Bloom Industries has confirmed the dispatch of the notice for its 37th Annual General Meeting (AGM), scheduled for September 30, 2026. The company also announced the opening of a special window for the transfer and dematerialisation of physical securities.

The Board approved the re-appointment of Mr. Akash Gupta as Whole-time Director for five years, effective October 1, 2026. This follows the recommendation of the Nomination & Remuneration Committee.

Financial Performance

The company reported a net profit of ₹115.32 lakh for FY26, up from ₹49.41 lakh in FY25. Total income fell to ₹1,412.23 lakh from ₹2,356.26 lakh in the previous year.

The decline in operating income was offset by a significant rise in other income, which jumped to ₹135.49 lakh from ₹17.65 lakh. Other income primarily comprised surplus on sale of investments.

Key Resolutions Approved

The Board concluded its meeting on September 8, 2026, with several corporate governance resolutions:

• Re-appointment of KMP: Mr. Akash Gupta (DIN: 01326005) will serve as Whole-time Director from October 1, 2026, to September 30, 2031.
• Re-appointment of Director: Mr. Rajendra Prasad Gupta (DIN: 01325989) retires by rotation and has offered himself for re-appointment.
• Internal Auditor: M/s Santosh Agarwalla & Co. was appointed as Internal Auditor for FY27.
• Scrutinizer: Dr. Shubh Karan Jain of S.K. Jain & Co. was appointed as Scrutinizer for the AGM.

Special Window for Demat Transfer

In accordance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, a special window for transfer and dematerialisation of physical securities sold or purchased prior to April 1, 2019, is open for one year from February 5, 2026, till February 4, 2027.

Annual Report Dispatch

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company dispatched letters on September 10, 2026, to shareholders who have not registered their email addresses. These letters provide the web link to the complete Annual Report for FY26. The cut-off date for this communication is September 23, 2026.

The company reminded physical shareholders to update their KYC details, including PAN, bank account details, and nomination choices, as mandated by SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. Payments for folios without updated details will be made only through electronic mode from April 1, 2024.

AGM Details

• Date: Wednesday, September 30, 2026
• Time: 12:30 pm
• Mode: Video Conferencing / Other Audio-Visual Means (VC/OAVM)
• Book Closure: September 24, 2026, to September 30, 2026
• E-Voting Period: September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 11:30 am and concluded at 1:00 pm.

Bloom Industries reported a net profit of ₹20.45 lakh for the quarter ended June 30, 2026, compared to ₹13.34 lakh in the same period of the previous fiscal year. This represents a year-on-year increase of approximately 53% in profitability despite a significant contraction in top-line revenue.

Revenue from operations stood at ₹3.35 crore (₹334.53 lakh), down sharply from ₹5.55 crore (₹554.61 lakh) in Q1FY25. Total income for the quarter was also ₹3.35 crore, as other income remained nil. In contrast, the previous year’s quarter saw no other income contribution either.

Financial Performance Breakdown

The company’s cost structure adjusted in line with lower sales volumes. Purchase of stock-in-trade decreased to ₹2.71 crore (₹270.93 lakh) from ₹5.07 crore (₹507.28 lakh) in Q1FY25. Employee benefit expenses were contained at ₹3.20 lakh, down from ₹4.48 lakh year-on-year.

Finance costs rose slightly to ₹15.66 lakh from ₹12.64 lakh in the prior year quarter. Other expenses increased to ₹16.18 lakh from ₹11.69 lakh. Depreciation and amortisation remained stable at ₹0.71 lakh.

What the Numbers Show

The divergence between revenue decline and profit growth highlights improved cost efficiency or margin preservation in the iron and steel trading segment. While revenue contracted by nearly 40%, total expenses fell by a similar magnitude, allowing pre-tax profits to rise by over 56%. The absence of exceptional items or other income indicates that the profit improvement was driven entirely by operational performance relative to costs.

Tax expense for the quarter was ₹7.40 lakh (current tax ₹6.99 lakh + deferred tax ₹0.41 lakh), compared to ₹4.48 lakh in Q1FY25. The effective tax rate appears higher in absolute terms due to the smaller base, though proportional impact requires further analysis.

Corporate Governance & Audit

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026. Tibrewal Chand & Co., Chartered Accountants, conducted a limited review pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015. The firm issued a clean review report, stating nothing came to their attention suggesting material misstatement.

The company operates in a single segment — Iron & Steel Trading — and thus segment-wise disclosures are not furnished under Ind AS 108. Figures for the quarter ended March 31, 2026, are balancing figures between audited full-year data and unaudited year-to-date figures.

Akash Gupta, Whole Time Director, signed off on the results. The company’s registered office is located in Rourkela, Odisha.