Ultramarine & Pigments Limited has published newspaper extracts of its unaudited financial results for the quarter and nine months ended December 31, 2025, in compliance with SEBI regulations. The company announced this publication through a formal communication to BSE Limited on February 12, 2026.

Regulatory Compliance and Publication

The company published extracts of its financial results in "The Economic Times" and "Maharashtra Times" on February 12, 2026, as required under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Company Secretary Kishore Kumar Sahoo and addressed to BSE Limited with scrip code 506685.

Standalone Financial Performance

The published results show strong standalone performance for Q3FY26. Total income from operations reached ₹18121 lakhs compared to ₹16590 lakhs in the corresponding previous quarter. Net profit after tax stood at ₹2332 lakhs against ₹1974 lakhs in Q3FY25.

Consolidated Financial Results

On a consolidated basis, the company demonstrated equally robust performance. Total income from operations for Q3FY26 was ₹19903 lakhs compared to ₹18080 lakhs in the previous year quarter. Consolidated net profit after tax reached ₹2709 lakhs versus ₹2286 lakhs in Q3FY25.

Board Approval and Audit Process

The Audit Committee reviewed these results on February 10, 2026, and the Board of Directors approved them at their meeting held on February 11, 2026. The results were signed by Managing Director Tara Parthasarathy (DIN: 07121058) from the company's location in Naidupet, Andhra Pradesh.

Access to Detailed Results

The complete format of standalone and consolidated unaudited financial results is available on the BSE website ( www.bseindia.com ) and the company's website ( www.ultramarinepigments.net ). The published newspaper extracts include a QR code for easy access to the detailed financial statements filed under Regulation 33 of SEBI regulations.

Ultramarine & Pigments Limited has received a GST order imposing interest and penalty totaling ₹15.09 lakh from the tax authorities. The company disclosed this development on January 2, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Order Details

The order, numbered 20251259TK00001681AO and dated December 29, 2025, was issued by the Office of the Superintendent of CGST and Central Excise Range-III, Ambattur Chennai North Commissionerate. The company received this order on December 31, 2025.

Nature of Violations

The GST order addresses two primary violations spanning multiple financial years:

IGST Related Issues:

• Non-payment of tax on supplies declared as SEZ supplies due to non-furnishing of endorsement for FY 2022-23
• Tax amount: ₹10,223 with penalty of ₹10,223

ITC Related Violations:

• Wrong availment of Input Tax Credit on invoices reflecting in Form GSTR 2A where tax was not paid by the supplier
• Period covered: FY 2018-19 to FY 2022-23
• Tax amount: ₹9,31,649 with interest of ₹4,20,522 and penalty of ₹9,31,649
• Net adjustment shows ₹7,95,182 in parentheses indicating potential credit

Company Response and Financial Impact

Ultramarine & Pigments Limited is currently evaluating the order in terms of pursuing an appeal against the GST authorities' decision. The company has indicated that it has already paid certain components of the demand.

Regarding financial implications, the company has stated that if the matter is finally decided against them, it will lead to an outflow of ₹15.09 lakh. However, management believes this amount is insignificant and will not have any material impact on the company's financial position.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, with Company Secretary Kishore Kumar Sahoo signing the communication to BSE Limited. The company has provided detailed information as required under Para A of Part A of Schedule III under Regulation 30 of SEBI Listing Regulations.

This GST order represents ongoing tax compliance challenges faced by the company, with violations spanning a five-year period from FY 2018-19 to FY 2022-23, primarily related to SEZ supply documentation and Input Tax Credit claims.