Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30 and 33
Date of Board Meeting / Approval: August 14, 2026 (commenced at 4:00 PM, concluded at 6:10 PM)
Audit Opinion: Unqualified/clean limited review report (no material misstatements found)
Auditor's Comment: Statutory auditors M/s. Bharat Gupta & Co. issued a limited review report stating nothing came to their attention causing belief that the financial results contain material misstatements.
Key Financial Highlights [₹ in lakh]:
Standalone Results:
Revenue from Operations: ₹6,582.20 lakh (compared to ₹7,784.35 lakh in corresponding quarter previous year - YoY decrease)
Total Income: ₹6,582.20 lakh (I+II)
Net Profit: ₹543.80 lakh (compared to ₹601.54 lakh in corresponding quarter previous year - YoY decrease)
EPS: Basic and Diluted both at ₹3.7 (not annualized)
Paid-up equity share capital: ₹1,467.04 lakh (Face Value of ₹10/- each)
Financial Performance Comparison:
Quarter Ended June 30, 2026 vs. June 30, 2025:
- Total Income: ₹6,582.20 lakh vs. ₹7,784.35 lakh (decrease)
- Profit before tax: ₹688.18 lakh vs. ₹820.15 lakh (decrease)
- Net Profit: ₹543.80 lakh vs. ₹601.54 lakh (decrease)
- EPS: ₹3.7 vs. ₹4.22 (decrease)
Expense Breakdown [₹ in lakh]:
- Cost of material consumed: ₹2,374.88
- Purchases of Stock-in-Trade: ₹1,876.95
- Changes in inventories: (₹1,663.12) [negative indicates decrease in inventory]
- Employee benefits expenses: ₹400.40
- Finance costs: ₹98.90
- Depreciation and amortisation: ₹65.31
- Other expenses: ₹2,737.07
- Total Expenses: ₹5,890.37
Tax Details [₹ in lakh]:
- Current Tax: ₹135.00
- Deferred Tax: ₹9.38
- Total Tax Expense: ₹135.00
Other Comprehensive Income: Nil
Segment-wise Performance:
The Company is primarily engaged in a single business segment of manufacturing and trading of textile products.
Geographical segment reporting: Export turnover is nil for the three-month period ended June 2026.
Corporate Actions:
16th Annual General Meeting: Date fixed for Tuesday, September 29, 2026
Register of Members Closure: Wednesday, September 23, 2026 to Tuesday, September 29, 2026 (both days inclusive)
Other Significant Information:
Company Secretary and Compliance Officer: Rashi Bang (Membership No. A25526)
Corporate Office: 405/406, Kewal Industrial Estate, S. B. Marg., Lower Parel (W), Mumbai - 400013