Key Quantitative Figures (Unaudited)

For the Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹95,299 lakhs (₹952.99 crore)
  • Total Income: ₹95,567 lakhs (₹955.67 crore)
  • Total Expenses: ₹97,637 lakhs (₹976.37 crore)
  • Loss Before Tax: ₹(2,070) lakhs (₹(20.70) crore)
  • Loss for the Period/Net Loss: ₹(1,634) lakhs (₹(16.34) crore)
  • Basic Earnings Per Share (EPS): ₹(2.06)
  • Diluted EPS: ₹(2.06)
  • EBITDA: ₹8,606 lakhs (₹86.06 crore)

For the Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹2,04,180 lakhs (₹2,041.80 crore)
  • Total Income: ₹2,04,713 lakhs (₹2,047.13 crore)
  • Profit Before Tax: ₹3,882 lakhs (₹38.82 crore)
  • Profit for the Period/Net Profit: ₹3,087 lakhs (₹30.87 crore)
  • Basic EPS: ₹3.88
  • Diluted EPS: ₹3.87
  • EBITDA: ₹24,670 lakhs (₹246.70 crore)

Comparative Figures (Quarter Ended June 30, 2026 - Q1 FY27):

  • Revenue from Operations: ₹1,08,881 lakhs (₹1,088.81 crore)
  • Profit for the Period/Net Profit: ₹4,721 lakhs (₹47.21 crore)
  • Basic EPS: ₹5.94

Balance Sheet Highlights (as of September 30, 2026):

  • Total Assets: ₹3,08,062 lakhs (₹3,080.62 crore)
  • Total Equity: ₹97,880 lakhs (₹978.80 crore)
  • Paid-up Equity Share Capital: ₹7,958 lakhs (₹79.58 crore)
  • Borrowings (Current): ₹18,995 lakhs (₹189.95 crore)

Dates of Action

  • Board Meeting: November 3, 2026 (commenced at 1:15 PM, concluded at 4:40 PM)
  • Appointment Effective Date: November 3, 2026
  • Financial Period: Quarter and Half Year ended September 30, 2026

Parties Involved

  • Statutory Auditors: S.R. Batliboi & Co. LLP
  • New Appointee: Mr. Varin Agarwal (Head - Merchandising)
  • Promoter Group Members for Reclassification: Raghav Agarwal and Ditya Agarwal
  • Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
  • Compliance Officer: Megha Tandon, Company Secretary

Purpose/Rationale

  • To report the unaudited financial results for the specified period as a regulatory requirement.
  • To formalize the appointment of a key managerial personnel to lead the merchandising function.
  • To process a request for shareholding reclassification based on eligibility under SEBI regulations.

Financial/Operational Impact

  • The financial impact of the reported quarterly loss is quantified in the results.
  • The appointment is expected to impact the company's merchandising strategy and operations.
  • The reclassification of promoter group members to public category has no immediate financial impact as their shareholding is 0%.

Capital Structure Impact

  • The reclassification request, if approved, will change the classification of two entities from 'Promoter Group' to 'Public' in the shareholding pattern, though their holding is nil (0 shares, 0%).
  • The paid-up equity share capital increased marginally from ₹7,946 lakhs (March 31, 2026) to ₹7,958 lakhs (September 30, 2026).

Notes to Financial Results

  • The financial results are prepared in accordance with Ind AS.
  • 27,388 equity shares were allotted in Q2 FY27 pursuant to the exercise of employee stock options under the ESOP Scheme 2020 and 2012.
  • The company has no subsidiaries, associates, or joint ventures.
  • An exceptional loss of ₹119 lakhs was recorded in FY2026 related to the impact of new Labour Codes.
  • A final dividend of ₹1 per share (₹795 lakhs total) for FY2026 was paid.