Key Quantitative Figures - Financial Results (Quarter ended June 30, 2026)

The company reported a net loss of ₹(19.41) lakh for the quarter ended June 30, 2026 (Q1 FY27). This is a significant decline from a net profit of ₹102.41 lakh reported in the corresponding quarter of the previous year (Q1 FY26).

Income Statement Highlights (₹ Lakhs):

  • Total Income: ₹1.73 (Q1 FY27) vs. ₹122.34 (Q1 FY26)
  • Revenue from Operations: ₹0.00 (Q1 FY27) vs. ₹122.11 (Q1 FY26)
  • Other Income: ₹1.73 (Q1 FY27) vs. ₹0.23 (Q1 FY26)
  • Total Expenses: ₹21.14 (Q1 FY27) vs. ₹19.93 (Q1 FY26)
  • Loss before tax: ₹(19.41) (Q1 FY27) vs. Profit of ₹102.41 (Q1 FY26)
  • Tax Expense: ₹0.00 (Q1 FY27)
  • Earnings Per Share (Basic & Diluted): ₹(0.13) (Q1 FY27) vs. ₹0.69 (Q1 FY26)

Other Comprehensive Income:

The company reported an Other Comprehensive Loss of ₹(1,730.37) lakh, primarily due to a loss on equity investments measured at fair value through other comprehensive income (FVOCI).

Balance Sheet Items:

  • Paid-up equity share capital (Face value ₹10): ₹1,475.00 lakh
  • Other Equity: ₹2,636.21 lakh (as of March 31, 2026)

Dates of Action

  • Board Meeting Date: August 10, 2026 (commenced at 3:30 PM, concluded at 4:45 PM)
  • Financial Period: Quarter ended June 30, 2026
  • Appointment Effective Date: August 10, 2026
  • AGM Date: September 30, 2026 (46th AGM)

Parties Involved

  • Statutory Auditors: M/s G R A M and Associates LLP, Chartered Accountants (Firm Registration No.: 008850C)
  • New Appointee: Ms. Pragati Rai (Company Secretary and Compliance Officer)

Key Developments and Rationale

1. Approval of Financial Results: The Board considered and approved the unaudited financial results for Q1 FY27, which were reviewed by the audit committee.

2. Appointment of Company Secretary: Based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Ms. Pragati Rai (ICSI Membership No.: A68178) as Company Secretary and Compliance Officer. Her brief profile states she is an Associate Member of ICSI, holds an M.Com from Banaras Hindu University, and has over four years of post-membership experience in secretarial matters.

3. AGM Schedule: The Board considered and decided to hold the 46th Annual General Meeting of the company on Wednesday, September 30, 2026.

Financial and Operational Impact

The disclosure quantifies a material deterioration in financial performance for the quarter, moving from a significant profit to a loss year-on-year. The appointment of a new Compliance Officer is a governance action with operational impact.

Auditor's Review

The limited review of the quarterly results was conducted by G R A M and Associates LLP in accordance with Standard on Review Engagements (SRE) 2410. Their report states that nothing has come to their attention that causes them to believe the accompanying statement contains any material misstatement.