Poddar Pigments reported a net profit of ₹4.65 crore for the quarter ended June 30, 2026, marking an 11.6% increase year-on-year from ₹4.17 crore in Q1FY26. The company’s total income rose to ₹95.03 crore, supported by a significant jump in other income, which offset a marginal decline in core revenue.

The board of directors approved the unaudited financial results on August 14, 2026. Statutory auditors K.N. Gutgutia & Co. issued a limited review report, confirming compliance with Ind AS 34 and SEBI Listing Regulations.

Financial Performance

Revenue from operations (net) stood at ₹90.13 crore, down 1.2% from ₹91.26 crore in the corresponding quarter of the previous fiscal year. However, total income increased to ₹95.03 crore, driven by other income rising to ₹49.03 lakh from ₹20.71 lakh in Q1FY26.

Total expenses were contained at ₹87.87 crore, compared to ₹87.13 crore in Q1FY26. Cost of materials consumed remained stable at ₹63.49 crore, while employee benefit expenses increased to ₹10.72 crore from ₹10.06 crore.

Profit before tax expanded to ₹7.17 crore from ₹6.20 crore in Q1FY26. Tax expenses for the quarter totaled ₹2.52 crore, comprising current tax of ₹10.23 lakh and deferred tax of ₹14.96 lakh.

What the Numbers Show

A key divergence in the results is the impact of non-operating items on profitability. While revenue from operations contracted slightly, other income more than doubled to ₹49.03 lakh, contributing significantly to the top-line growth. This surge in other income was the primary driver behind the 15.6% rise in profit before tax, indicating that operational margin expansion alone did not account for the bottom-line improvement.

Comprehensive Income & Equity

Total comprehensive income for the period reached ₹23.61 crore, a substantial increase from ₹3.49 crore in Q1FY26. This was largely driven by a gain of ₹21.27 crore from changes in the fair value of investments carried at fair value through OCI, partially offset by remeasurement losses on defined benefit obligations.

Paid-up equity share capital remained unchanged at ₹10.61 crore. Earnings per share (basic) were reported at ₹4.38, up from ₹3.93 in the previous year’s corresponding quarter.

Corporate Actions

The board also scheduled the company’s 35th Annual General Meeting for September 21, 2026, to be conducted via video conferencing.

Poddar Pigments Limited has informed shareholders that equity shares with unclaimed dividends for seven consecutive years or more will be transferred to the Investor Education and Protection Fund (IEPF) Authority. The company stated that shares meeting these criteria are liable to be transferred pursuant to Section 124 of the Companies Act, 2013, and the IEPF Rules, 2016.

The company has already dispatched individual notices to affected shareholders at their registered addresses, providing details of the unclaimed dividends. Shareholders have been advised to claim these amounts by Monday, October 26, 2026, to avoid the transfer of their shares to the Demat Account of the IEPF Authority. A statement containing the names and folio numbers of the shareholders whose shares are liable for transfer is available on the company's website.

If no valid claim is received by the specified deadline, the equity shares will be transferred to the IEPF Authority. For shares held in physical form, new share certificates will be issued for dematerialisation and transfer, rendering the original certificates non-negotiable. For shares held in electronic form, the company will inform the depositories to effect the transfer via corporate action.

Following the transfer, shareholders will not be able to claim the unclaimed dividends or shares from the company. However, they may claim the equity shares and dividends from the IEPF Authority by following the procedure outlined on the IEPF website. The company has designated Rajeev Kumar, Company Secretary, as the signatory for the notice.