Integrated Filing — IndAS



General information about company

Scrip Code 532351
NSE Symbol AKSHOPTFBR
MSEI Symbol NOTLISTED
ISIN INE523B01011
Name of company AKSH OPTIFIBRE LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 14-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 14-08-2026   14:30:00
End date and time of board meeting 14-08-2026   19:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 4,987.00 4,987.00
Other income 35.74 35.74
Total income 5,022.74 5,022.74
2 Expenses
(a) Cost of materials consumed 3,080.48 3,080.48
(b) Purchases of stock-in-trade 64.07 64.07
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (301.83) (301.83)
(d) Employee benefit expense 568.86 568.86
(e) Finance costs 268.80 268.80
(f) Depreciation, depletion and amortisation expense 266.49 266.49
(f) Other Expenses
1 Other Expenses 544.23 544.23
Total other expenses 544.23 544.23
Total expenses 4,491.10 4,491.10
3 Total profit before exceptional items and tax 531.64 531.64
4 Exceptional items 121.28 121.28
5 Total profit before tax 652.92 652.92
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 182.08 182.08
9 Total tax expenses 182.08 182.08
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 470.84 470.84
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 470.84 470.84
17 Other comprehensive income net of taxes (30.60) (30.60)
18 Total Comprehensive Income for the period 440.24 440.24
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 8,134.90 8,134.90
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.29 0.29
Diluted earnings (loss) per share from continuing operations 0.29 0.29
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.29 0.29
Diluted earnings (loss) per share from continuing and discontinued operations 0.29 0.29
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The Hon’ble NCLT, Jaipur Bench, vide its order dated June 19, 2026, admitted the petition filed by Shantanu Investments Private Limited under the IBC, 2016 for initiation of CIRP against the Holding Company and appointed Mr. Praveen Kumar Singhal as the Interim Resolution Professional (IRP). Subsequently, Dr. Kailash Shantilal Choudhari, one of the Promoters of the Holding Company, preferred an appeal (Company Appeal (AT) (Insolvency) No. 1095 of 2026) before the Hon'ble National Company Law Appellate Tribunal, New Delhi (NCLAT). Vide its order dated June 30, 2026, the Hon'ble NCLAT held that the IRP shall not take any further steps and the Holding Company shall be run under the supervision of the IRP with the assistance of the Appellant, other officers and employees of the Holding Company. 2 The Consolidated financial results of the Company for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by IRP and Board at its meeting held on August 14, 2026. 3 The Consolidated financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendments thereafter as prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. 4 The Holding Company and its Indian Subsidiary has foreign currency payable and receivable balances which are outstanding for more than the period as prescribed in Foreign Exchange Management Act. The Holding Company has already applied for necessary extension in consultation with RBI Consultant. Management does not expect any material implication on account of delays under the existing regulations. 5 The Holding Company has not accounted for interest aggregating to Rs. 2,202.47 lakhs and cenvatable duty aggregating to Rs. 840.19 lakhs in respect of the Advance Authorization scheme and Export Promotion Capital Goods (EPCG) schemes till June 18, 2026. Management believes that these outstanding liabilities are expected to be resolved under the Government’s amnesty scheme on a principal duty basis. Accordingly, these amounts have not been recognized in the financial results, pending resolution under the amnesty framework. The Holding Company is presently undergoing Corporate Insolvency Resolution Process (CIRP), pursuant to which the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 is in force. Accordingly, the matter is being dealt with in accordance with the applicable provisions of the IBC and the directions of the Interim Resolution Professional. Had the Holding Company recognized the aforesaid liabilities, total liabilities as at June 18, 2026 would have increased by Rs. 3,042.66 lakhs, total assets would have increased by Rs. 1,394.51 lakhs, profit for the quarter ended June 30, 2026 would have decreased by Rs. 42.00 lakhs (net of tax), Further, out of the aggregate unrecognized impact on retained earnings / profit (net of tax) amounting to Rs. 1,648.15 lakhs, an amount of Rs. 1,606.15 lakhs pertain to periods up to March 31, 2026 and the balance amount of Rs. 42.00 lakhs pertain to the period April 1, 2026 to June 18, 2026. 6 Pursuant to notices received from Union Bank of India (UBI)under Sections 13(2) and 13(4) of the SARFAESI Act, 2002 for a claim of Rs. 4,973 lakhs, the Holding Company had filed a Securitization Application. The Hon’ble Tribunal, vide order dated March 24, 2026, allowed the application and quashed the said notices. The Holding Company has also received a notice from HDFC Bank under Section 13(2) dated July 03, 2025 for a claim of Rs. 3,663 lakhs, to which the Holding Company has filed its reply. The Holding Company is presently undergoing CIRP and the moratorium under Section 14 of the IBC is in force; accordingly, the matters are being dealt with in accordance with the applicable provisions of the IBC and directions of the IRP. 7 The Offer Letter for acquisition of AOL Technologies FZE, which expired on May 31, 2026, is currently under discussion for further extension. Considering that discussions are ongoing and the proposed acquisition remains under consideration, management has not recognised any impairment loss in respect of the assets of project classified as held for sale at this stage. The impact will be reassessed based on the outcome of the ongoing discussions and the revised terms, if any. 8 Exceptional Income/ (Expense) for the quarter ended June 30, 2026 of Rs. 121.28 Lakhs inter-alia includes Exchange fluctuation loss of Rs. 5.91 Lakhs, (Provision) / reversal for doubtful debt of Trade Receivable & other assets of Rs. 6.67 Lakhs and Misc. Balances written back (net) of Rs 108.70 Lakhs respectively. 9 The figures of the previous periods / year have been re-grouped /re-classified as required.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Manufacturing 3,017.51 3,017.51
2 Services 1,969.49 1,969.49
Total Segment Revenue 4,987.00 4,987.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 4,987.00 4,987.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufacturing 738.86 738.86
2 Services 171.64 171.64
Total Profit before tax 910.50 910.50
i. Finance cost 268.80 268.80
ii. Other Unallocable Expenditure net off Unallocable income 110.06 110.06
Profit before tax 531.64 531.64
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufacturing 21,331.24 21,331.24
2 Services 6,338.29 6,338.29
Total Segment Asset 27,669.53 27,669.53
Un-allocable Assets 574.01 574.01
Net Segment Asset 28,243.54 28,243.54
4 Segment Liabilities
Segment Liabilities
1 Manufacturing 26,767.36 26,767.36
2 Services 2,154.34 2,154.34
Total Segment Liabilities 28,921.70 28,921.70
Un-allocable Liabilities 171.63 171.63
Net Segment Liabilities 29,093.33 29,093.33
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 30.60 30.60
5 Total Other comprehensive income (30.60) (30.60)