Goyal Aluminiums Limited has announced the resignation of two independent directors from its Board, as disclosed in a regulatory filing dated April 2, 2026. The company submitted the disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, to both BSE and NSE.

Director Resignations Details

The company reported the departure of two key independent directors with different effective dates and reasons for their resignations.

Regulatory Compliance and Documentation

The disclosure was made in compliance with SEBI (LODR) Regulations, 2015, specifically under Regulation 30 read with Schedule III. The company provided comprehensive documentation including:

• Complete resignation letters from both directors
• Detailed regulatory compliance information as per SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
• Confirmation that no material reasons exist beyond those stated for the resignations

Directors' Statements

Mr. Bishamber Nath Mehra stated in his resignation letter that his other professional commitments and pre-occupations restrict his ability to devote adequate time and attention to the company's affairs. He expressed gratitude to the Board of Directors for their support during his tenure.

Mr. Amit Agarwal cited emerging personal circumstances requiring immediate attention as the reason for his resignation. He requested relief from all duties as Independent Director, including from all Board Committees of which he was a member.

Company Information

The filing was signed by Sandeep Goyal, Managing Director & Chief Financial Officer (DIN: 07762515), on behalf of Goyal Aluminiums Limited. The company operates with its shop located at Chuna Mandi, Pahar Ganj, New Delhi, and factory at Ballabhgarh, Haryana. Both directors confirmed that there are no material reasons for their resignations other than those specifically mentioned in their respective resignation letters.

Goyal Aluminiums Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, showing mixed performance with revenue declining year-on-year while profitability improved. The aluminium hardware trading company's board approved the results at a meeting held on February 13, 2026.

Quarterly Financial Performance

The company's standalone results for Q3FY26 revealed contrasting trends in revenue and profitability metrics compared to the previous year.

Despite the revenue decline, the company managed to improve its bottom line significantly, with net profit after tax rising to ₹69.90 lakhs from ₹47.22 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, showed similar trends with revenue compression but maintained profitability levels.

For the nine-month period, revenue from operations declined to ₹4,704.05 lakhs from ₹6,075.12 lakhs in the previous year, while net profit marginally decreased to ₹141.56 lakhs from ₹148.15 lakhs.

Cost Structure and Operational Metrics

The company's expense management contributed to improved profitability despite lower revenues. Total expenses for Q3FY26 stood at ₹1,616.54 lakhs compared to ₹1,930.45 lakhs in Q3FY25. Key expense components included purchases of stock-in-trade at ₹1,395.49 lakhs, cost of material consumed at ₹77.01 lakhs, and finance costs of ₹10.34 lakhs.

Consolidated Results and Associate Performance

The consolidated financial results incorporated the company's share from its associate, Wroley E India Private Limited. For Q3FY26, the associate contributed a loss of ₹26.06 lakhs compared to a profit of ₹43.01 lakhs in Q3FY25. However, for the nine-month period, the associate generated a profit of ₹96.93 lakhs versus ₹64.77 lakhs in the previous year.

Capital Structure and Regulatory Compliance

Goyal Aluminiums maintained its paid-up equity share capital at ₹1,427.33 lakhs with a face value of ₹1 per share. The company's reserves excluding revaluation reserves stood at ₹700.15 lakhs for standalone results and ₹800.96 lakhs for consolidated results.

The financial results were reviewed by V.N. Purohit & Co., Chartered Accountants, who issued an unmodified limited review report. The company operates primarily in the trading of aluminium hardware and allied products, which constitutes a single operating segment according to management's assessment under Ind AS 108.