The financial results have been reviewed by the statutory auditor, BSJ & Associates, and a limited review report has been issued pursuant to Regulation 33 and 52 of the SEBI LODR Regulations.

Financial Performance (Amounts in ₹ Lakhs)

Revenue:

  • Revenue from operations for Q1 FY27 was ₹320.04 lakhs, a decrease from ₹456.36 lakhs in Q1 FY26 and ₹1,408.50 lakhs in Q4 FY26.
  • Other income was ₹54.49 lakhs, compared to ₹34.36 lakhs in Q1 FY26 and ₹8.85 lakhs in Q4 FY26.
  • Total revenue was ₹374.53 lakhs.

Expenses:

  • Cost of materials consumed was ₹231.63 lakhs.
  • Change in inventories of finished goods was ₹19.56 lakhs.
  • Employee benefit expenses were ₹129.74 lakhs.
  • Finance cost was ₹24.62 lakhs.
  • Depreciation was ₹2.00 lakhs.
  • Other expenditure was ₹88.58 lakhs.
  • Total expenses were ₹496.13 lakhs.

Profit/Loss:

  • Loss before exceptional items and tax was ₹(121.60) lakhs, a decline from a profit of ₹15.15 lakhs in Q1 FY26.
  • There were no exceptional items.
  • Loss before tax was ₹(121.60) lakhs.
  • Tax expense for the quarter was nil. A prior year tax amount of ₹2.34 lakhs is noted in the annual audited column for FY26.
  • Net loss for the period was ₹(121.60) lakhs.
  • Other Comprehensive Income was nil for the quarter.
  • Total Comprehensive Income for the period was a loss of ₹(121.60) lakhs.

Per Share Data:

  • Basic and diluted earnings per share (EPS) were ₹(1.88) for the quarter, based on a paid-up equity share capital of ₹647.95 lakhs (face value ₹10 each).

Notes to the Financial Results

  • The financial results are prepared in accordance with Indian Accounting Standards (Ind AS).
  • The company's operations relate predominantly to the processing and exporting of marine products, with exports disclosed as the primary segment. Local turnover is not significant.
  • The going concern of the company is based on the pending outcome of a sale and leaseback transaction for its land and building. Shareholders approved the sale of 180 cents of land with a building in Sy. No. 11/19 Chamancheri Vengalam, Calicut, at an EGM on July 31, 2025. The transaction stipulates that the successful bidder must lease the building back to the company.
  • The company has assessed possible effects from geopolitical conditions and concluded there is no significant impact on the carrying amounts or recoverability of Property, Plant & Equipment, Inventories, Receivables, and Other Current Assets.
  • The company undertook a workforce restructuring, resulting in a reduction of employees. A total provision of ₹378.68 lakhs was recognized during the quarter for the full settlement of all obligations linked to the retiring workforce.
  • Figures for previous periods have been re-grouped wherever necessary. The figures for the last quarter (Q4) of a financial year are the balancing figures between the audited annual figures and the published results for the first three quarters.

Investor Complaints

  • Opening Pending: Nil
  • Received: Nil
  • Disposed: Nil
  • Closing Pending: Nil

The results are available on the websites of the NSE (www.nseindia.com), BSE (www.bseindia.com), and the company (www.uniroyalmarine.com).

Auditor's Limited Review Report

  • The statutory auditor, BSJ & Associates (Firm Registration No. 010560S), issued a limited review report dated August 13, 2026.
  • The report states that based on their review, nothing has come to their attention that causes them to believe the statement contains any material misstatement and that it has been prepared in accordance with the required regulations and accounting standards.
  • The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by the ICAI.