Integrated Filing — IndAS



General information about company

Scrip Code 512455
NSE Symbol LLOYDSME
MSEI Symbol NOTLISTED
ISIN INE281B01032
Name of company Lloyds Metals and Energy 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 03-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second 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 Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 03-11-2026   15:57:00
End date and time of board meeting 03-11-2026   17:11:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 5,67,253.00 12,82,264.00
Other income 3,953.00 18,637.00
Total income 5,71,206.00 13,00,901.00
2 Expenses
(a) Cost of materials consumed 76,729.00 1,64,249.00
(b) Purchases of stock-in-trade 280.00 1,037.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 7,879.00 7,547.00
(d) Employee benefit expense 39,184.00 78,523.00
(e) Finance costs 27,868.00 53,266.00
(f) Depreciation, depletion and amortisation expense 22,596.00 47,046.00
(f) Other Expenses
1 Mining, Royalty and Freight Expenses 1,89,591.00 4,35,116.00
2 Other Expenses 73,233.00 1,36,230.00
Total other expenses 2,62,824.00 5,71,346.00
Total expenses 4,37,360.00 9,23,014.00
3 Total profit before exceptional items and tax 1,33,846.00 3,77,887.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,33,846.00 3,77,887.00
6 Tax expense
7 Current tax 44,085.00 91,664.00
8 Deferred tax (15,280.00) 4,290.00
9 Total tax expenses 28,805.00 95,954.00
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 1,05,041.00 2,81,933.00
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 (2,717.00) (2,835.00)
16 Total profit (loss) for period 1,02,324.00 2,79,098.00
17 Other comprehensive income net of taxes (3,640.00) (5,790.00)
18 Total Comprehensive Income for the period 98,684.00 2,73,308.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,04,562.00 2,77,351.00
Total profit or loss, attributable to non-controlling interests (2,238.00) 1,747.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1,01,950.00 2,73,118.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests (3,266.00) 190.00
21 Details of equity share capital
Paid-up equity share capital 5,630.00 5,630.00
Face value of equity share capital 1 1
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 18.57 49.28
Diluted earnings (loss) per share from continuing operations 18.38 48.75
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 18.57 49.28
Diluted earnings (loss) per share from continuing and discontinued operations 18.38 48.75
24 Debt equity ratio 1.2200 1.2200
25 Debt service coverage ratio 0.3800 1.00
26 Interest service coverage ratio 6.5200 8.9200
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The Statement of Unaudited Consolidated Financial Results of LMEL and its subsidiaries the parent and its subsidiaries together referred to as for the Half Year ended on 30092026 have been approved by the Board of Directors at the meeting held on 03112026 2 These Consolidated Financial Results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 Interim Financial Reporting prescribed under Section 133 of the CA 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India 3 As per Ind AS 108- Operating Segments, the Company has four reportable Operating Segments namely Mining of Iron Ore Steel and related value added products MDO Operation and related services and Copper and related products The financial information for these segments have been provided in Consolidated Financial Results as per Ind AS 108- Operating Segments 4 The Statutory Auditors of the Company have conducted limited review of the financial result for the Half Year ended 30092026. An unqualified report has been issued by them thereon 5 Details of Employee Stock Option for the quarter and year ended 30092026 are as follows LMEL Employee Stock Option Plan 2017 and 2024 Number of options outstanding at the beginning of the period 01072026 6766112 Number of options exercisable at the beginning of the period 01072026 273323 Number of options Granted during the period Number of options Vested during the period 142069 Number of options Lapsed during the period 191986 Number of options Exercised during the period 179142 Number of options outstanding at the end of the period 30092026 6433976 Number of options exercisable at the end of the period 30092026 234331 6 During FY 202425 the Company issued preferential convertible warrants and in FY 202526 allotted equity shares upon conversion of those warrants The exercise raised gross proceeds of Rs 2722.83 crores The details of utilisation of preferntial convertible warrants of Rs2722.83 crores is as follows Sr No Object of the Issue of Placement Documents Amount allocated Quarter ending 30062026 Year ending 31032026 Amount Utilised Unutilised Amount Amount Utilised Unutilised Amount 1 Funding of capital expenditure for expansion of DRI Plant and power plant at Ghugus, Chandrapur. 714.74 391.87 38.64* 383.81 636.90* 2 Funding of capital expenditure for expansion of pellet capacity by setting up an additional 1X 4 MTPA Pellet Plant at Konsari, Ghadchiroli 1327.38 1611.63 1021.43 3 General Corporate Purposes 680.71 680.69 680.69 Total 2722.83 2684.19 38.64 2085.93 636.9 Unutilised amount was lying in HDFC Bank Rs. 271.12 crores As at 31 March 2026 166.71 crores account which is presented under cash and cash equivalents and remaining amount shown as current financial assets Rs. Nil As at 31 March 2026 470.19 crores in the financial statements. 