Financial Results Overview

The company reported consolidated financial results for the quarter ended June 30, 2026:

Income Statement Highlights:

  • Income from operations: ₹184.29 crore
  • Other income: ₹0.75 crore
  • Total income: ₹185.04 crore
  • Profit before exceptional items and tax: ₹192.71 crore
  • Exceptional items: Nil
  • Profit before tax: ₹192.71 crore
  • Tax expenses: ₹73.10 crore (Current tax: ₹58.90 crore, Earlier years' tax: ₹0.02 crore, Deferred tax: ₹14.18 crore)
  • Net profit for the period: ₹209.19 crore
  • Total comprehensive income for the period: ₹210.24 crore
  • Basic earnings per share (EPS): ₹21.11

Comparative Figures:

  • Q1 FY26 Net profit: ₹127.35 crore
  • FY26 Annual Net profit: ₹980.55 crore

Segment-wise Performance (Consolidated)

Revenue Breakdown:

  • Investment activities: ₹80.57 lakh
  • Manufacturing activities: ₹1,787.31 lakh
  • Total segment revenue: ₹1,867.88 lakh
  • Less: Inter-segment revenue: ₹25.00 lakh
  • Net sales/income from operations: ₹1,842.88 lakh

Segment Results (Profit before interest and tax):

  • Investment activities: ₹33.84 lakh
  • Manufacturing activities: ₹255.34 lakh
  • Total segment results: ₹289.18 lakh

Segment Assets & Liabilities:

  • Total segment assets: ₹13,578.83 lakh
  • Total segment liabilities: ₹1,123.42 lakh

Debt and Default Status

The company disclosed no outstanding debt or defaults:

  • Loans/revolving facilities from banks/financial institutions: NIL
  • Unlisted debt securities (NCDs and NCRPS): NIL
  • Total financial indebtedness: NIL
  • No defaults on any loan or debt securities

Board and Committee Approval

  • The Audit Committee reviewed and the Board of Directors approved the financial results in their meeting held on July 31, 2026
  • Board meeting commenced at 1:50 PM and concluded at 2:20 PM
  • The results were reviewed by statutory auditors M/s P A R K & Co, Bhavnagar

Additional Information

  • The company identified Investment Activity, Trading Activity and Manufacturing Activities as its segments under Ind AS 108
  • Previous period figures have been reclassified where necessary
  • The subsidiary Tamboli Castings Limited contributed revenues of ₹1,861.08 lakh and net profit of ₹201.96 lakh for the quarter