Golkonda Aluminium Extrusions Limited reported revenue from operations of ₹139,900.17 lakh for Q2FY27, compared to ₹18.58 lakh in the corresponding quarter of the previous year, while recording a loss before tax of ₹3.21 lakh for the same quarter.

The Board of Directors approved the unaudited financial results for the quarter and half year ended September 30, 2026 at its meeting held on October 7, 2026, which commenced at 6:30 pm and concluded at 7:15 pm at the company's registered office in New Delhi. The results were reviewed by the Audit Committee prior to board approval and carry a limited review report from statutory auditors VRSK & Associates, Chartered Accountants.

Quarterly and half-year financial performance

The following table presents the key financial metrics across reporting periods (₹ in lakhs):

For Q2FY27, total expenses of ₹139,903.38 lakh were driven by purchases of stock-in-trade of ₹182,500.00 lakh, partially offset by a favourable change in inventories of ₹(42,600.00) lakh. Employee benefits expense stood at ₹1.68 lakh and other expenses at ₹1.56 lakh for the quarter. Finance costs for Q2FY27 were ₹0.13 lakh.

For H1FY27, the company reported a net profit of ₹6.43 lakh, compared to ₹21.32 lakh in H1FY26. The paid-up equity share capital remained unchanged at ₹526.95 lakh (face value ₹10 per share) across all reported periods.

Balance sheet highlights

The following table summarises the company's assets and liabilities position (₹ in lakhs):

Total assets stood at ₹59,923.12 lakh as of September 30, 2026, compared to ₹2,50,817.56 lakh as of March 31, 2026. Inventories rose to ₹58,600.00 lakh from ₹16,000.00 lakh, while current borrowings declined to ₹59,100.00 lakh from ₹2,50,000.00 lakh over the same period.

Cash flow summary

For H1FY27, net cash from operating activities was ₹(42,596.07) lakh, compared to ₹17.35 lakh in H1FY26, reflecting the significant increase in inventories. Net cash from investing activities was ₹233,494.40 lakh, driven by receipts from loans and advances of ₹182,496.58 lakh and sale/purchase of shares of ₹51,000.00 lakh. Net cash used in financing activities was ₹(190,900.00) lakh. Cash and cash equivalents at the end of the period stood at ₹7.58 lakh, against ₹9.25 lakh at the beginning of the period.

Auditor observations

VRSK & Associates, in their limited review report for the quarter ended September 30, 2026, noted that the financial results have not been prepared in accordance with applicable accounting standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The auditors also flagged that interest on loans taken has not been provided. The board confirmed that Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, relating to deviation or variation in use of proceeds from public, rights, or preferential issues, is not applicable to the company as no such issues were made during the quarter and half year ended September 30, 2026.

Golkonda Aluminium Extrusions Limited concluded its 38th Annual General Meeting on September 30, 2026. The meeting was conducted through Video Conferencing and Other Audio-Visual Means due to the virtual format. Thirty shareholders participated in the proceedings which commenced at 3:00 pm and concluded at 3:28 pm IST.

The primary business transacted involved the adoption of the audited standalone financial statements for the year ended March 31, 2026. Members also approved the reports of the Directors and Statutory Auditors. The management provided an overview of the company's future plans and performance outlook during the session.

Key resolutions passed

Shareholders voted on ordinary business items including the re-appointment of a director and the appointment of a secretarial auditor. The resolutions were moved by Geeta Sethi, Managing Director and Chairman of the meeting.

Dharmendra Gupta, who retires by rotation, was re-appointed as a Non-Executive Non-Independent Director. The members also approved the appointment of M/s Parul Agrawal & Associates as Secretarial Auditors for a term of four years covering the financial years 2026-27 to 2029-30.

Meeting proceedings

The meeting was presided over by Geeta Sethi. The requisite quorum was present, allowing the Chairman to call the meeting to order. The Notice convening the meeting was taken as read with the consent of the members. Similarly, the Reports of the Statutory Auditors were taken as read.

A question and answer session was initiated following the resolution presentations. The Company Secretary noted that no requests were received between September 27, 2026, and September 29, 2026, from members wishing to register as speakers. The facility for voting was made available for members who had not cast their votes through remote e-voting prior to the meeting.

Voting results and scrutiny

Parul Agrawal & Associates, appointed as Scrutinizer, submitted the consolidated voting report on October 1, 2026. The scrutiny confirmed that all three resolutions passed with the requisite majority through remote e-voting facilitated by Central Depository Services (India) Limited. No physical votes or proxy votes were recorded during the meeting; all participation occurred via video conferencing or prior e-voting.

The record date for determining eligible shareholders was September 22, 2026, with 8,964 shareholders on the register. The e-voting window remained open from September 27 to September 29, 2026.

Detailed voting breakdown

The adoption of financial statements saw overwhelming support, with 99.91% of valid votes cast in favor. Only 82 votes were cast against this resolution. The re-appointment of Dharmendra Gupta and the appointment of the secretarial auditor received identical voting patterns, with 98.74% support and 1,117 votes against in each case.

No invalid votes were reported across any category. The scrutinizer's report confirms that promoters and promoter group did not cast any votes, while public non-institutional shareholders accounted for all polled votes.