Board Approval and Review Process
The Board of Directors approved the unaudited financial results at a meeting held on 12th August, 2026, which commenced at 5:15 p.m. and concluded at 6:30 p.m. The results were previously reviewed by the Audit Committee. The statutory auditors, M/s. B S R & Co. LLP, Chartered Accountants, carried out a limited review of these results and issued an unmodified review conclusion. The filing is made pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Financial Performance (Quarter Ended 30 June 2026)
The company reported a net loss of ₹118.97 lakhs for the quarter, compared to a net loss of ₹73.61 lakhs for the quarter ended 30 June 2025.
- Total Income: ₹16.46 lakhs
- Total Expenses: ₹135.43 lakhs
- Employee benefits expense: ₹50.31 lakhs
- Finance costs: ₹0.00 lakhs
- Depreciation and amortisation: ₹15.51 lakhs
- Other expenses: ₹69.61 lakhs
- Loss before tax: ₹118.97 lakhs
- Tax expense: ₹0.00 lakhs (Current tax: ₹0.00, Deferred tax: ₹0.00, Prior period tax: ₹0.00)
- Net Loss for the period: ₹118.97 lakhs
- Other Comprehensive Loss: ₹(97.35) lakhs (net of tax)
- Total Comprehensive Loss: ₹(90.57) lakhs
Dividend Declaration
The Board had recommended a final dividend of ₹3.50 per equity share (175%) on equity shares of face value of ₹2 each for the financial year 2025-26. This is a significant increase from the previous year's dividend of ₹0.50 per share (25%). The dividend was approved by shareholders at the Annual General Meeting held on 7 August, 2026, and was distributed in the subsequent period.
Segment Information
The company operates in a single business segment: Trading.
- Segment Revenue (Qtr ended Mar 2026): ₹2,614.47 lakhs
- Segment Results (Qtr ended Mar 2026): Profit of ₹20.15 lakhs
- Segment Assets (As of 30 Jun 2026): ₹0.00 lakhs (Trading), ₹2,60,638.41 lakhs (Unallocated)
- Segment Liabilities (As of 30 Jun 2026): ₹0.00 lakhs (Trading), ₹14,676.33 lakhs (Unallocated)
Notes to Financial Results
1. The figures for the quarter ended 31 March 2026 are balancing figures between the audited full-year figures and the reviewed year-to-date figures up to the third quarter of FY26.
2. The company is engaged solely in trading business in India.
3. During the quarter, the company recognized deferred taxes of ₹97.35 lakhs relating to temporary differences on investments.
4. The company does not have any subsidiary, joint venture, or associate company, making consolidated financial statements inapplicable.
Capital Structure
The paid-up equity share capital remained unchanged at ₹1,390.92 lakhs (face value ₹2 per share).