuneration to directors and key managerial personnel

Fund Utilization Deviation

Right Issue Proceeds Deviation

  • Original objects: Solar power plant (Rs.2,200 lakh), Loan repayment (Rs.2,300 lakh), Working capital (Rs.10,000 lakh), General corporate purposes (Rs.4,990.11 lakh), Issue expenses (Rs.485 lakh)
  • Modified utilization: Solar project deferred, Rs.1,400 lakh HDFC Bank loan repayment deferred due to 2.7% prepayment penalty
  • Reallocated Rs.3,600 lakh (Rs.2,200 lakh solar + Rs.1,400 lakh loan repayment) to acquisition and operationalization of Nakoda chips plant
  • Rs.6,000 lakh kept in fixed deposits for future use in chips plant
  • Actual issue expenses: Rs.489.89 lakh (Rs.4.89 lakh over estimate met from internal accruals)

Auditor's Review

  • Limited review conducted by HTKS & Co., Chartered Accountants
  • Emphasis of matter on SSCL acquisition of Nakoda plant
  • No material misstatement found in financial results
  • Sumeet Global PTE Limited results not reviewed by its auditor but certified by management