Key Decisions Approved

1. Approval of Unaudited Financial Results: The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with limited review reports from statutory auditors B S R & Co. LLP.

2. Appointment of Chief Financial Officer: Mr. Rakesh Mishra was appointed as Chief Financial Officer (Key Managerial Personnel) effective September 1, 2026, pursuant to Section 203 of the Companies Act, 2013.

3. Appointment of Company Secretary & Compliance Officer: Ms. C V Kavviya was appointed as Whole-Time Company Secretary and Compliance Officer (Key Managerial Personnel) effective July 25, 2026. She continues her tenure previously appointed on an interim basis from March 25, 2026.

Financial Results - Standalone (₹ in lakhs)

| Particulars | Q1 FY27 (30.06.2026) | Q4 FY26 (31.03.2026) | Q1 FY26 (30.06.2025) | FY26 (31.03.2026) |

| Sale of Products | 90,652.91 | 99,428.08 | 83,347.55 | 3,52,188.45 |

| Sale/Rendering of Services | 12,827.85 | 13,139.44 | 12,350.73 | 50,580.00 |

| Other Operating Revenue | 690.40 | 712.25 | 624.93 | 2,779.48 |

| Total Revenue | 1,04,171.16 | 1,13,279.77 | 96,323.21 | 4,05,547.93 |

Financial Results - Consolidated (₹ in lakhs)

| Particulars | Q1 FY27 (30.06.2026) | Q4 FY26 (31.03.2026) | Q1 FY26 (30.06.2025) | FY26 (31.03.2026) |

| Revenue from Operations | 1,06,617.65 | 1,15,523.39 | 97,555.50 | 4,11,894.25 |

| Other Income | 3,562.64 | 4,157.69 | 6,659.88 | 18,318.96 |

| Total Income | 1,10,180.29 | 1,19,681.08 | 1,04,215.38 | 4,30,213.21 |

| Profit Before Tax | 14,005.17 | 19,657.89 | 16,415.18 | 69,311.84 |

| Tax Expense | 3,557.36 | 5,025.75 | 4,177.61 | 17,597.07 |

| Profit After Tax | 10,447.81 | 14,632.14 | 12,237.57 | 51,714.77 |

| Total Comprehensive Income | 10,430.74 | 13,878.43 | 12,219.23 | 51,207.85 |

Key Financial Metrics

  • Paid-up Equity Share Capital: ₹5,690.28 lakhs (post-bonus issue) compared to ₹948.38 lakhs in previous periods
  • Basic & Diluted EPS: ₹9.18 for Q1 FY27 compared to ₹10.75 for Q1 FY26 and ₹12.86 for Q4 FY26

Segment Information

The Company and Group operate in one segment: "automotive components and allied services."

Significant Notes

1. Bonus Share Issue: The Board recommended and shareholders approved via postal ballot (June 17, 2026) a bonus issue in 5:1 ratio. The company allotted 9,48,37,920 equity shares of ₹5 each on June 25, 2026, to eligible members as of record date June 24, 2026. All EPS figures have been adjusted retrospectively for this bonus issue.

2. Labour Code Impact: The Government notified four Labour Codes on November 21, 2025. This resulted in a one-time increase in provision for employee benefits of ₹793.51 lakhs, recognized as an exceptional item in FY26 results. The company continues to monitor regulatory developments.

3. Auditor Review: The financial results were reviewed by B S R & Co. LLP, who issued unqualified limited review reports dated July 24, 2026.

Meeting Details

The Board meeting commenced at 12:33 HRS and concluded at 13:32 HRS on July 24, 2026.