Harrisons Malayalam has scheduled its 49th Annual General Meeting for September 29, 2026. The meeting will be conducted through video conferencing or other audio-visual means without physical presence.

The company issued a letter to members whose email addresses are not registered with the company, registrar, or depository participants. This communication provides a web link to access the Annual Report for FY26 and the AGM notice.

Meeting Details

The AGM is set to begin at 3:00 pm on Tuesday, September 29, 2026. Shareholders can access the complete details of the Annual Report via the company’s website at the path: investors > financials > Annual reports.

Regulatory Compliance

Pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, 2015, the company disclosed the web link for shareholders who have not registered their email IDs. The notice and annual report are also available on the websites of BSE Limited, NSE Limited, and CDSL.

Shareholder Updates

The company reminded security holders holding physical securities to update their KYC details as per SEBI Master Circular No. HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 6, 2026. This includes recording PAN, address, mobile number, bank account details, specimen signature, and nomination choice.

Shareholders are urged to dematerialise physical securities and register email IDs with depository participants or the registrar, MUFG Intime India Private Limited, to avail online services and support green initiatives.

Harrisons Malayalam reported a standalone net profit of ₹38.8 crore for the first quarter of FY27 (ended June 30, 2026), marking a significant decline from the ₹59.6 crore posted in the corresponding period of the previous fiscal year. The company’s revenue from operations rose to ₹12,810.3 crore, up from ₹11,925.1 crore in Q1FY26.

The results were filed with the stock exchanges on August 13, 2026, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The financial data presented reflects the company’s standalone performance, with consolidated figures showing negligible variance due to the structure of its operations.

Financial Performance Overview

Revenue growth was driven by higher operational income, which increased by approximately 7.4% year-on-year. However, this top-line expansion did not translate into proportional bottom-line gains, as net profit contracted sharply.

Profit before tax also declined, standing at ₹393.6 crore for the current quarter compared to ₹596.4 crore in Q1FY26. The absence of exceptional or extraordinary items indicates that the variance is attributable to core operational dynamics rather than one-off gains or losses.

What the Numbers Show

A key divergence emerges when comparing quarterly performance against full-year trends. While the current quarter shows a profit contraction, the company delivered a strong full-year result for FY26, with net profit reaching ₹2,915.0 crore. This suggests that Q1FY27 represents a seasonal slowdown or a specific operational headwind distinct from the broader annual performance observed in the preceding fiscal year. The earnings per share dropped to ₹2.13 from ₹3.23 a year ago, mirroring the decline in absolute profit figures.

Consolidated vs Standalone

The consolidated financial results mirrored the standalone figures closely, with consolidated revenue at ₹12,810.2 crore and consolidated net profit at ₹393.4 crore before tax. The minimal difference between standalone and consolidated numbers highlights the limited impact of subsidiaries on the overall financial picture for this period.