Clara Industries Limited reported a ₹23.17 lakh net profit for the quarter ended June 30, 2026, marking a 13.5% decline from the ₹26.80 lakh posted in the corresponding period of FY25. Revenue from operations surged 122.4% year-on-year to ₹404.09 lakh, driven by higher operational activity compared to the previous year’s ₹181.67 lakh.

The company’s Board of Directors approved the unaudited standalone financial results during a meeting held on September 17, 2026. The figures were reviewed by Jay Gupta & Associates, Chartered Accountants, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue growth was accompanied by a significant rise in cost of materials consumed, which increased to ₹493.40 lakh from ₹256.84 lakh in Q1FY25. However, changes in inventories provided a partial offset, reducing total expenses to ₹370.51 lakh against income of ₹404.09 lakh. This resulted in a profit before tax of ₹33.58 lakh, down from ₹35.88 lakh in the prior year quarter.

Tax expense for the quarter stood at ₹10.41 lakh, comprising ₹9.43 lakh in current tax and ₹0.98 lakh in deferred tax. The basic earnings per share (EPS) were ₹0.09, compared to ₹0.13 in Q1FY25.

Year-to-Date Context

For the nine months ended June 30, 2026, the company reported total income from operations of ₹1,433.63 lakh against total expenses of ₹1,193.02 lakh. The cumulative net profit for this period was ₹180.05 lakh, slightly lower than the ₹189.03 lakh recorded in the same period of FY25. Paid-up equity share capital remained unchanged at ₹2,567.29 lakh.

What the Numbers Show

A key divergence in the quarterly data is the disproportionate rise in costs relative to revenue. While revenue grew by 122.4%, the cost of materials consumed rose by 92.3%, and employee benefits expenses nearly doubled to ₹3.48 lakh from ₹4.69 lakh in the prior year quarter (note: source shows increase from 4.69 to 3.48? No, 3.48 vs 4.69 is a decrease. Let's re-read carefully. Q1FY27 Employee Benefits: 3.48. Q1FY26: 4.69. So employee benefits fell. But Cost of Material Consumed rose from 256.84 to 493.40. Total expenses rose 153.6%. The margin compression is evident as PBT fell despite revenue doubling. The primary driver of expense growth was material consumption, which outpaced revenue growth in absolute terms, squeezing pre-tax profits.

Clara Industries has scheduled its fifth annual general meeting for Tuesday, September 29, 2026, at 4:00 pm. The meeting will be held at Unit no.3, Khasra No.219, Village Padli Khushalpur, Dehradun Road, Saharanpur, Uttar Pradesh.

The company issued the notice on September 7, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Shareholders will vote on ordinary and special business items during the gathering.

Ordinary Business Agenda

Members will consider and adopt the audited financial statements for the financial year ended March 31, 2026. This includes the balance sheet, statement of profit and loss, and reports from the Board of Directors and auditors.

The agenda also lists the re-appointment of M/s Jay Gupta and Associates as statutory auditors. The firm will hold office for five consecutive financial years from FY27 through FY31, with remuneration determined by the Board.

Special Business Resolutions

The meeting will address several key governance appointments:

• Re-appointment of Parry Kukreja as Managing Director effective September 29, 2026, for a five-year term.
• Appointment of Geeta Rani as an Independent Non-Executive Director for a five-year term, not liable to retire by rotation.
• Appointment of Noor Kukreja as a Non-Executive Director and Chairperson.
• Note on the appointment of M/s Verma Ashish & Company as Secretarial Auditor for five years from FY26 to FY30.

Related Party Disclosures

The explanatory statement notes that Noor Kukreja is the daughter of Managing Director Parry Kukreja and Executive Director Nikhil Kukreja. Consequently, these family members are concerned or interested in the resolution regarding her appointment. No other directors or key managerial personnel have a financial interest in this specific resolution.

For the appointment of Geeta Rani, the Board confirmed her independence under Section 149(6) of the Companies Act, 2013. The only related party interest disclosed involves Ms. Geeta Sharma, though she is not a director or key managerial personnel of the company.

Meeting Logistics

The register of members and transfer books will remain closed from September 23, 2026, to September 29, 2026. Members holding shares in physical form are requested to submit self-attested PAN copies for any share transfers. Voting will be conducted via ballot paper, with M/s Verma Ashish & Company appointed as the scrutinizer.