Northern Spirits submitted its annual report for the financial year ended March 31, 2026, to the Bombay Stock Exchange on August 29, 2026. The filing was made in compliance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that the annual report is also being dispatched electronically to members who have registered their email addresses with the company or their depository participants. A copy of the document is available on the company’s official website.

Filing Details

Shweta Almal, Company Secretary of Northern Spirits, signed the submission letter addressed to BSE Limited. The correspondence references the company’s registered office in Kolkata and includes the scrip code 542628 for identification purposes. No specific financial figures, such as revenue or net profit, were disclosed in this regulatory submission notice.

Northern Spirits reported a net profit of ₹927.49 lakh for the quarter ended June 30, 2026, rising 25.7% year-on-year from ₹738.02 lakh in Q1FY26. Revenue from operations increased 12.1% to ₹59,879.14 lakh, up from ₹53,412.48 lakh in the corresponding period last fiscal.

The Kolkata-based spirits trader saw its profit before tax climb to ₹1,220.38 lakh from ₹971.08 lakh a year ago. This improvement occurred despite a decline in other income, which fell to ₹49.93 lakh from ₹33.86 lakh, indicating the growth was primarily operational rather than driven by non-recurring gains. Tax expenses remained relatively stable at ₹292.89 lakh compared to ₹233.06 lakh in Q1FY26.

Financial Performance Highlights

Expenses grew at a slightly lower rate than revenue, aiding margin expansion. Purchases of stock-in-trade, the largest expense component, rose 5.5% to ₹51,596.77 lakh. Other expenses increased significantly to ₹6,092.96 lakh from ₹3,168.31 lakh, representing a 92.3% jump, though this still allowed overall profitability to improve. Finance costs edged up to ₹453.16 lakh from ₹402.02 lakh.

What the Numbers Show

The divergence between revenue growth (12.1%) and expense growth (11.9%) highlights improved operational efficiency in Q1FY27. While 'other expenses' nearly doubled, the company managed to keep core inventory-related costs in check relative to sales volume. The decline in other income means the entire profit uplift came from the core trading business, suggesting stronger pricing power or better cost management in its spirits distribution network.

The Board of Directors approved the unaudited financial results on August 13, 2026, following a review by the Audit Committee. The results were prepared in accordance with Indian Accounting Standards and Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Statutory auditors M/s J K S S & Associates issued a limited review report with an unmodified opinion, confirming the statements disclose all required information without material misstatement.