Sabrimala Industries reported a standalone net profit of ₹11.68 lakh for the first quarter of FY26 (Q1FY26), marking a significant turnaround from the net loss of ₹5.67 lakh recorded in the fourth quarter of FY25. The positive bottom line was primarily driven by other income of ₹20.48 lakh, as revenue from operations remained nil for the period. Consolidated results mirrored the standalone figures, with a net profit of ₹11.68 lakh against a consolidated loss of ₹5.76 lakh in the previous quarter.

The Board of Directors, led by Managing Director Varun Mangla, approved the unaudited financial results on August 11, 2026. The results were reviewed by statutory auditors Suresh & Associates, who issued an unmodified report pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board also approved the Notice for the 42nd Annual General Meeting (AGM), scheduled for September 15, 2026. Key dates for shareholders include August 15, 2026, as the record date for eligibility to receive the AGM notice, and August 29, 2026, as the cut-off date for remote e-voting eligibility. M/s RSH & Company Secretaries was appointed as the Scrutinizer, and CDSL as the e-voting agency.

Financial Performance

Total income for the quarter stood at ₹20.48 lakh, comprising entirely of other income, as there was no revenue from operations. Total expenses decreased significantly to ₹4.89 lakh from ₹25.64 lakh in the previous quarter. This reduction was largely due to a drop in other expenses, which fell to ₹2.84 lakh from ₹22.19 lakh in Q4FY25. Employee benefits expense was ₹2.05 lakh. Profit before tax was ₹15.58 lakh, resulting in a net profit after tax of ₹11.68 lakh. Earnings per share (basic and diluted) were ₹0.13, compared to a loss per share of ₹0.07 in the prior quarter.

Segment Analysis

The company operates through two reportable segments: Trading and Acquisition of Stressed Assets. Neither segment generated revenue from operations in Q1FY26. The Trading segment incurred a loss before tax and interest of ₹4.89 lakh, compared to ₹24.44 lakh in the previous quarter. The Acquisition of Stressed Assets segment showed no activity in terms of segment results for the quarter. Total assets stood at ₹1,194.79 lakh, with stressed assets accounting for ₹464.21 lakh and unallocable corporate assets at ₹730.58 lakh. Total liabilities were ₹468.44 lakh.

What the Numbers Show

The primary driver of profitability in Q1FY26 is non-operational, as evidenced by nil revenue from operations and total income derived solely from other sources. While the trading segment continues to incur losses, the magnitude of these losses has narrowed considerably compared to the previous quarter. The company’s management noted that the implementation of new Labour Codes is not expected to materially impact gratuity liability, as existing salary structures already align with the new regulations. This suggests stability in employee benefit obligations despite regulatory changes.

Sabrimala Industries India Limited has accepted the resignation of Ms. Sheela Gupta from the position of Woman Director, effective July 29, 2026. The company disclosed the change in board composition to the Bombay Stock Exchange and the Calcutta Stock Exchange on July 30, 2026, citing pre-occupation as the sole reason for her departure. Ms. Gupta, identified by DIN 08880269, confirmed that there are no other material reasons for her resignation beyond those stated in her letter.

The intimation was issued pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and updated circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Company Secretary Swati Goel, Membership No. A33556, signed the communication from New Delhi.

Resignation Details

Ms. Gupta tendered her resignation from the post of Director (Woman) with immediate effect as of July 29, 2026. In her resignation letter addressed to the Board of Directors at the company’s registered office in New Delhi, she requested the submission of necessary forms to the Registrar of Companies.

The company confirmed receipt of Ms. Gupta’s confirmation that no other undisclosed factors influenced her decision to step down. The resignation alters the composition of the Board of Directors, requiring the company to ensure continued compliance with regulatory requirements regarding the presence of a woman director on the board.