Pacific Industries has scheduled a meeting of its Board of Directors for Wednesday, August 26, 2026. The session will convene at 11:30 am at the company’s registered office in Udaipur.

The primary agenda items for the meeting include the approval of the Board Report for the financial year 2025-26. The directors are also set to approve the date and notice for the company’s Annual General Meeting (AGM).

Agenda Details

The board will also finalize logistical matters related to the upcoming AGM. Key decisions include:

• Finalizing dates for book closure
• Approving e-voting related matters

Any other business incidental and ancillary to the main agenda may be considered with the permission of the chairman.

This disclosure was made in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was issued on August 18, 2026, by Sachin Shah, Company Secretary.

Pacific Industries reported a consolidated net profit of ₹1.69 crore for Q1FY27, a 150% increase from ₹0.93 crore in the corresponding quarter of FY26. The Udaipur-based company’s revenue from operations rose 28.7% year-on-year to ₹63.92 crore, driven by higher operational activity across its single business segment. Standalone net profit also expanded significantly, jumping 151% to ₹1.53 crore from ₹0.61 crore in Q1FY26.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 11, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by Ravi Sharma & Co., the statutory auditors, under Standard on Review Engagements (SRE) 2410. The Board meeting was held at the company’s registered office in Village Bedla, Udaipur.

Financial Performance Highlights

Consolidated total income reached ₹66.46 crore, compared to ₹51.03 crore in Q1FY26. Other income contributed ₹25.37 crore, up from ₹13.76 crore previously. Total expenses stood at ₹64.12 crore, an increase from ₹49.76 crore in the prior year quarter, primarily due to higher cost of materials consumed and other expenses.

Earnings per share (basic) for the consolidated entity rose to ₹2.45 from ₹1.34 in the previous year. Standalone EPS increased to ₹2.22 from ₹0.88. Paid-up equity share capital remained unchanged at ₹6.89 crore.

What the Numbers Show

The significant jump in net profit—more than doubling both on a standalone and consolidated basis—outpaced the 28.7% growth in revenue. This divergence suggests improved operational leverage or favorable one-off items within other income, which nearly doubled to ₹25.37 crore from ₹13.76 crore. However, other expenses also surged, rising from ₹86.30 crore to ₹156.97 crore on a consolidated basis, indicating potential volatility in non-core costs that warrants monitoring in subsequent quarters.

Key Disclosures

The company operates in a single business segment, with no additional reportable segments under Ind AS 108. Pacific Industries has three wholly-owned subsidiaries: Gist Minerals Technologies Limited, Gaze Fashiontrade Limited, and Taanj Quartz INC. The financial results of these subsidiaries, which contributed ₹76.08 lakh in revenue, were reviewed by other auditors.

A material disclosure notes that physical scrips held by the company have been misplaced and transferred to the Investor Education & Protection Fund (IEPF). Dividends accrued on these scrips have also been transferred to IEPF and will be accounted for only upon reclamation. Additionally, an appeal against an income tax demand arising from a February 2023 search and survey remains pending before the CIT (Appeals)/ITAT.