Premco Global reported a consolidated net profit of ₹1.94 lakh for the quarter ended June 30, 2026, marking a 99.5% year-on-year decline from ₹361.89 lakh in Q1FY26. The sharp drop in profitability was driven by a 33.7% fall in consolidated revenue from operations to ₹1,967.17 lakh, compared to ₹2,968.42 lakh in the prior year period. Despite the operational headwinds, the Board of Directors approved a first interim dividend of ₹2 per equity share (face value ₹10) for the financial year 2026-27, representing a 20% payout ratio, signaling management’s confidence in cash reserves despite lower earnings.

The Board meeting, held on August 5, 2026, also approved the sale of the company’s property located at Unit No-8, Marol Udyog Premises, Industrial Estate, Andheri (E), Mumbai. This commercial unit contributed 0% to the turnover or revenue in the last financial year. The sale is expected to be completed by the end of the quarter ended September 30, 2026, with no token amount received as of the filing date. Additionally, the Board fixed September 2, 2026, as the date for the 42nd Annual General Meeting (AGM), to be conducted via Video Conferencing/Other Audio Visual Means (OAVM).

Financial Performance

Consolidated total income stood at ₹2,096.29 lakh, driven by other income of ₹129.12 lakh, which offset a portion of the revenue decline. Total expenses were ₹2,124.83 lakh, resulting in a pre-tax loss of ₹28.54 lakh. However, deferred tax benefits of ₹62.62 lakh turned this into a net profit of ₹1.94 lakh. In contrast, standalone results showed a net loss of ₹137.65 lakh, compared to a profit of ₹167.97 lakh in Q1FY26. Standalone revenue fell 54.4% YoY to ₹856.07 lakh.

The statutory auditors, S. P. Jain & Associates, issued a limited review report on the unaudited financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The review covered both standalone and consolidated figures prepared in accordance with Ind AS 34.

What the Numbers Show

The divergence between consolidated and standalone results highlights the impact of the foreign subsidiary, Premco Global Vietnam Company Limited. While the Indian parent entity posted a standalone loss of ₹137.65 lakh, the subsidiary contributed a net profit after tax of ₹125.20 lakh for the quarter. This contribution was critical in keeping the group profitable on a consolidated basis. Furthermore, the significant drop in standalone revenue (54.4%) versus consolidated revenue (33.7%) suggests that international operations are currently sustaining a larger share of the group’s top line compared to the previous year.

Shareholder Information

Shareholders holding shares as of the record date, August 14, 2026, will receive the interim dividend. For the upcoming AGM, the cut-off date for voting eligibility is August 26, 2026. Remote e-voting will be facilitated by Bigshare Services Private Limited (BSPL) from August 29, 2026, to September 1, 2026. CS Vyoma Desai of Abbas Lakdawalla & Associates LLP has been appointed as the scrutinizer for the e-voting process.

Premco Global Limited will transfer the unclaimed dividend for the financial year 2018-19 and the underlying equity shares to the Investor Education and Protection Fund (IEPF) Authority on or before November 15, 2026. This action follows the provisions of Sections 124 and 125 of the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The transfer applies to shares where the dividend has remained unpaid or unclaimed for a continuous period of seven consecutive years.

The company has issued individual notifications to affected shareholders at their registered addresses and published the notice in newspapers. Shareholders must claim the dividend for FY 2018-19 on or before October 14, 2026. Failure to claim the dividend by this date will result in the transfer of the corresponding shares to the IEPF Authority without further notice.

The transfer process varies based on the mode of shareholding. For shares held in physical form, the company will issue new share certificates for dematerialization and transfer to the IEPF Authority, automatically cancelling the original certificates. For shares held in dematerialized form, the company will inform the depository to effect the transfer via corporate action.

Shareholders can reclaim both the unclaimed dividend and the corresponding shares from the IEPF Authority. This requires submitting the necessary documents to the company to obtain an entitlement letter and subsequently filing an online application in Form IEPF-5 available at www.iepf.gov.in . The complete list of shareholders whose shares are liable for transfer is available on the company's website.

Key Dates and Details

Shareholders with queries regarding the transfer process have been directed to contact the company's Registrar and Share Transfer Agent, Bigshare Services Private Limited.