Board Meeting Details

The Board of Directors meeting was held on Friday, 31st July, 2026 at 03:00 P.M. through video conferencing. The meeting commenced at 03:00 P.M. and concluded at 04:00 P.M.

Business Transacted

1. Approved the Un-audited Financial Results of the company for the Quarter ended 30th June, 2026 along with limited review report.

2. Approved Board's Report and its Annexure along with Report on Corporate Governance and Management Discussion and Analysis Report for the year ended on 31st March, 2026.

3. Approved notice of 34th Annual General Meeting of the Company to be held on Wednesday, 30th September, 2026 at 03:00 P.M. through Video Conferencing/Other Audio Video Means.

4. Register of Members and Share transfer Books of Company shall remain closed from Wednesday, 23rd September, 2026 to Wednesday, 30th September, 2026 (both days inclusive) for 34th Annual General Meeting.

5. Board fixed the cut-off for e-voting as Tuesday, 22nd September, 2026. E-voting will commence from Sunday, 27th September, 2026 at 09:00 a.m. and end on Tuesday, 29th September, 2026 at 05:00 p.m.

6. Appointment of Ms. Vishakha Agrawal, Practising Company Secretary, as Scrutinizer for the process of remote E-voting as well as voting at 34th Annual General Meeting.

7. Taken on record the Secretarial Audit Report for the Financial Year 2025-26.

8. Redesignation of Mr. Heman Navnit Vasa (DIN: 00150717), Whole-time Director, as the Managing Director of the Company, subject to the approval of the shareholders at the ensuing AGM.

Financial Results for Quarter Ended June 30, 2026

Income Statement Highlights (Amounts in ₹ lakh, unless specified)

  • Total Revenue: ₹1867.97
  • Other Income: ₹14.00
  • Total Expenses: ₹1719.38
  • Cost of materials consumed: ₹973.90
  • Employee benefits expenses: ₹216.56
  • Finance costs: ₹54.11
  • Depreciation and amortisation expense: ₹95.85
  • Other expenses: ₹203.64
  • Changes in inventories: ₹-8.53 (negative)
  • Purchase of Stock-in-trade: ₹0.00
  • Profit before tax: ₹148.59
  • Tax Expenses: ₹37.15
  • Current tax: ₹37.15
  • Deferred tax: ₹0.81
  • Profit for the period: ₹110.63
  • Other Comprehensive Income: Not specified
  • Total Comprehensive Income: ₹110.63

Capital Structure and Per Share Data

  • Paid-up equity share capital: ₹548.50 (Face value: ₹10 per share)
  • Earnings per equity share (Basic): ₹2.02
  • Earnings per equity share (Diluted): ₹2.02

Comparative Figures

Quarter Ended June 30, 2025 (Previous Year)

  • Total Revenue: ₹1485.63
  • Profit before tax: ₹11.05
  • Profit for the period: ₹-21.82 (loss)
  • EPS (Basic): ₹-0.40
  • EPS (Diluted): ₹-0.40

Quarter Ended March 31, 2026 (Previous Quarter)

  • Total Revenue: ₹1717.17
  • Profit before tax: ₹150.46
  • Profit for the period: ₹112.24
  • EPS (Basic): ₹2.05
  • EPS (Diluted): ₹2.05

Year Ended March 31, 2026 (Annual)

  • Total Revenue: ₹5920.46
  • Profit before tax: ₹-113.07 (loss)
  • Profit for the period: Not clearly specified
  • EPS (Basic): ₹1.55
  • EPS (Diluted): ₹1.55

Certification and Compliance

1. CFO certified that the financial results do not contain any false or misleading statement or figures and do not omit any material fact.

2. Results were reviewed by the Audit Committee and approved at the Board meeting held on 31st July, 2026.

3. Comparative previous period results prepared in accordance with Ind AS 34 on Interim Financial Reporting.

4. Management exercised necessary due diligence to ensure financial results provide true and fair view.

Auditor's Review Report

Ashok P Patel & Co, Chartered Accountants (Firm Registration No. 112843W) issued an independent review report. CA Adhish Patel (Partner, Membership No. 169860) concluded that nothing has come to their attention that causes them to believe that the interim financial information contains any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.