7 On 22092026 LMEL subscribed to the rights issue of equity shares of TEIPL in the ratio of one equity share for every 20 equity shares held as on the record date 31082026 Subsequently on 29092026 TEIPL allotted 35000000 equity shares to LMEL at an issue price of Rs.173.36 per equity share aggregating to Rs.606.76 crore 8 The Scheme of Amalgamation of TPPL or the Transferor Company with BRPL or the Transferee Company was approved by the Regional Director South Eastern Region Hyderabad vide Order dated 25042026 The certified copy of the Order was received by the Company on 02052026 and was duly filed with the Registrar of Companies on 21052026 Accordingly in terms of the Scheme the Effective Date of the amalgamation is 21052026 As provided in the Scheme the Appointed Date of the amalgamation is 01042025 Accordingly the amalgamation has been accounted for from the Appointed Date and the financial statements of BRPL have been prepared after giving effect to the Scheme from that date Pursuant to the Scheme the Company has issued and allotted equity shares to the eligible shareholders of TPPL Tata Steel Limited and LMEL in accordance with the approved share exchange ratio Pursuant to the amalgamation there will be no change in the shareholding percentage of LMEL in BRPL 9 Additional Information pursuant to Regulation 52 4 of Securities and Exchange Board of India LODR Sr. No. Particulars Quarter Ended Half Year ended Year Ended 30092026 30062026 30092025 30062026 30092025 31032026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 Debt Equity Ratio Total Debt/Total Equity 1.22 1.33 0.98 1.22 0.98 1.43 2 Debt Service Coverage ratio Earning before finance cost depreciation and amortisation excluding other income/Debt and lease liabilities payble within one year service Not Annualized except for the year ended 31032026 0.38 0.56 0.40 1.00 0.72 0.94 3 Interest Service coverage ratio Earning before finance cost depreciation and amortisation/Finance cost Not Annulized except for the year ended 31032026 6.52 9.73 6.17 8.92 10.07 11.26 4 Current Ratio Current Assets/Current Liabilities 0.82 0.84 1.03 0.82 1.03 0.81 5 Long term debt to working capital Non-current borrowings add current maturities of long term borrowings Current Assets - Current liabilities -9.97 -10.16 33.72 -9.97 33.72 -6.09 6 Bad debts to Accounts receivable ratio (Bad debt expense/ Closing Trade Receivable) 0.00 0.00 - - - - 7 Current liability ratio Current liabilities/ Total Liabilities 0.36 0.40 0.51 0.36 0.51 0.44 8 Total Debt to asset ratio Total Debts/Total Assets 0.44 0.46 0.40 0.44 0.40 0.49 9 Debtors Turnover No. of days Average trade receivable / Revenue from operations multiplied by no. of days 17.06 11.41 21.12 46.05 25.55 17.62 10 Inventory Turnover no. of days Average inventory / Cost of goods sold multiplied by no. of days 46.83 45.60 42.00 535.87 47.81 222.33 11 Operating EBITA Margin per Earnings before Depreciation, Interest and Tax / Revenue from operations 31.32per 38.26per 28.15per 37.07per 30.38per 37.13per 12 Net Profit Margin per Net profit after tax / Revenue from operations 17.91per 23.17per 14.86per 21.77per 19.66per 22.37per 13 Paid up equity share capital Face value of Rs. 1 each Rs. In Crores 56.30 56.28 52.64 56.30 52.64 56.28 14 Other Equity excluding redemption reserve and capital redemption reserves Rs. In Crores 16661.93 15423.44 7574.87 16661.93 7574.87 13730.32 15 Debenture Redemption Reserves Rs. In Crores 6.50 6.50 - - - 6.50 16 Capital Redemption Reserves Rs. In Crores 77.79 77.79 77.73 77.79 77.73 77.79 17 Share Application money pending - - - - - - 18 Outstanding redeemable Preference shares in numbers including issued by subsidiary companies 137722724 137722724 215722274 215722274 215722274 215722274 19 Outstanding redeemable preference shares Rs. In Crores 1377.23 1377.23 2157.22 2157.22 2157.22 2157.22 20 Networth Rs. In Crores 18645.99 15941.59 8159.07 18645.99 8159.07 14266.05 10 The figures for the corresponding previous period have been regrouped / reclassified wherever necessary to make them comparable 11 The results for the half year ended 30092026 are available on the website of BSE at www.bseindia.com NSE at www.nseindia.com and on Company's website at www.lloyds.in For and on behalf of the Board of Directors of Lloyds Metals and Energy Limited Rajesh Gupta Managing Director DIN 00028379 Date 0311026 Place Mumbai



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 12,57,600.00
Capital work-in-progress 18,17,429.00
Investment property
Goodwill 1,17,523.00
Other intangible assets 2,23,838.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 1,07,519.00
Trade receivables, non-current
Loans, non-current 86,086.00
Other non-current financial assets
1 Others Financial assets 1,315.00
Total of other non-current financial assets 1,315.00
Total non-current financial assets 1,94,920.00
Deferred tax assets (net)
Other non-current assets
1 Non-Current tax assets (net) 8,880.00
2 Other non-current assets 5,64,461.00
Total of other non-current assets 5,73,341.00
Total non-current assets 41,84,651.00
2 Current assets
Inventories 2,19,370.00
Current financial asset
Current investments 13,656.00
Trade receivables, current 1,75,531.00
Cash and cash equivalents 1,24,749.00
Bank balance other than cash and cash equivalents 63,313.00
Loans, current 35,116.00
Other current financial assets
Total of other current financial assets 33,375.00
Total current financial assets 4,45,740.00
Current tax assets (net) 6,785.00
Other current assets
1 Other current assets 2,99,183.00
Total of other current assets 2,99,183.00
Total current assets 9,71,078.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 51,55,729.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 5,630.00
Other equity 16,15,148.00
Total equity attributable to owners of parent 16,20,778.00
Non controlling interest 2,43,821.00
Total equity 18,64,599.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 18,14,046.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease liabilities 22,117.00
