Financial Results for Quarter Ended June 30, 2026

The Board approved the standalone unaudited financial results for the quarter ended June 30, 2026:

Income Statement (₹ in lakh):

  • Revenue from Operations: ₹945.74 (vs. ₹860.60 in Q1 FY26, +9.9% YoY)
  • Other Income: ₹143.95 (vs. ₹106.60 in Q1 FY26)
  • Total Income: ₹1,089.69 (vs. ₹967.20 in Q1 FY26, +12.7% YoY)
  • Total Expenses: ₹805.49 (vs. ₹849.50 in Q1 FY26)
  • Profit Before Tax: ₹284.20 (vs. ₹117.70 in Q1 FY26, +141.5% YoY)
  • Tax Expense: ₹70.86 (Current Tax: ₹70.87, Deferred Tax: ₹-0.01)
  • Profit After Tax: ₹213.34 (vs. ₹88.43 in Q1 FY26, +141.3% YoY)
  • Total Comprehensive Income: ₹215.78 (vs. ₹86.48 in Q1 FY26)
  • Earnings Per Share (₹10 face value): ₹1.47 (Basic and Diluted) (vs. ₹0.98 in Q1 FY26)

Balance Sheet Items:

  • Paid-up Equity Share Capital: ₹1,452.33 lakh (unchanged)
  • Other Equity: ₹11,621.58 lakh (as of March 31, 2026)

Acquisition Approval

The Board approved the acquisition of 70.28% equity shareholding in Brahm Lifestyle Products Private Limited (BLPPL), a company belonging to the Promoter Group of Virat Industries Limited.

Acquisition Details:

  • Target Company: Brahm Lifestyle Products Private Limited
  • Industry: Wellness, Lifestyle and others
  • Business: Integrated lifestyle ecosystem combining wellness, agriculture, lifestyle products, fitness, diagnostics, hospitality, real estate
  • Paid-up Share Capital: ₹14,88,00,000 (₹14.88 crore)
  • Turnover (FY 2025-26): ₹4,94,49,768 (₹4.94 crore)
  • Acquisition Percentage: 70.28% of equity share capital
  • Consideration: Cash payment of approximately ₹95,00,00,000 (₹95 crore)
  • Price per Share: ₹27 per equity share
  • Timeframe: Expected completion within 4 months, subject to approvals
  • Nature: Related Party Transaction (Target company owned by Brahm Precision Materials Private Limited, part of promoter group holding 93.27% stake)
  • Valuation: Determined based on valuation report, claimed to be at arm's length
  • Purpose: Strengthen strategic participation in BLPPL, support growth and expansion of existing operating businesses through organic and inorganic initiatives, enable pursuit of strategic domestic and international investment opportunities
  • Approvals Required: Shareholder approval and other applicable regulatory approvals
  • Incorporation Date: May 26, 2020
  • Geographic Presence: India and UAE

Historical Turnover of BLPPL:

  • FY 2025-26: ₹4,94,49,768
  • FY 2024-25: ₹5,62,62,200
  • FY 2023-24: ₹4,52,68,824

Governance Matters

The Board approved the Policy for Determining Material Subsidiaries of the Company in accordance with SEBI LODR Regulations. The policy is available on the company website at http://viratindustries.com/.

Auditor Review

The statutory auditors, B.K. Khare & Co. (Firm Reg No 105102W), issued an unmodified opinion on the limited review of the unaudited financial results for the quarter ended June 30, 2026. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.

Meeting Details

The Board meeting commenced at 4:20 PM and concluded at 5:10 PM on August 13, 2026.

Additional Information

The principal business of the company is manufacturing socks, with only one reportable business segment as per Ind AS 108.