Bhartiya International has confirmed the schedule for its 39th Annual General Meeting (AGM), set for September 28, 2026. The meeting will be held via video conferencing to approve a significant increase in borrowing powers and other governance matters.

Borrowing Powers Enhanced

The Board seeks shareholder approval to increase the company’s borrowing limit from ₹700 crore to ₹1,200 crore. This enhancement aims to support business expansion, working capital requirements, and capital expenditure plans.

Shareholders will also be asked to authorize the creation of mortgages and charges on company assets to secure these borrowings. The existing borrowing limit was approved in September 2014.

Director Appointments and Reappointments

Several director-related resolutions are on the agenda:

• Mr. Snehdeep Aggarwal retires by rotation and offers himself for reappointment as Non-Executive Chairman.
• The Board recommends continuing Mr. Deepak Bhojani’s directorship beyond the age of 75 years.
• Mr. Deepak Bhojani, Mr. Navkiran Singh Ghei, and Mr. Vivek Kapur seek reappointment as Independent Directors for a second five-year term starting August 11, 2027.

Consultant Appointment

The company proposes engaging Mr. Robert Burton Moore Jr. as a consultant for sales advisory and marketing. His professional fees are capped at USD 135,000 for the period from July 1, 2026, to March 31, 2027. This amount represents approximately 0.095% of the company’s annual consolidated turnover.

Meeting Logistics and Book Closure

The AGM is scheduled for September 28, 2026, at 11:00 am IST. The cut-off date for determining eligible members is September 21, 2026. The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026.

Remote e-voting will be available from September 25, 2026, at 9:00 am until September 27, 2026, at 5:00 pm. The deemed venue of the meeting is the company’s registered office in Chennai.

Bhartiya International Limited reported a significant improvement in profitability for the first quarter of FY27, with standalone net profit rising 51% year-on-year to ₹153.3 million. The company’s revenue from operations grew 25% to ₹3,060.0 million, reflecting stronger sales performance in its fashion apparels and accessories segment.

On a consolidated basis, the group recorded a net profit attributable to owners of ₹177.6 million, a sharp recovery from a loss of ₹87.8 million in the corresponding quarter of FY26 and a substantial improvement over the Q4FY26 loss of ₹87.8 million. Total consolidated revenue reached ₹3,728.0 million, up 33% compared to ₹2,800.0 million in Q1FY26.

Financial Performance

The company’s financial results for the quarter ended June 30, 2026, highlight robust top-line growth alongside margin expansion. Key metrics from the board presentation indicate that consolidated EBITDA increased by 35% to ₹37.9 crore (₹379.2 million), while Profit Before Tax (PBT) surged 119% to ₹21.8 crore (₹218.0 million).

Standalone earnings per share (basic) stood at ₹11.43, compared to ₹7.82 in the previous year’s quarter. Consolidated basic EPS was ₹13.21, a notable turnaround from a negative EPS of ₹6.63 in Q4FY26 and ₹4.26 in Q1FY26.

What the Numbers Show

A key driver of the consolidated profit surge was the reversal in the contribution from associates. In Q1FY27, the share of net profit from associates contributed ₹12.4 million to the bottom line, whereas the same line item had dragged down profits by ₹12.5 million in Q1FY26. This swing, combined with a 33% growth in operational revenue, underscores improved efficiency across the group structure.

Additionally, while total expenses rose 24% on a standalone basis, they lagged behind the 25% revenue growth, indicating slight operating leverage. Finance costs remained relatively stable at ₹117.4 million, down slightly from ₹113.3 million in the prior year quarter, suggesting controlled borrowing costs despite expansion. The consolidated EBITDA margin expanded marginally to 10.12% from 9.97% in the previous year, signaling better cost management relative to top-line growth.

Board Approvals and Governance

During its meeting on August 13, 2026, the Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved several governance-related resolutions subject to shareholder approval at the ensuing Annual General Meeting (AGM):

• Continuation of Mr. Deepak Bhojwani as a Non-Executive Director beyond the age of 75 years, effective January 26, 2027.
• Re-appointment of Mr. Deepak Bhojwani, Mr. Navkiran Singh Ghei, and Mr. Vivek Kapur as Independent Directors for their second terms, effective August 11, 2027.

The financial results were reviewed by the Audit Committee and subsequently approved by the Board. Statutory auditors A S Poddar & Associates conducted a limited review of the interim financial information in accordance with Standard on Review Engagements (SRE) 2410.

Regulatory Disclosures

Bhartiya International Limited submitted the newspaper publication of its unaudited financial results to the National Stock Exchange of India Ltd and BSE Limited on August 14, 2026. The results were published in multiple editions of Mint across Chennai, New Delhi, Ahmedabad, Bengaluru, Hyderabad, Kolkata, and Mumbai, as well as in Makkal Kural (Tamil, Chennai edition). The detailed format of the results is available on the company’s website and the respective stock exchange portals under Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.