The Board considered and approved the following items:

1. Approval of Financial Results

  • The Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, were approved.
  • The financial results were reviewed by the statutory auditors, M/s. Mehra Goel & Co. LLP, who issued a limited review report.

2. Standalone Financial Results (Amounts in ₹ Lakhs)

  • Total Income: ₹1,849.06 for Q1 FY27 (June 30, 2026), compared to ₹1,208.42 in Q1 FY26 (June 30, 2025) and ₹6,913.40 for FY26 (March 31, 2026).
  • Revenue from Operations: ₹1,712.36 for Q1 FY27.
  • Other Income: ₹136.70 for Q1 FY27.
  • Total Expenses: ₹606.00 for Q1 FY27.
  • Profit Before Tax: ₹1,433.03 for Q1 FY27.
  • Tax Expense: ₹384.52 for Q1 FY27 (Current Tax: ₹386.63, Deferred Tax: ₹-2.11).
  • Profit for the Period: ₹1,048.51 for Q1 FY27.
  • Earnings Per Share (EPS): Basic EPS of ₹2.21 and Diluted EPS of ₹2.10 for the quarter (not annualized).
  • Paid-up Equity Share Capital: ₹4,752.81 lakhs (Face Value ₹10 per share).

3. Consolidated Financial Results (Amounts in ₹ Lakhs)

  • Profit After Tax: ₹1,264.50 for Q1 FY27.
  • Total Comprehensive Income: ₹1,262.05 for Q1 FY27, attributable to owners of the company (₹1,226.57) and non-controlling interest (₹37.93).
  • Earnings Per Share (EPS): Basic EPS of ₹2.58 and Diluted EPS of ₹2.45 for the quarter (not annualized).
  • The consolidated results include the following subsidiary entities: Brantford Limited, Synthar Data Storage Private Limited, ALTRR Software Services Limited, NES Data Private Limited, Pepperfry Limited, Pepcart Logistics Private Limited, Pepperfry Modular Private Limited, and Clouddio Sleep Private Limited.
  • The auditors' review report includes an Emphasis of Matter regarding Pepcart Logistics Private Limited's recognition of deferred tax assets of ₹443.45 lakh on carried forward losses, based on management's assessment of future taxable profits.

4. Consolidated Segment Information (Amounts in ₹ Lakhs)

  • Segment Revenue for Q1 FY27: Brokerage & Other Services (₹1,806.50), Rental & Leasing of Equipment (₹1,862.70), Information Technology (₹524.80), Consumer Tech (₹8,633.80). Total Revenue From Operations: ₹12,827.80.
  • Segment Result (Profit/Loss) before tax and interest for Q1 FY27: Brokerage & Other Services (₹1,438.47), Rental & Leasing of Equipment (₹261.35), Information Technology (₹-65.22), Consumer Tech (₹418.18), Unallocated (₹-40.72).
  • Total Segment Assets: ₹2,169,11.79 as of June 30, 2026.
  • Total Segment Liabilities: ₹49,344.51 as of June 30, 2026.

5. Scheme of Amalgamation

  • The Board approved a Scheme of Amalgamation by way of merger by absorption of ALTRR Software Services Limited (a Wholly Owned Subsidiary) into TCC Concept Limited.
  • Rationale: To achieve consolidation and integration of business, streamline management, maintain a simplified corporate structure, yield administrative synergies, eliminate duplicative functions, reduce compliance requirements, facilitate optimal utilization of cash flows, and strengthen the financial position.
  • Consideration: No consideration is involved as TCC holds 100% of ALTRR's equity shares. These shares will be cancelled upon amalgamation, and no new shares of TCC will be issued.
  • Approvals Required: The Scheme is subject to approval from the National Company Law Tribunal (NCLT), Mumbai, and other requisite statutory and regulatory approvals.
  • Related Party Transaction: The transaction falls under related party transactions but is exempt from the requirements of section 188 of the Companies Act, 2013, and Regulation 23(5)(b) of SEBI LODR, as per applicable clarifications.
  • Company Details:
  • Transferor Company (ALTRR): Turnover (FY 2025-26): ₹1,272.05 lakhs; Net worth: ₹1,627.05 lakhs. Business: AI-backed solutions and a data analytical platform branded as TryThat.ai for the real estate sector.
  • Transferee Company (TCC): Consolidated Turnover (FY 2025-26): ₹17,939.30 lakhs; Consolidated Net worth: ₹1,64,534.09 lakhs. Business: A diversified technology-driven enterprise across AI, digital infrastructure, technology, logistics, e-commerce, and real estate technology.

6. Other Key Disclosures

  • During the quarter, Pepperfry Limited (a material subsidiary) raised ₹1,561.26 lakh through a preferential allotment of 399,299 equity shares at an issue price of ₹391 per share (face value ₹10 + premium ₹381).
  • The figures for the quarter ended March 31, 2026, are balancing figures between the audited full-year and unaudited nine-month figures.
  • Previous period figures have been regrouped/rearranged/reclassified where necessary.

The meeting was communicated by Isha Arora, Company Secretary & Compliance Officer.