Paos Industries approved the Directors' Report and Notice for its 36th Annual General Meeting during a board session on August 30, 2026.

The board convened at 4:10 pm and concluded at 4:25 pm on August 30, 2026. The meeting focused on statutory compliance matters for the financial year ended March 31, 2026.

Key Approvals

The Board of Directors considered and approved the following resolutions:

• Approval of the Directors' Report along with annexures for FY26.
• Approval of the Notice convening the 36th Annual General Meeting.
• Appointment of M/s Rajeev Bhambri Associates as Scrutinizer for the remote e-voting process.

AGM Details

The company will hold its 36th Annual General Meeting on Wednesday, September 30, 2026, at 10:00 am. The venue is the Registered Office at Village Pawa, G.T. Road, Near Civil Airport, Ludhiana-141 120 (Pb).

The scrutinizer will oversee the voting process to ensure fairness and transparency during the meeting.

Paos Industries Limited reported a net profit of ₹114.98 crore for the quarter ended June 30, 2026 (Q1FY27), marking a 144.7% year-on-year increase from ₹46.98 crore in the corresponding period of FY26. The Ludhiana-based manufacturer saw revenue from operations rise 5.7% to ₹2,390.23 crore, up from ₹2,261.36 crore in the prior year period. This strong profitability turnaround, following a loss of ₹211.15 crore in FY26, signals improved operational efficiency and margin expansion for the company.

The Board of Directors approved the standalone unaudited financial results on August 11, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee on the same day. M/s P. C. Goyal & Co., Chartered Accountants, the statutory auditors, issued a limited review report confirming compliance with Indian Accounting Standards (Ind AS) and SEBI regulations.

Financial Performance Highlights

Revenue from operations grew to ₹2,390.23 crore, supported by higher sales volumes. Other income declined slightly to ₹8.76 crore from ₹9.51 crore. Total expenses increased modestly by 1.8% to ₹2,269.73 crore, primarily due to a rise in cost of materials consumed to ₹1,772.26 crore from ₹1,612.59 crore. Employee benefits expense remained stable at ₹222.30 crore, while finance costs rose to ₹69.06 crore from ₹65.73 crore.

What the Numbers Show

The divergence between revenue growth (5.7%) and expense growth (1.8%) drove the significant improvement in profitability. Profit before tax surged 211.1% to ₹129.26 crore. Deferred tax expense was recorded at ₹14.28 crore, compared to a deferred tax credit of ₹5.43 crore in Q1FY26. The company’s paid-up equity share capital remains unchanged at ₹610.36 crore, with 61,03,600 equity shares outstanding. Earnings per share more than doubled to ₹1.88, reflecting the bottom-line strength.

Regulatory and Operational Notes

The financial results were prepared in accordance with Ind AS notified under the Companies Act, 2013. As a single-segment company, Paos Industries did not provide separate segment disclosures as per Ind AS 108. The company assessed the impact of the four new Labour Codes notified by the Government of India on November 21, 2025, and concluded that the impact is not material to the financial statements. The figures for the quarter ended March 31, 2026, are balancing figures derived from audited full-year data. The company has no subsidiaries, associates, or joint ventures.