Golden Crest Education & Services Limited Golden Crest Education & Services Limited has disclosed its unaudited standalone financial results for the first quarter ended June 30, 2026. The disclosure was made pursuant to Regulation 30 read with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 3, 2026. This filing ensures transparency for shareholders regarding the company's performance in Q1FY27.

The statutory auditors have issued a limited review report on the aforesaid results. The financial results, along with the limited review report, are available on the websites of the Bombay Stock Exchange (BSE) and the Calcutta Stock Exchange (CSE). Investors can also access the detailed financials on the company’s website at https://www.goldencrest.in/information-under-regulation-46-and-62-of-the-SEBI.html or by scanning the QR code provided in the circular.

Regulatory Compliance and Disclosure

The disclosure was submitted to the Deputy General Manager of the Corporate Relationship Department at BSE Limited and the Secretary of The Calcutta Stock Exchange Limited on August 4, 2026. Yogesh Lama, Managing Director & CEO (DIN: 07799934), signed the communication. The company also published notices in Active Times (English) and Mumbai Lakshdeep (Marathi) on August 4, 2026, to inform the public about the availability of the unaudited financial results.

Key Details

What the Numbers Show

While specific financial metrics such as net profit, revenue, or EBITDA are not explicitly stated in this disclosure notice, the issuance of a limited review report by statutory auditors confirms that the financial statements comply with applicable accounting standards. The absence of detailed figures in the press release indicates that investors should refer to the full financial statement documents available on the exchange websites for granular data analysis. The timely approval by the Board and subsequent disclosure align with regulatory timelines for quarterly reporting.

Golden Crest Education & Services Limited reported a net profit of ₹2.16 lakh for the first quarter ended June 30, 2026, up from ₹1.85 lakh in the corresponding period of the previous fiscal year. The Mumbai-based consultancy services firm saw its total income from operations increase marginally to ₹10.20 lakh from ₹10.10 lakh year-on-year, reflecting steady operational performance despite minimal top-line growth.

The Board of Directors, at a meeting held on August 3, 2026, approved the standalone unaudited financial results. The figures were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Mohindra Arora & Co., in accordance with Standard on Review Engagements (SRE) 2410. The results comply with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Net sales or income from operations stood at ₹8.80 lakh for Q1FY26, compared to ₹8.70 lakh in Q1FY25. Other income remained flat at ₹1.40 lakh. Consequently, total income from operations reached ₹10.20 lakh.

Total expenses decreased slightly to ₹8.04 lakh from ₹8.25 lakh in the prior year’s quarter. This reduction was primarily due to lower other expenses, which fell to ₹5.06 lakh from ₹5.71 lakh, despite a rise in employee benefits expense to ₹2.76 lakh from ₹2.14 lakh. Depreciation and amortisation expense also declined to ₹0.22 lakh from ₹0.40 lakh.

The company reported no tax expense for the quarter, as provisions are made at the end of the year. Earnings per share (basic and diluted) were ₹0.04, unchanged from ₹0.04 in Q1FY25.

Balance Sheet and Compliance

Golden Crest Education & Services Limited disclosed no outstanding defaults on loans or debt securities. The total financial indebtedness, including short-term borrowings and unlisted debt securities such as NCDs and NCRPS, was nil. The company has no subsidiaries, associates, or joint ventures, making consolidated financial statement disclosures under Ind AS 110 not applicable.

A statement on deviation or variation in the utilization of funds raised was declared not applicable for the quarter. The company operates in a single reportable segment: Consultancy Services, as per Ind AS 108.

What the Numbers Show

The primary driver of the profit growth was cost containment rather than revenue expansion. While total income grew by just 1%, total expenses contracted by 2.5%. Specifically, 'other expenses' dropped significantly from ₹5.71 lakh to ₹5.06 lakh, offsetting a rise in employee benefit costs. This efficiency gain allowed the bottom line to grow nearly 17% despite negligible top-line movement, highlighting the company's ability to manage operational overheads in a low-growth revenue environment.