Board Meeting Details

The Board of Directors meeting was held on 30th October 2026, commencing at 03:00 PM and concluding at 05:00 PM. The board approved the Unaudited Standalone Financial Results for the quarter ended 30th September 2026.

Financial Results Overview

Quarter Ended September 30, 2026 (Unaudited):

  • Revenue From Operations: ₹375.20 crore
  • Other Income: ₹1.76 crore
  • Total Income: ₹376.96 crore
  • Total Expenses: ₹360.51 crore
  • Profit Before Tax: ₹16.45 crore
  • Tax Expense: ₹4.17 crore (Current Tax: ₹4.86 crore, Deferred Tax: ₹(0.69) crore)
  • Net Profit After Tax: ₹12.28 crore
  • Other Comprehensive Income: ₹0.12 crore (net of tax)
  • Total Comprehensive Income: ₹12.40 crore
  • Basic EPS: ₹142.35
  • Diluted EPS: ₹142.35

Comparative Quarterly Performance:

  • June 30, 2026: Net Profit ₹23.30 crore on Revenue ₹703.66 crore
  • September 30, 2025: Net Profit ₹10.69 crore on Revenue ₹264.39 crore

Half-Year Ended September 30, 2026 (Unaudited):

  • Revenue From Operations: ₹1,078.86 crore
  • Other Income: ₹3.06 crore
  • Total Income: ₹1,081.92 crore
  • Total Expenses: ₹1,034.31 crore
  • Profit Before Tax: ₹47.61 crore
  • Tax Expense: ₹12.03 crore (Current Tax: ₹13.29 crore, Deferred Tax: ₹(1.26) crore)
  • Net Profit After Tax: ₹35.58 crore
  • Other Comprehensive Income: ₹0.18 crore (net of tax)
  • Total Comprehensive Income: ₹35.76 crore
  • Basic EPS: ₹412.44
  • Diluted EPS: ₹412.44

Comparative Half-Year Performance:

  • September 30, 2025: Net Profit ₹30.79 crore on Revenue ₹781.09 crore
  • March 31, 2026 (Audited): Net Profit ₹10.45 crore on Revenue ₹1,217.28 crore

Balance Sheet Position (as at September 30, 2026)

Assets:

  • Total Assets: ₹400.63 crore (vs. ₹349.14 crore as at March 31, 2026)
  • Non-current Assets: ₹188.24 crore (Property, Plant and Equipment: ₹152.02 crore)
  • Current Assets: ₹212.39 crore (Inventories: ₹37.68 crore, Trade Receivables: ₹78.44 crore, Cash and Cash Equivalents: ₹14.51 crore)

Equity and Liabilities:

  • Equity Share Capital: ₹0.86 crore (unchanged)
  • Other Equity: ₹67.85 crore (vs. ₹32.23 crore as at March 31, 2026)
  • Total Equity: ₹68.71 crore (vs. ₹33.09 crore)
  • Non-current Liabilities: ₹61.33 crore (Borrowings: ₹60.89 crore)
  • Current Liabilities: ₹270.59 crore (Borrowings: ₹19.76 crore, Trade Payables: ₹80.34 crore)

Cash Flow Statement (Half-Year Ended September 30, 2026)

  • Net Cash Generated from Operating Activities: ₹80.59 crore
  • Net Cash Used in Investing Activities: ₹93.05 crore
  • Net Cash Generated from Financing Activities: ₹15.91 crore
  • Net Increase in Cash and Cash Equivalents: ₹3.48 crore
  • Cash and Cash Equivalents at end of period: ₹14.51 crore

Auditor Review

Walker Chandiok & Co LLP conducted a limited review of the financial results and issued an unmodified review report dated 30th October 2026. The review was conducted in accordance with SRE 2410 and concluded that nothing came to their attention causing them to believe that the statement contains any material misstatement.

Additional Notes

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on October 30, 2026.

2. The company operates primarily in the Food segment as determined under IND AS 108.

3. Shareholders approved a supply agreement with Vadilal Industries Limited for the period from November 1, 2026 to October 31, 2027, replacing the agreement that expired on September 30, 2026.