2 Other financial liabilities 4,061.00
Total of other non-current financial liabilities 26,178.00
Total non-current financial liabilities 18,40,224.00
Provisions, non-current 24,930.00
Deferred tax liabilities (net) 24,405.00
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 2,13,405.00
Total of other non-current liabilities 2,13,405.00
Total non-current liabilities 21,02,964.00
Current liabilities
Current financial liabilities
Borrowings, current 4,55,014.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 11,218.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,65,047.00
Total Trade payable 2,76,265.00
Other current financial liabilities
1 Lease liabilities 9,310.00
2 Other financial liabilities 53,065.00
Total of other current financial liabilities 62,375.00
Total current financial liabilities 7,93,654.00
Other current liabilities 3,68,571.00
1 Other current liabilities 3,68,571.00
Total of other current liabilities 3,68,571.00
Provisions, current 7,954.00
Current tax liabilities (Net) 17,987.00
Deferred government grants, Current
Total current liabilities 11,88,166.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 32,91,130.00
Total equity and liabilites 51,55,729.00
Disclosure of notes on assets and liabilities



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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
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 Mining 1,53,149.00 5,03,410.00
2 Steel and related value added products 3,18,999.00 5,45,924.00
3 MDO Operation and other related services 2,01,686.00 4,77,926.00
4 Copper and related product 33,393.00 52,474.00
Total Segment Revenue 7,07,227.00 15,79,734.00
Less: Inter segment revenue 1,39,974.00 2,97,470.00
Revenue from operations 5,67,253.00 12,82,264.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Mining 46,198.00 1,66,721.00
2 Steel and related value added products 96,019.00 1,77,634.00
3 MDO Operation and other related services 13,720.00 71,888.00
4 Copper and related product 1,824.00 (3,727.00)
Total Profit before tax 1,57,761.00 4,12,516.00
i. Finance cost 23,915.00 34,629.00
ii. Other Unallocable Expenditure net off Unallocable income 2,717.00 2,835.00
Profit before tax 1,31,129.00 3,75,052.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Mining 6,23,360.00 6,23,360.00
2 Steel and related value added products 15,84,385.00 15,84,385.00
3 MDO Operation and other related services 7,58,340.00 7,58,340.00
4 Copper and related product 15,69,801.00 15,69,801.00
Total Segment Asset 45,35,886.00 45,35,886.00
Un-allocable Assets 6,19,843.00 6,19,843.00
Net Segment Asset 51,55,729.00 51,55,729.00
4 Segment Liabilities
Segment Liabilities
1 Mining 6,56,566.00 6,56,566.00
2 Steel and related value added products 3,69,216.00 3,69,216.00
3 MDO Operation and other related services 6,54,858.00 6,54,858.00
4 Copper and related product 12,80,220.00 12,80,220.00
Total Segment Liabilities 29,60,860.00 29,60,860.00
Un-allocable Liabilities 3,30,270.00 3,30,270.00
Net Segment Liabilities 32,91,130.00 32,91,130.00
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
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
1 Item that will not be reclassified to profit or loss 76.00 37.00
Total Amount of items that will not be reclassified to profit and loss 76.00 37.00
2 Income tax relating to items that will not be reclassified to profit or loss 98.00 84.00
3 Amount of items that will be reclassified to profit and loss
1 Item that will be reclassified to profit or loss (3,618.00) (5,743.00)
Total Amount of items that will be reclassified to profit and loss (3,618.00) (5,743.00)
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (3,640.00) (5,790.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3,77,887.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 53,266.00
Adjustments for decrease (increase) in inventories 46,590.00
Adjustments for decrease (increase) in trade receivables, current 0.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets (3,32,419.00)
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 0.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 3,12,106.00
Adjustments for depreciation and amortisation expense 47,046.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (844.00)
Adjustments for dividend income 0.00
Adjustments for interest income 10,735.00
Adjustments for share-based payments 9,435.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (2,830.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 1,21,615.00
Net cash flows from (used in) operations 4,99,502.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 88,034.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 4,11,468.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 7,61,983.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 196.00
Purchase of other long-term assets 8,840.00
Cash advances and loans made to other parties 27,503.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 10,735.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (7,87,395.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 49,990.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 11.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 2,97,383.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 5,628.00
Interest paid 53,266.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 2,88,490.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (87,437.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (87,437.00)
Cash and cash equivalents cash flow statement at beginning of period 2,12,186.00
Cash and cash equivalents cash flow statement at end of period 1,24,749.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Todarwal & Todarwal LLP Yes 31-05-2028