Board Meeting Details

The Board of Directors meeting was held on August 6, 2026 to consider and approve the financial results. Time of commencement: 12:00 PM. Time of conclusion: 1:27 PM. The Audit Committee reviewed and recommended the results prior to board approval.

Financial Results Summary (Quarter ended June 30, 2026)

Income Statement (₹ in millions)

  • Revenue from operations: ₹521.46
  • Other income: ₹47.07
  • Total income: ₹568.53
  • Total expenses: ₹396.63
  • Cost of materials consumed: ₹113.38
  • Purchases of stock-in-trade: ₹54.61
  • Changes in inventories: (₹9.73)
  • Employee benefits expense: ₹64.22
  • Depreciation expense: ₹36.11
  • Finance costs: ₹0.05
  • Other expenses: ₹137.99
  • Profit before exceptional items and tax: ₹171.90
  • Exceptional items: ₹14.54 (related to New Labour Codes implementation)
  • Profit before tax: ₹171.90
  • Total tax expense: ₹45.47
  • Current tax: ₹45.85
  • Deferred tax: (₹0.38)
  • Profit for the period: ₹126.43
  • Total comprehensive income for the period: ₹126.83

Comparative Financial Data

| Particulars | Jun 30, 2026 | Mar 31, 2026 | Jun 30, 2025 | Mar 31, 2026 (Audited) |

| Revenue from operations | ₹521.46 | ₹532.45 | ₹527.75 | ₹2,089.49 |

| Other income | ₹47.07 | ₹49.93 | ₹48.09 | ₹191.45 |

| Total income | ₹568.53 | ₹582.38 | ₹575.84 | ₹2,280.94 |

| Total expenses | ₹396.63 | ₹447.91 | ₹407.67 | ₹1,677.59 |

| Profit before exceptional items | ₹171.90 | ₹134.47 | ₹168.17 | ₹603.35 |

| Exceptional items | ₹14.54 | - | - | ₹50.97 |

| Profit before tax | ₹171.90 | ₹119.93 | ₹168.17 | ₹552.38 |

| Total tax expense | ₹45.47 | ₹28.40 | ₹42.34 | ₹137.89 |

| Profit for period | ₹126.43 | ₹91.53 | ₹125.83 | ₹414.49 |

| Total comprehensive income | ₹126.83 | ₹94.43 | ₹125.58 | ₹434.26 |

Earnings Per Share

  • Basic EPS: ₹28.78 (not annualized)
  • Diluted EPS: ₹28.78 (not annualized)

Capital Structure

  • Paid-up equity share capital: ₹43.93 million (face value of ₹10 per share, fully paid-up)
  • Other equity: ₹4,193.13 million (as of March 31, 2026)

Exceptional Items Disclosure

The Company recognized an exceptional item of ₹14.54 million for the quarter ended June 30, 2026 (₹50.97 million for year ended March 31, 2026) due to the implementation of New Labour Codes by the Government of India effective November 21, 2025. This represents past service costs recognized immediately in the statement of profit and loss as required by Ind AS 19 for plan amendments arising from legislative changes.

Dividend Declaration

The Board of Directors recommended a final dividend of 100% (₹10 per equity share of face value ₹10 each) for the financial year ended March 31, 2026. The dividend payment is subject to approval by shareholders at the ensuing Annual General Meeting.

Segment Information

The Company operates in a single segment identified as "manufacturing and selling of felts." The Chief Operating Decision Maker reviews business performance at an overall company level, making segment-wise disclosures not applicable.

Subsidiary and Associate Status

As of June 30, 2026, the Company has no subsidiary, associate, or joint venture.

Auditor Review

Price Waterhouse Chartered Accountants LLP conducted a limited review of the financial results and issued an unmodified review conclusion. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI. The auditors confirmed that nothing came to their attention suggesting the results were not prepared in accordance with Ind AS 34 and SEBI Listing Regulations.