Key Decisions and Approvals

The Board of Directors at their meeting held on Tuesday, August 11, 2026, at the registered office in Hyderabad, approved the following:

1. Un-Audited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report.

2. Board's Report and AGM Notice, fixing the date of the Annual General Meeting (AGM) to be held on September 29, 2026. Full details are to be intimated with the AGM notice.

3. Declaration of a Final Dividend of ₹1.20 (12%) per share, subject to the approval of the members at the ensuing AGM.

4. Appointment of Mr. G. Anil Kumar as Chief Financial Officer and Key Managerial Personnel (KMP) of the company, effective September 7, 2026, as recommended by the Nomination and Remuneration Committee and approved by the Audit Committee.

The Board meeting commenced at 4:00 PM and concluded at 8:00 PM.

Detailed Financial Results (Standalone)

For the Quarter Ended June 30, 2026 (Unaudited)

  • Income from Operations (Net): ₹5,105.91 lakhs
  • Net Sales/Income from operations: ₹4,987.11 lakhs
  • Other Income: ₹118.80 lakhs
  • Total Expenses: ₹4,510.50 lakhs
  • Technical & Operation expense: ₹3,042.88 lakhs
  • Employee benefit expense: ₹1,031.64 lakhs
  • Finance costs: ₹216.73 lakhs
  • Depreciation & amortisation expense: ₹21.82 lakhs
  • Other Expenses: ₹197.42 lakhs
  • Profit before Tax and Exceptional Items: ₹595.41 lakhs
  • Tax Expense: ₹130.00 lakhs
  • Current Tax: ₹140.34 lakhs
  • Deferred Tax: ₹(9.79) lakhs
  • Tax Expenses relating to Earlier years: ₹(0.55) lakhs
  • Profit after Tax: ₹465.41 lakhs
  • Other Comprehensive Income (Net of Tax): ₹(12.46) lakhs
  • Net Profit for the period: ₹452.95 lakhs
  • Paid-up Equity Share Capital: ₹1,251.19 lakhs (Face Value ₹10/-)
  • Earnings Per Share (EPS):
  • Basic: ₹3.72
  • Diluted: ₹3.72

Segment-Wise Revenue and Results (Standalone - Q1 FY27)

  • Technical Division Revenue: ₹1,681.41 lakhs; Segment Result: ₹65.98 lakhs
  • Projects Division Revenue: ₹3,305.70 lakhs; Segment Result: ₹864.52 lakhs
  • Total Segment Result: ₹930.20 lakhs

Detailed Financial Results (Consolidated)

For the Quarter Ended June 30, 2026 (Unaudited)

  • Income from Operations (Net): ₹5,121.74 lakhs
  • Total Expenses: ₹4,510.61 lakhs
  • Profit before Tax and Exceptional Items: ₹595.28 lakhs
  • Tax Expense: ₹130.53 lakhs
  • Profit after Tax: ₹464.75 lakhs
  • Other Comprehensive Income (Net of Tax): ₹54.80 lakhs
  • Net Profit for the period: ₹519.55 lakhs
  • Earnings Per Share (EPS):
  • Basic: ₹3.71
  • Diluted: ₹3.71

The consolidated results include the subsidiary, TS Innovations Private Limited.

Key Notes to the Financial Results

1. The financial results were reviewed by the Audit Committee and approved by the Board on August 11, 2026.

2. GST Liability: During the quarter, the company discharged an additional GST liability aggregating to ₹180.03 lakhs (comprising GST of ₹142.99 lakhs, interest of ₹30.59 lakhs, and penalty of ₹6.45 lakhs) pursuant to an order from the Directorate General of GST Intelligence (DGGI) concerning works contract services from earlier years. This amount has been debited to the Profit & Loss account for the quarter.

3. The statement is prepared as per Regulation 33 of SEBI (LODR) Regulations, 2015, and in accordance with Indian Accounting Standards (Ind AS).

4. Corresponding quarter/year figures have been re-grouped/re-classified for consistency.

Appointment of Chief Financial Officer

  • Name: Mr. G. Anil Kumar
  • Date of Appointment: September 7, 2026
  • Age: About 55 years
  • Qualifications: B.Com. graduate and Chartered Accountant (CA).
  • Experience: Currently working as a Deputy Manager in Axis Chemicals Limited, Hyderabad, since 2023, with more than 9 years of experience in Financial Planning & Analysis.
  • Relationship with Directors: Mr. G. Anil Kumar is not related to any of the directors on the Board.

Auditor's Review

Narven Associates, Chartered Accountants (FRN:005905S), issued a limited review report on both the standalone and consolidated unaudited financial results. Based on their review, nothing has come to their attention that causes them to believe that the statements contain any material misstatement and are in accordance with the required regulations and accounting standards.

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