Samrat Forgings Limited has published its Q3FY26 unaudited financial results in newspapers pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported robust financial performance for the third quarter ended December 31, 2025, with net profit surging 83.95% year-on-year to Rs. 148.99 lakhs.

Regulatory Compliance and Publication

The company published its unaudited financial results in "The Financial Express (English)" and "Desh Sewak (Punjabi)" newspapers dated February 15, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on February 14, 2026.

Financial Performance Overview

The company's quarterly results demonstrate significant improvement across key financial metrics. Revenue from operations increased by 13.37% to Rs. 4,977.77 lakhs compared to Rs. 4,389.33 lakhs in Q3FY24. Total income for the quarter reached Rs. 5,032.81 lakhs, including other income of Rs. 55.04 lakhs.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Samrat Forgings reported mixed results compared to the previous year. While revenue from operations grew to Rs. 15,214.75 lakhs from Rs. 13,951.36 lakhs, net profit declined to Rs. 334.53 lakhs from Rs. 436.98 lakhs in the corresponding period of FY25.

Corporate Governance and Compliance

The Board of Directors meeting commenced at 3:00 PM and concluded at 4:05 PM on February 14, 2026. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have undergone limited review by the company's statutory auditors, Rattan Kaur & Associates, Chartered Accountants. The company maintains its paid-up equity share capital at Rs. 500.00 lakhs with a face value of Rs. 10 per share.

Samrat Forgings Limited has received a favorable order concluding GST proceedings that were initiated through a show cause notice received in September. The Assistant Commissioner of State Tax, Mohali has dropped the original demand and closed the proceedings under section 73 of SGST/CGST Act, 2017.

Original Show Cause Notice and Demand

The company had initially received a show cause notice on September 30, 2025, from the Goods and Service Tax Authority. The notice alleged non-declaration of correct tax liability in returns filed for Financial Year 2021-22.

Company's Response and Settlement

Samrat Forgings submitted a detailed reply along with supporting documents to address the allegations. The company made payments totaling ₹75,060 to settle identified discrepancies:

• Tax payment: ₹17,960
• Interest on delayed GST payment: ₹57,100

The tax department found the company's response and supporting documentation satisfactory, leading to the favorable conclusion of proceedings.

Final Order and Resolution

On December 30, 2025, the company received the final order concluding the proceedings. The order confirms that:

• The original demand of ₹3.79 crore has been completely dropped
• No further demand will be raised against the company
• The proceedings under section 73 have been formally concluded
• No action is required from the company

Business Impact Assessment

The company has clarified that there is no adverse impact on its financial, operational, or other business activities following this resolution. The minimal settlement amount of ₹75,060 represents a significantly favorable outcome compared to the original demand of ₹3.79 crore.

This disclosure was made under Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding the conclusion of regulatory proceedings.