Intimation of Resignation of CEO
Newspaper Publication of Financial results for the quarter and year ended 31.03.2026
Please find attached financial results for the quarter ended and annual ended 31.03.2026
The Board of Directors of the Company, at their meeting held today, have inter alia approved the audited Standalone and Consolidated Financial Results of the company for the quarter and year ended March 31, 2026
and take on record the Audited Standalone and Consolidated Financial Results of the company under (IND AS) for the financial year ended 31st March 2026.
Certificate under Reg.74(5) SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2026.
I have attached the Scrutinizer's report for the postal ballot
Trading window for dealing in securities of the company for all the designated persons, insider and their immediate relatives shall remain closed from 1st April 2026 till the conclusion of 48 hours after the declaration of Financial Results for fourth quarter ending 31st March 2026.
Newspaper Advertisement of Postal Ballot Notice
Regulation 30 - Disclosure of events or information under SEBI(LODR) Regulations, 2015 - Postal Ballot Notice
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 286.68 | 247.57 | 204.17 | 200.76 | 196.08 | 185.28 | 155.07 | 145.72 | 135.42 | 106.54 | 105.38 | 81.84 |
| YOY Revenue Growth % | -40.28% | -43.47% | -28.44% | -39.16% | -31.6% | -25.16% | -24.05% | -27.41% | -30.94% | -42.5% | -32.04% | -43.84% |
| Other Income | 7.95 | 5.61 | 19.43 | 40.84 | 4.97 | 15.44 | 3.63 | 0.34 | 1.19 | 8.67 | 2.04 | 3.07 |
| Total Income | 294.63 | 253.18 | 223.60 | 241.60 | 201.05 | 200.71 | 158.70 | 146.07 | 136.61 | 115.21 | 107.42 | 84.91 |
| Total Expenses + | 316.19 | 273.10 | 235.98 | 247.11 | 226.96 | 242.87 | 193.91 | 181.97 | 172.10 | 129.31 | 120.05 | 94.86 |
| Cost of Materials Consumed | 176.89 | 142.22 | 114.82 | 90.55 | 91.68 | 81.82 | 78.04 | 70.92 | 55.17 | 18.70 | 40.73 | 39.61 |
| Employee Benefit Expense | 42.25 | 43.92 | 38.20 | 32.61 | 33.65 | 28.61 | 29.70 | 27.40 | 26.65 | 24.22 | 21.96 | 14.83 |
| Other Expenses | 65.15 | 56.59 | 56.68 | 55.90 | 53.77 | 43.86 | 44.01 | 56.34 | 41.41 | 35.37 | 27.93 | 23.19 |
| Operating Profit | -29.51 | -25.53 | -31.81 | -46.35 | -30.88 | -57.59 | -38.84 | -36.25 | -36.68 | -22.77 | -14.67 | -13.02 |
| OPM % | -10.3% | -10.3% | -15.6% | -23.1% | -15.7% | -31.1% | -25% | -24.9% | -27.1% | -21.4% | -13.9% | -15.9% |
| Profit Before Tax + | -21.56 | -19.91 | -12.38 | -5.51 | -25.91 | -49.63 | -35.21 | 27.75 | -30.92 | -13.59 | -8.87 | -22.51 |
| Tax Expense | -7.45 | -6.78 | -5.32 | 3.13 | -6.89 | -1.05 | -7.38 | -13.00 | -5.78 | -3.93 | 5.29 | -5.23 |
| Tax % | - | - | - | - | - | - | - | -46.8% | - | - | - | - |
| Profit After Tax | -14.11 | -13.14 | -7.06 | -8.64 | -19.02 | -48.58 | -27.84 | 40.75 | -25.14 | -9.66 | -14.16 | -17.28 |
