Turner Industries Limited

Financial Results Summary (₹ in Lakhs)

The company reported consistent financial performance across all comparable periods:

Quarter Ended 30.06.2026 (Unaudited):

  • Total Income from Operations: Not reported (shown as "-")
  • Net Loss before tax (after exceptional items): (0.31)
  • Net Loss after tax: (0.31)
  • Total Comprehensive Income: (0.31)
  • Earnings Per Share (Basic & Diluted): (0.01)

Comparative Performance:

  • Preceding Quarter (31.03.2026): Net Loss (0.31), EPS (0.01)
  • Corresponding Quarter (30.06.2025): Net Loss (0.31), EPS (0.01)
  • Full Year Ended 31.03.2026: Net Loss (2.06), EPS (0.05)

Capital Structure

  • Equity Share Capital: ₹401.31 lakhs (consistent across all periods)
  • Reserves (excluding Revaluation Reserve): Negative ₹386.28 lakhs (previous year audited)
  • Number of Equity Shares: 40,13,100 shares of ₹10 each
  • Authorized Capital: 50,00,000 equity shares of ₹10 each (₹500.00 lakhs)

Balance Sheet Position as at 30th June, 2026 (₹ in Lakhs)

Assets:

  • Total Assets: ₹50.66
  • Financial Assets: ₹3.07 (Cash & Cash Equivalents: ₹0.67, Other financial assets: ₹2.40)
  • Non-Financial Assets: ₹47.59 (Deferred tax assets: ₹46.69, Other non-financial assets: ₹0.90)
  • Investments: Nil

Liabilities and Equity:

  • Equity Share Capital: ₹401.31
  • Other Equity: Negative ₹390.98
  • Non-Financial Liabilities: ₹10.33 (Deferred tax liabilities)
  • Financial Liabilities: ₹40.33 (Borrowings: ₹40.03, Other financial liabilities: ₹0.30)
  • Trade Payables: Nil

Detailed Balance Sheet Notes

Note 1 - Cash & Cash Equivalents:

  • Balances with banks in current accounts: ₹0.67 (30.06.2026) vs ₹0.68 (31.03.2026)

Note 2 - Other Financial Asset:

  • Current Asset: ₹2.40 (consistent both periods)

Note 3 - Deferred Tax Asset (Net):

  • ₹46.69 (consistent both periods)

Note 4 - Other Non-Financial Assets:

  • Non-Current Asset: ₹0.90 (consistent both periods)

Note 7 - Borrowings:

  • Loan from Director: ₹40.03 (30.06.2026) vs ₹39.73 (31.03.2026)

Note 8 - Other Financial Liabilities:

  • Auditors Remuneration Payable: ₹0.30
  • Rent Payable: Not specified amount

Business and Segment Information

The company is engaged in the Diamond Industry business and has only one reportable segment in accordance with IND AS 108 "Operating Segments".

Approval and Review Process

  • Financial results approved by Audit Committee and Board of Directors on 13th August, 2026
  • Board meeting commenced at 3:00 PM and concluded by 4:45 PM
  • Results subjected to limited review by statutory auditors A John Moris & Co (FRN No. 007220S)
  • Limited review conducted by S Murali Kannan, Partner (M. No: 211698)

Auditor's Review Conclusion

The independent auditor's review report issued pursuant to Regulation 52 of SEBI (LODR) Regulations, 2015 concluded that based on their review, nothing has come to their attention that causes them to believe that the financial results:

  • Have not disclosed required information per Listing Regulations
  • Contain any material misstatement
  • Have not been prepared in accordance with relevant prudential norms

Accounting Framework

  • Prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of Companies Act, 2013
  • Prepared following recognition and measurement principles of Indian Accounting Standard 34