Key Board Approvals

The Board of Directors considered and approved:

1. The Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026, together with Limited Review Reports from Statutory Auditors

2. The shifting of the Registered Office from National Capital Territory of Delhi to State of Haryana, requiring alteration to Clause II of the Memorandum of Association

3. The draft notice of Extra-Ordinary General Meeting scheduled for Tuesday, December 15, 2026

4. Appointment of Scrutinizer for conducting e-voting at the EGM

Financial Results - Standalone (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹838.56
  • Other income: ₹530.66
  • Total income: ₹1,369.22
  • Profit/(Loss) before tax: ₹(27.81)
  • Exceptional items (unrealized gain on remeasurement of investment): ₹1,633.62
  • Profit/(Loss) before tax after exceptional items: ₹1,605.81
  • Tax expense: ₹221
  • Net Profit/(Loss) for the period: ₹(18.27)
  • Other Comprehensive Income: ₹(394.07)
  • Total Comprehensive Income: ₹(412.34)
  • Basic EPS: ₹(1.59)
  • Diluted EPS: ₹(1.59)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹1,309.82
  • Other income: ₹1,543.46
  • Total income: ₹2,853.28
  • Profit/(Loss) before tax: ₹176.92
  • Exceptional items: ₹1,633.62
  • Profit/(Loss) before tax after exceptional items: ₹1,810.54
  • Tax expense: ₹221
  • Net Profit/(Loss) for the period: ₹1,737.85
  • Other Comprehensive Income: ₹(394.07)
  • Total Comprehensive Income: ₹1,343.78
  • Basic EPS: ₹5.56
  • Diluted EPS: ₹5.56

Balance Sheet Highlights - Standalone (as at September 30, 2026)

  • Total Assets: ₹17,163.85 lakhs
  • Property, Plant and Equipment: ₹778.38 lakhs
  • Investments: ₹118.79 lakhs
  • Other Financial Assets: ₹13,345.70 lakhs
  • Deferred Tax Asset: ₹2,223.78 lakhs
  • Inventories: ₹95.08 lakhs
  • Trade Receivables: ₹249.81 lakhs
  • Equity Share Capital: ₹3,341.90 lakhs
  • Other Equity: ₹12,000.60 lakhs
  • Non-current liabilities: ₹792.77 lakhs
  • Current liabilities: ₹1,028.58 lakhs

Cash Flow - Standalone (Half Year Ended September 30, 2026)

  • Net cash from operating activities: ₹(248.14)
  • Net cash used in investing activities: ₹(16,451)
  • Net cash used in financing activities: ₹(65.73)
  • Net decrease in cash: ₹(16,764.87)

Financial Results - Consolidated (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹10,005.76
  • Other income: ₹4.79
  • Total income: ₹10,010.55
  • Profit before tax and share of profit/loss of associates: ₹627.66
  • Share of profit of Associate: ₹27.53
  • Profit before tax: ₹655.19
  • Tax expense: ₹166.62
  • Net Profit for the period: ₹488.57
  • Other Comprehensive Income: ₹(514.23)
  • Total Comprehensive Income: ₹(25.66)
  • Basic EPS: ₹(0.08)
  • Diluted EPS: ₹(0.08)

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹17,284.15
  • Other income: ₹7.90
  • Total income: ₹17,292.05
  • Profit before tax and share of profit/loss of associates: ₹1,055.28
  • Exceptional items: ₹79.17
  • Profit before tax and share of profit/loss of associates after exceptional items: ₹1,134.45
  • Share of profit of Associate: ₹84.30
  • Profit before tax: ₹1,218.75
  • Tax expense: ₹303.68
  • Net Profit for the period: ₹915.07
  • Other Comprehensive Income: ₹(394.94)
  • Total Comprehensive Income: ₹520.13
  • Basic EPS: ₹1.56
  • Diluted EPS: ₹1.56

Consolidated Entities

The consolidated results include:

1. Suraj Industries Limited (Holding Company)

2. Carya Chemicals & Fertilizers Private Limited (Subsidiary Company)

3. Shri Gang Industries & Allied Products Limited (Associate up to 06.06.2026)

4. VRV Foods Limited (Associate)

Key Notes to Financial Statements

  • The company discontinued its trading operations segment and now operates solely in the Liquor (Alcohol & Alcoholic Beverages) segment
  • Shri Gang Industries & Allied Products Ltd ceased to be an associate effective June 6, 2026, due to increase in equity share capital of the associate company
  • The resulting unrealized remeasurement gain of ₹1,633.62 lakhs (net of tax) on cessation of associate relationship has been recognized as an exceptional item
  • Subsequent unrealized fair value loss of ₹459.95 lakhs up to September 30, 2026, has been recognized in Other Comprehensive Income

Meeting Details

The Board meeting commenced at 05:00 PM and concluded at 06:15 PM on November 14, 2026, at the Registered Office in New Delhi.