| EPS (Basic) | -29.29 | -27.28 | -14.66 | -17.94 | -39.49 | -100.86 | -57.79 | 84.61 | -52.19 | -20.05 | -29.38 | -35.87 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 421.95 | 682.15 | 939.19 | 1,402.89 | 1,767.43 | 1,121.80 |
| YOY Revenue Growth % | -38.14% | -27.37% | -33.05% | -20.63% | 57.55% | - |
| Other Income | 14.80 | 12.69 | 73.83 | 36.68 | 4.08 | 3.05 |
| Total Income | 436.75 | 694.85 | 1,013.02 | 1,439.57 | 1,771.51 | 1,124.85 |
| Total Expenses + | 493.66 | 845.71 | 1,072.38 | 1,441.02 | 1,640.06 | 1,091.86 |
| Cost of Materials Consumed | 171.86 | 322.46 | 524.48 | 940.62 | 1,131.31 | 623.12 |
| Employee Benefit Expense | 86.11 | 119.36 | 156.98 | 176.51 | 163.72 | 129.13 |
| Other Expenses | 115.89 | 197.97 | 234.33 | 305.03 | 332.08 | 233.01 |
| Operating Profit | -71.71 | -163.56 | -133.19 | -38.12 | 127.37 | 29.94 |
| OPM % | -17% | -24% | -14.2% | -2.7% | 7.2% | 2.7% |
| Profit Before Exceptional | -56.91 | -150.86 | -59.36 | -1.45 | 131.45 | 32.99 |
| Exceptional Items | -3.72 | 67.86 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | -60.63 | -83.00 | -59.36 | -1.45 | 131.45 | 32.99 |
| Tax Expense | 5.59 | -28.32 | -16.41 | -2.68 | 40.19 | 5.47 |
| Tax % | - | - | - | - | 30.6% | 16.6% |
| Profit After Tax | -66.22 | -54.68 | -42.95 | 1.23 | 91.26 | 27.52 |
| EPS (Basic) | -137.49 | -113.54 | -89.17 | 2.56 | 189.48 | 57.13 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 203.61 | 311.88 | 366.42 | 374.64 | 316.66 | 327.78 |
| Property, Plant & Equipment | 139.81 | 254.17 | 331.33 | 327.56 | 298.72 | 315.37 |
| Capital Work in Progress | 0.67 | 0.05 | 0.00 | 3.10 | 4.40 | 2.01 |
| Non-Current Investments | 0.00 | 1.99 | 1.99 | 1.98 | 2.26 | 2.30 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.36 | 0.48 | 0.61 | 0.52 | 0.29 | 0.48 |
| Current Assets + | 271.80 | 475.48 | 721.03 | 893.17 | 949.04 | 653.30 |
| Inventories | 105.21 | 208.54 | 415.59 | 521.62 | 446.54 | 258.44 |
| Trade Receivables | 63.73 | 135.30 | 158.49 | 205.70 | 302.90 | 224.08 |
| Cash and Cash Equivalents | 0.52 | 0.23 | 1.13 | 3.45 | 5.63 | 3.87 |
| Current Investments | 0.00 | 0.00 | 0.02 | 0.02 | 0.24 | 0.24 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 168.43 | 234.98 | 290.59 | 333.21 | 337.03 | 249.40 |
| Equity Share Capital | 4.82 | 4.82 | 4.82 | 4.82 | 4.82 | 4.82 |
| Other Equity | 163.61 | 230.17 | 285.77 | 328.39 | 332.21 | 244.58 |
| Non-Current Liabilities | 2.11 | 1.16 | 1.59 | 13.67 | 15.66 | 30.17 |
| Current Liabilities | 319.45 | 571.55 | 795.27 | 920.92 | 913.01 | 701.51 |
| Total Liabilities | 321.56 | 572.71 | 796.86 | 934.60 | 928.67 | 731.68 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | 88.57 | 147.98 | 106.45 | 65.76 | 109.19 | 100.54 |
| Cash from Investing Activities | 141.44 | 109.67 | -15.78 | -77.94 | -21.21 | -10.81 |
| Cash from Financing Activities | -229.72 | -258.62 | -92.99 | 10.01 | -86.22 | -87.38 |
| Net Increase/Decrease in Cash | 0.29 | -0.97 | -2.32 | -2.18 | 1.76 | 2.35 |