Grandma Trading and Agencies Limited reported a return to profitability in its first quarter of FY27, posting a net profit of ₹1.61 lakh for the period ended June 30, 2026. This marks a significant turnaround from the ₹5.95 lakh net loss recorded in the same quarter of the previous fiscal year. The company also logged total income from operations of ₹12.66 lakh, up from nil in Q1FY26.

The Board of Directors approved the unaudited standalone financial results during their meeting held on August 13, 2026. The results were reviewed by the Audit Committee prior to approval. The company operates in a single segment and has no separate reportable segments under IND AS 108.

Financial Performance

The company's operational revenue generation was a key driver of the quarter's profitability. While total income from operations stood at ₹12.66 lakh, this compares against zero income reported in Q1FY26. In the preceding quarter (Q4FY26), total income from operations was higher at ₹38.48 lakh.

For the full financial year ended March 31, 2026, the company reported a net loss of ₹7.03 lakh on total income from operations of ₹53.32 lakh. The equity share capital remained unchanged at ₹1,306.00 lakh.

What the Numbers Show

The shift from a net loss of ₹5.95 lakh in Q1FY26 to a profit of ₹1.61 lakh in Q1FY27 indicates a stabilization in the company's cost structure relative to its operational income. With no exceptional or extraordinary items disclosed, the profit improvement appears driven by core operational activity rather than one-off gains. However, the quarterly income of ₹12.66 lakh is significantly lower than the ₹38.48 lakh reported in the immediately preceding quarter, suggesting potential seasonality or variability in revenue streams.

Corporate Developments

The company noted that its petition for the reduction of paid-up capital is pending for final hearing before the National Company Law Tribunal (NCLT). Previous period figures have been regrouped or rearranged wherever necessary. The unaudited financial results are available on the company's website and the BSE Limited website.

Grandma Trading & Agencies Limited has accepted the resignation of Abhishek Ashar from his positions as Whole-Time Director (WTD) and Chief Financial Officer (CFO), effective July 31, 2026. The Mumbai-based trading firm disclosed the leadership change to the Bombay Stock Exchange (BSE) on July 30, 2026, marking a significant shift in its key managerial personnel.

Ashar tendered his resignation via a letter dated July 30, 2026, citing his desire to pursue other professional activities and career opportunities outside the organization. In his resignation letter addressed to the Board of Directors, he confirmed that there were no other material reasons for his departure beyond these personal career moves. The Board accepted his resignation, which becomes effective upon the closure of the current month.

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also complied with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding changes in directors and key managerial personnel.

Key Details of Resignation

Ashar further disclosed in his letter that he does not hold any directorships in other listed entities nor does he have any membership on board committees. He expressed gratitude for his association with the company, describing his tenure as rewarding and fruitful.

Sonal Nakum, Company Secretary and Compliance Officer of Grandma Trading & Agencies Limited, signed the intimation submitted to the BSE. The company’s registered office is located at Hubtown Solaris, Andheri East, Mumbai. Investors are advised to note this change in leadership as the company prepares to appoint a successor to fill the vacant WTD and CFO roles.