Financial Results Approval

The Board approved the following financial documents for the quarter and half year ended September 30, 2026:

  • Unaudited Financial Results (Standalone & Consolidated)
  • Balance Sheet and Cash flows
  • Limited Review Reports (Standalone & Consolidated)

Standalone Financial Performance (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹4,025.32 lakhs
  • Other income: ₹116.22 lakhs
  • Total revenue: ₹4,141.50 lakhs
  • Profit before tax: ₹934.09 lakhs
  • Profit after tax: ₹683.95 lakhs
  • EPS: ₹15.20 (not annualized)

Standalone Financial Performance (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹7,931.93 lakhs
  • Other income: ₹223.21 lakhs
  • Total revenue: ₹8,155.14 lakhs
  • Profit before tax: ₹1,951.28 lakhs
  • Profit after tax: ₹1,430.18 lakhs
  • EPS: ₹31.78 (not annualized)

Consolidated Financial Performance (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹4,417.51 lakhs
  • Other income: ₹123.75 lakhs
  • Total revenue: ₹4,541.26 lakhs
  • Profit before tax: ₹987.64 lakhs
  • Profit after tax: ₹712.05 lakhs
  • EPS: ₹15.82 (not annualized)

Consolidated Financial Performance (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹8,765.03 lakhs
  • Other income: ₹235.04 lakhs
  • Total revenue: ₹9,000.97 lakhs
  • Profit before tax: ₹2,038.30 lakhs
  • Profit after tax: ₹1,479.84 lakhs
  • EPS: ₹32.89 (not annualized)

Director Resignations

1. Mr. V G Srinivas (DIN: 00181826)

  • Position: Non-Executive Director and Chairman
  • Resignation date: September 7, 2026
  • Effective date: September 7, 2026
  • Reason: Personal decision citing limited involvement in company affairs
  • No directorships in other listed entities

2. Mr. Ramesh Kumar Nimmaggadda (DIN: 10506458)

  • Position: Independent Director
  • Appointment date: May 30, 2026
  • Resignation date: November 10, 2026
  • Effective date: November 11, 2026
  • Reason: Need to focus on primary role as Director General of Administrative Staff College of India
  • Other directorships: TAJ GVK Hotels and Resorts Limited (Independent Director), Prasaditya ARC Limited (Independent Director)
  • Committee memberships: Chairman of ACM, Member of Executive, CSR and NRC committees in Prasaditya ARC Limited
  • Confirmation of no other material reasons for resignation

Committee Reconstitution

Effective November 11, 2026:

Corporate Social Responsibility Committee

  • Chairperson: Mrs. Uma Devi U (Non-executive and Non-Independent Director)
  • Members: Prof. Sunaina Singh (Independent Director), Mr. Vidya Sagar G (Independent Director)

Stakeholder Relationship Committee

  • Chairperson: Mr. Manish Mohan Motwani (Independent Director)
  • Members: Dr. Suresh Akella (Independent Director), Mr. Sri Krishna U (WTD - MD & CEO)

Auditor Review

Statutory auditors Brahmayya & Co. issued unmodified limited review reports for both standalone and consolidated financial results, confirming compliance with Indian Accounting Standards and SEBI regulations.

Subsidiaries Included in Consolidation

  • Adan Holdings Limited (wholly owned subsidiary)
  • Adan Limited (step-down subsidiary)

Meeting Details

  • Commenced: 11:45 AM (IST)
  • Concluded: 14:20 PM (IST)

Financial Impact

All financial impacts are quantified in the financial results. The director resignations and committee reconstitutions have governance implications but no immediate quantified financial impact disclosed.