Financial Results (₹ in Lakhs)
Quarterly Performance Comparison
- Total Income: ₹5,750.14 (Q1 FY27) vs ₹4,514.07 (Q1 FY26) vs ₹4,562.65 (Q4 FY26)
- Revenue from Operations: ₹4,934.52 (Q1 FY27) vs ₹3,728.94 (Q1 FY26) vs ₹4,598.55 (Q4 FY26)
- Other Income: ₹815.62 (Q1 FY27) vs ₹785.13 (Q1 FY26) vs (₹35.90) (Q4 FY26)
- Profit Before Tax: ₹1,124.29 (Q1 FY27) vs ₹1,006.25 (Q1 FY26) vs (₹3.53) (Q4 FY26)
- Net Profit: ₹967.06 (Q1 FY27) vs ₹863.64 (Q1 FY26) vs (₹43.50) (Q4 FY26)
- Earnings Per Share (Basic): ₹1.44 (Q1 FY27) vs ₹0.39 (Q1 FY26) vs (₹0.03) (Q4 FY26)
Expense Breakdown (Q1 FY27)
- Purchases of Stock-in-Trade: ₹6,840.42
- Changes in Inventories: (₹2,422.86) [credit]
- Employee Benefits Expense: ₹60.40
- Finance Costs: ₹3.61
- Depreciation and Amortization: ₹18.98
- Other Expenses: ₹195.30
Tax Expenses (Q1 FY27)
- Current Tax: ₹94.49
- Deferred Tax: ₹62.74
- Total Tax Expense: ₹157.23
Capital Structure
- Paid-up Equity Share Capital: ₹222.064 lakhs (Face Value ₹1 per share)
- Other Equity: ₹2,205.642 lakhs (as per previous audited balance sheet)
Key Notes to Financial Results
1. Accounting Standards: Financial results prepared in accordance with Indian Accounting Standards (Ind AS).
2. Business Segment: Single segment of "trading in commodities and other commodity related activities" as per Ind AS 108.
3. Property Reclassification: During previous year, certain land and buildings previously classified under Property, Plant and Equipment were reclassified as Investment Property as they are not used for operational purposes. Based on external valuation, the building's recoverable value was assessed at ₹20 lakhs against carrying amount of ₹50.54 lakhs, resulting in impairment loss of ₹30.54 lakhs recognized in Statement of Profit and Loss as per Ind AS 36.
4. SEBI Compliance Matter: The company identified non-compliance with Regulation 23 of SEBI LODR Regulations regarding Related Party Transactions with Mr. Alok P. Shah, Managing Director, during FY 2025-26. These transactions exceeded prescribed thresholds without prior shareholder approval.
- The matter was subsequently placed before the Board and shareholders, with requisite approval/ratification obtained.
- The company filed a Voluntary Settlement Application with SEBI under SEBI (Settlement Proceedings) Regulations, 2018 on August 11, 2026.
- The outcome remains uncertain as of the approval date of these financial results and has been disclosed as a contingent liability.
5. Exceptional Items: No exceptional items reported in any of the periods presented.
6. Comparative Figures: Figures for previous periods have been regrouped wherever necessary for comparability.
Approval and Review Process
- Financial results reviewed and recommended by Audit Committee
- Approved by Board of Directors at meeting held on August 12, 2026
- Statutory auditors Sharp & Tannan Associates conducted limited review as per Regulation 33 of SEBI LODR Regulations 2015
- Auditors issued unmodified conclusion stating nothing came to their attention causing belief that the statement contains material misstatement