Financial Performance (All amounts in ₹ Lakhs except per share data)
Quarter Ended June 30, 2026 (Unaudited):
- Revenue from Operations: ₹320.04
- Other Income: ₹54.49
- Total Revenue: ₹374.53
- Total Expenses: ₹496.13
- Cost of Materials Consumed: ₹231.63
- Change in Inventories of Finished Goods: ₹19.56
- Employee Benefit Expenses: ₹129.74
- Finance Cost: ₹24.62
- Depreciation: ₹2.00
- Other Expenditure: ₹88.58
- Loss before Tax: (₹121.60)
- Tax Expenses: ₹0.00
- Net Loss for the period: (₹121.60)
- Other Comprehensive Income: ₹0.00
- Total Comprehensive Income for the period: (₹121.60)
- Basic Earnings Per Share (EPS): (₹1.88)
- Diluted Earnings Per Share (EPS): (₹1.88)
- Paid-up Equity Share Capital (Face value ₹10/- each): ₹647.95
Comparative Figures:
- Quarter Ended March 31, 2026 (Audited): Net Profit ₹0.92 lakh, EPS ₹0.06
- Quarter Ended June 30, 2025 (Unaudited): Net Profit ₹15.15 lakh, EPS ₹0.23
- Year Ended March 31, 2026 (Audited): Net Profit ₹26.58 lakh, EPS ₹0.45
Key Notes to Financial Results
1. The financial results are prepared in accordance with Indian Accounting Standards (Ind AS) and have been reviewed by the statutory auditors, BSJ & Associates, as required under Regulation 33 and 52 of SEBI LODR.
2. The company's operations predominantly relate to processing and exporting marine products, with exports as the primary segment.
3. The Extraordinary General Meeting held on July 31, 2025, approved the sale of 180 cents of land with buildings at Sy. No. 11/19 Chamancheri Vengalam, Calicut, with the condition that the successful bidder must lease the building back to the company. The outcome of this transaction is pending bid completion, and the company's status as a going concern is based on this bid.
4. The company assessed possible effects of ongoing geopolitical conditions and concluded there is no significant impact on carrying amounts of Plant and Equipment, Inventories, Receivables, and Other Current Assets.
5. Workforce Restructuring: The company undertook a restructuring based on current and projected operational requirements, resulting in a reduction in employee strength. A total provision of ₹378.68 lakh was recognized during the quarter for the full settlement of all obligations linked to the retiring workforce.
6. Figures for previous periods have been re-grouped where necessary.
7. Investor Complaints: Opening Pending (Nil), Received (Nil), Disposed (Nil), Closing Pending (Nil).
Auditor's Review
The statutory auditor, BSJ & Associates, issued a limited review report confirming that nothing has come to their attention causing them to believe that the statement contains any material misstatement. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.
Additional Information
The financial results are available on the websites of NSE (www.nseindia.com), BSE (www.bseindia.com), and the company's website (www.uniroyalmarine.com).