Worth Peripherals Limited published its unaudited financial results for the quarter ended June 30, 2026 (Q1FY27), in two newspapers on August 5, 2026. The publication appeared in Free Press (English) and Choutha Sansar (Hindi), fulfilling regulatory disclosure requirements under Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This procedural step follows the Board of Directors’ approval of the results on August 4, 2026.

The financial data disclosed in the newspaper advertisements confirms the figures previously communicated to stock exchanges. Standalone net profit after tax (PAT) rose 49% year-on-year to ₹5.53 crore from ₹3.70 crore in Q1FY26. Consolidated PAT increased to ₹5.26 crore from ₹4.34 crore in the corresponding prior-year period. The company identified "Manufacture and Sale of Corrugated Boxes" as its single operating segment under Ind AS-108.

Financial Performance Details

Standalone revenue from operations grew 7% to ₹55.81 crore in Q1FY27, up from ₹52.13 crore in Q1FY26. Total income stood at ₹58.39 crore, while total expenses rose to ₹51.28 crore, driven primarily by higher material costs of ₹39.60 crore. Profit before tax improved to ₹7.11 crore from ₹4.69 crore.

On a consolidated basis, revenue from operations expanded 7.6% to ₹82.00 crore from ₹76.23 crore. Total expenses were ₹74.32 crore, resulting in a profit before tax of ₹7.99 crore. The consolidated net profit attributable to owners was ₹4.17 crore.

Subsidiary Expansion and Capital Moves

The results period coincided with significant operational developments at Worth Wellness Private Limited, a wholly owned subsidiary. Commercial production commenced at its Indore manufacturing facility on August 1, 2026. Worth Peripherals acquired 60 lakh equity shares of the subsidiary at ₹50 per share, aggregating to ₹30 crore, through the conversion of an outstanding unsecured loan. This transaction was completed on August 4, 2026.

Additionally, the Board approved an inter-corporate loan of ₹20 crore to Worth Wellness Private Limited for daily business funding. The unsecured loan carries interest at prevailing three-year RBI yield rates over a three-year tenure, with an option to convert into equity shares subject to shareholder approval. As of the disclosure date, total outstanding loans to the subsidiary stood at ₹49.5 crore.

Corporate Governance

The Board appointed M/s. RS Mantri And Associates as Secretarial Auditor for five consecutive years, commencing from the conclusion of the ensuing Annual General Meeting until the 35th AGM in 2031. This appointment is subject to shareholder approval under Section 204 of the Companies Act, 2013 and Regulation 24A of SEBI LODR Regulations, 2015. The financial results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors Maheshwari & Gupta Chartered Accountants.

Worth Peripherals Limited has appointed M/s RS Mantri & Associates as its Secretarial Auditor effective July 6, 2026, to fill the casual vacancy created by the resignation of the previous auditor. The appointment, approved by the Board based on the Audit Committee's recommendation, is valid for the conduct of the Secretarial Audit for the Financial Year 2025–26 and will remain in force until the conclusion of the next Annual General Meeting.

The company informed the exchanges that M/s Vatsalya Sharma & Co., Practicing Company Secretaries, tendered its resignation with immediate effect via a letter dated July 06, 2026, due to personal reasons. The outgoing auditor confirmed there were no material reasons for the resignation beyond those stated and that no circumstances exist that would materially affect stakeholder interests.

M/s RS Mantri & Associates, a Peer Reviewed Firm of Practicing Company Secretaries, will undertake the audit responsibilities. The firm operates through its proprietor, Ms. Surabhi Rathi Mantri (Membership No. A41830), and brings over six years of experience in corporate law, incorporation, and compliance of foreign companies.

The disclosures were made to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting to approve the appointment commenced at 5:00 p.m. and concluded at 5:15 p.m. on July 6, 2026.

Details of Appointment