Key Board Decisions

1. Approval of Financial Results: The Board approved the unaudited standalone financial results of the Company for the quarter ended June 30, 2026. The results were enclosed with the disclosure.

2. Review of Auditor's Report: The Board took note of the Limited Review Report issued by the Statutory Auditors, M/s. SMV Co Chartered Accountants (Firm Reg. No. 015630S), on the unaudited standalone financial results for the quarter ended June 30, 2026. This report was also enclosed.

3. Appointment of Statutory Auditors: Based on the recommendation of the Audit Committee, the Board considered and approved the appointment of M/s. P V G R & ASSOCIATES, CHARTERED ACCOUNTANTS (Firm Registration No. 022181S), as the new statutory auditors of the company. This appointment is for a term of five consecutive years, commencing from the conclusion of the 42nd Annual General Meeting (AGM) until the conclusion of the 47th AGM. The appointment is subject to approval by shareholders at the ensuing 42nd AGM.

Reason for Auditor Change

The change in auditors is due to the completion of the tenure of the previous auditor.

Profile of New Auditors

M/s. P V G R & ASSOCIATES is a Hyderabad-based Chartered Accountant firm that has been providing services for the last 6 years. The firm's expertise includes Direct Tax, Indirect Tax, Audit and Assurance, Company Law, Project Finance, and liaison with Banks for arranging finance. The firm claims experience in ensuring timely tax compliance and avoiding penalties.

Financial Results Highlights (Unaudited Standalone)

For the quarter ended June 30, 2026 (Q1 FY27):

  • Total Income: ₹856.28 Lakh
  • Total Expenses: ₹769.10 Lakh
  • Profit Before Tax (PBT): ₹87.18 Lakh
  • Tax Expense: ₹13.08 Lakh (Current Tax: ₹13.08 Lakh, Deferred Tax: ₹0.00)
  • Net Profit for the period: ₹74.10 Lakh
  • Earnings Per Share (EPS): Basic and Diluted EPS from continuing operations is ₹0.01
  • Paid-up Equity Share Capital: ₹9412.77 Lakh (Face Value: ₹1.00 per share)
  • Reserves (excluding revaluation reserve): ₹12253.32 Lakh

Comparative Figures:

  • Quarter ended March 31, 2026 (Q4 FY26): Net Profit of ₹50.72 Lakh on Total Income of ₹949.79 Lakh.
  • Quarter ended June 30, 2025 (Q1 FY26): Net Profit of ₹64.22 Lakh on Total Income of ₹498.57 Lakh.

Auditor's Review Conclusion

The Statutory Auditors, M/s. SMV Co Chartered Accountants, in their limited review report dated August 13, 2026, stated that based on their review, nothing has come to their attention that causes them to believe that the accompanying Statement of Unaudited Standalone Financial Results is not prepared in accordance with the required standards and regulations, or that it contains any material misstatement.

Additional Information

The unaudited standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and are in compliance with Regulation 33 of the SEBI LODR Regulations. The figures for the quarter ended June 30, 2026, have been subjected to a limited review by the Statutory Auditors. The comparative figures are provided as required.

Documents and Website

A copy of the annexures, including the detailed financial results and auditor's report, will be uploaded to the Company's website (http://www.titanintech.in).