Superior Industrial Enterprises has appointed Ms. Khushi Pandey as Company Secretary and Compliance Officer. The appointment takes effect on September 3, 2026.

The Board of Directors approved this decision during its meeting held on September 3, 2026. The meeting, which commenced at 5:00 pm and concluded at 6:00 pm, also addressed several other governance matters.

Board Meeting Outcomes

In addition to the appointment, the Board considered and approved the following items:

• Fixing the record date, book closure, and e-voting date for the upcoming Annual General Meeting (AGM).
• Appointing M/s. RSH & Associates as the scrutinizer for e-voting at the AGM.
• Discussing the draft report of the Board of Directors along with necessary annexures.
• Approving the draft notice calling the AGM and fixing the date for the meeting.

Regulatory Compliance

The appointment was disclosed under Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Ms. Pandey is designated as Key Managerial Personnel in accordance with Section 203 of the Companies Act, 2013. This move aligns with Regulation 6(1) of the SEBI Listing Regulations.

Profile of Appointee

Ms. Pandey is an Associate Member of the Institute of Company Secretaries of India with membership number A81085. She holds a commerce degree from the University of Allahabad and a law degree from the State University of Allahabad.

Her professional expertise includes compliance under the Companies Act, 2013, SEBI Regulations, GST, and the Income Tax Act. She has experience in trademark registration, court hearings, statutory filings, and organizing Board and General Meetings.

Kamal Agarwal, Managing Director of Superior Industrial Enterprises, signed the intimation letter submitted to the Bombay Stock Exchange.

Superior Industrial Enterprises Limited (formerly Superior Vanaspati Limited) reported a 21.8% year-on-year increase in standalone net profit to ₹66.85 lakhs for the quarter ended June 30, 2026 (Q1FY27), driven by a 9.9% rise in revenue from operations to ₹508.74 lakhs. In contrast, consolidated net profit declined 26.1% to ₹113.57 lakhs from ₹153.80 lakhs in the year-ago quarter, despite an 8.9% growth in consolidated revenue to ₹1,963.04 lakhs. The divergence highlights operational efficiency at the parent level against margin compression within the group structure, signaling distinct performance dynamics between the holding company and its subsidiaries.

The Board of Directors approved the unaudited results on August 7, 2026, following review by the Audit Committee. Statutory auditors M/s S. Jain & Co. issued an unmodified limited review opinion for both standalone and consolidated financial statements. The results were filed with stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and published in newspapers including Financial Express and Metro Media on August 8, 2026.

Standalone Financial Performance

On a standalone basis, total income rose to ₹515.78 lakhs from ₹469.87 lakhs in Q1FY26. Revenue from operations grew to ₹508.74 lakhs, supported by higher operational activity. Total expenses increased to ₹448.93 lakhs from ₹414.98 lakhs, primarily due to a rise in cost of materials and services consumed to ₹339.69 lakhs from ₹331.54 lakhs. Employee benefits expense also rose to ₹47.98 lakhs from ₹43.49 lakhs. No tax expense was recorded for the quarter, contributing to the full retention of pre-tax profits as net income. Basic and diluted earnings per share (EPS) stood at ₹0.48, compared to ₹0.40 in the previous year’s corresponding quarter.

Consolidated Financial Performance

Consolidated revenue from operations reached ₹1,963.04 lakhs, up from ₹1,802.94 lakhs in Q1FY26. However, consolidated net profit fell to ₹113.57 lakhs from ₹153.80 lakhs. Total consolidated expenses were ₹1,866.52 lakhs, with cost of materials and services consumed accounting for ₹1,630.79 lakhs. Finance costs decreased significantly to ₹13.87 lakhs from ₹54.19 lakhs in Q4FY26, but other expenses rose to ₹184.81 lakhs from ₹132.14 lakhs in the year-ago period. The decline in profit was partly attributed to lower contribution from non-controlling interests and subsidiary performance dynamics. Consolidated basic and diluted EPS dropped to ₹0.65 from ₹0.76 in Q1FY26.

What the Numbers Show

The divergence between standalone and consolidated performance highlights operational pressures within the group structure. While the parent company improved its bottom line through controlled cost escalation and stable margins, the consolidated entity faced margin compression despite revenue growth. This suggests that subsidiary Babri Polypet Private Limited may have experienced lower profitability or higher expense burdens relative to the holding company. Additionally, the absence of tax expense in both standalone and consolidated results indicates continued utilization of tax benefits or loss carry-forwards, as noted in the auditor’s emphasis on deferred tax asset recognition being contingent on future taxable profits.

Auditor's Report and Key Notes

M/s S. Jain & Co., Chartered Accountants (FRN: 009593N), issued an unmodified limited review opinion for both standalone and consolidated results. The auditors emphasized that investments in unquoted shares are fair-valued through FVTOCI based on audited financial statements up to March 31, 2025, as those remain the latest available audited figures. Consequently, fair value adjustments for the year ended March 2026 have not been considered. Furthermore, no deferred tax asset has been created on unused tax losses, as recognition depends on the probability of future taxable profits. The consolidated results include management-certified interim financials of subsidiary Babri Polypet Private Limited, which were not independently reviewed by external auditors.