Saffron Industries Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated 7th April, 2026, demonstrates the company's adherence to securities market regulations for the fourth quarter of fiscal year 2026.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, covering the quarter ended 31st March, 2026. Company Secretary and Compliance Officer Arti Murlidhar Hemnani submitted the documentation to BSE Limited's Corporate Relation Department on behalf of Saffron Industries Limited.

Registrar Confirmation

Adroit Corporate Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on 1st April, 2026. The registrar confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories.

The certificate validates that:

• Securities received for dematerialisation were confirmed (accepted/rejected) to depositories
• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation have been mutilated and cancelled after due verification
• Names of depositories have been substituted in the register of members as registered owners within 15 days

Corporate Information

Saffron Industries Limited is headquartered at Nava Bharat Bhawan, Chhatrapati Square, Wardha Road, Nagpur 440015. The company maintains its compliance obligations through Adroit Corporate Services Private Limited, located at 19-20 Jaferbhoy Industrial Estate, Makwana Road, Marol Naka, Andheri (E), Mumbai, Maharashtra, 400 059.

This quarterly submission represents standard regulatory compliance for listed companies, ensuring transparency in securities handling and dematerialisation processes as mandated by SEBI regulations.

Saffron Industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong operational performance across its business segments. The Nagpur-based company, engaged in paper manufacturing and construction & real estate development, reported significant growth in profitability during the reporting period.

Financial Performance Overview

The company's consolidated financial performance showed substantial improvement across key metrics. Net profit after tax surged to ₹83.89 crore in Q3FY26 from ₹42.88 crore in Q3FY25, marking an impressive growth of 95.6%. Revenue from operations reached ₹152.45 crore during the quarter, compared to ₹248.35 crore in the corresponding previous quarter.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Saffron Industries achieved remarkable financial turnaround. The company reported a net profit of ₹98.43 crore compared to a loss of ₹10.45 crore in the corresponding nine-month period of FY25. Revenue from operations for the nine-month period stood at ₹543.03 crore against ₹293.89 crore in the previous year, representing growth of 84.8%.

Segment-wise Performance

The company operates through two distinct business segments, with varying performance contributions. The construction and real estate development segment emerged as the primary revenue driver, generating ₹152.45 crore in Q3FY26 compared to ₹232.95 crore in Q3FY25. This segment also contributed a profit of ₹83.10 crore before interest and tax.

The paper manufacturing segment recorded minimal revenue of ₹0.81 crore in Q3FY26, including other income, compared to ₹16.47 crore in Q3FY25. However, this segment showed improvement with a small profit of ₹0.79 crore compared to a loss of ₹29.48 crore in the previous year quarter.

Balance Sheet Position

As of December 31, 2025, the company's total assets stood at ₹1,284.07 crore compared to ₹1,252.92 crore as of March 31, 2025. Current assets increased to ₹1,233.51 crore from ₹928.53 crore, primarily driven by higher inventory levels of ₹737.79 crore and increased trade receivables of ₹194.39 crore.

Corporate Governance and Compliance

The financial results were approved by the Board of Directors at their meeting held on February 11, 2026, after review by the Audit Committee. The meeting commenced at 3:15 PM and concluded at 4:00 PM. The results have been prepared in accordance with applicable accounting standards and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's paid-up equity share capital remained unchanged at ₹718.52 crore, with each share having a face value of ₹10. The results were subject to limited review by Jagdish Khatri & Associates, Chartered Accountants, who provided an unqualified review report.