Delta Manufacturing Limited Announces Qended June 30, 2026 Results and Board Approvals
Delta Manufacturing Limited announced its un-audited financial results for the quarter ended June 30, 2026, alongside several key governance decisions made by the Board of Directors. The company's board adopted the standalone and consolidated financial statements, approved a remuneration revision for its Managing Director, and reviewed the continued directorship of an Independent Director.The Company also decided to hold its Annual General Meeting on September 30, 2026, via Video Conferencing (VC)/Other Audio-Visual Means (OAVM).
Qended June 30, 2026 Financial Performance
The un-audited financial results for the quarter ended June 30, 2026, showed varied performance across both standalone and consolidated operations. The figures are presented in INR in lakhs unless specified.Standalone Operations Summary:
| Particulars | Quarter Ended June 30, 2026 |
|---|---|
| Revenue from operations | 1,907.61 |
| Total income (I + II) | 1,938.36 |
| Total Expenses | 1,923.04 |
| Profit before tax | 15.32 |
| Profit for the period from continuing operation | 15.32 |
| Total comprehensive income | 34.71 |
Consolidated Operations Summary:
The consolidated results indicated a loss for the quarter ended June 30, 2026.
| Particulars | Quarter Ended June 30, 2026 |
|---|---|
| Revenue from operations | 1,907.61 |
| Total income (I + II) | 1,938.36 |
| Total Expenses | 1,923.11 |
| Profit before exceptional items and tax | 15.25 |
| Profit for the period from continuing operation | (45.87) |
| Total comprehensive income | (26.48) |
Key Board Decisions and Governance Updates
The Board of Directors took several resolutions regarding compensation, director status, and shareholder classification following the meeting held on August 12, 2026.Management Appointments and Remuneration:
The Board approved a revision in the remuneration payable to Dr. Ram H. Shroff, Managing Director and Executive Vice Chairman of the Company. This increased remuneration will be effective from April 1, 2026, until September 30, 2028, subject to approval by the Members at the forthcoming Annual General Meeting.
Director Tenure and Status:
The Board recommended the continuation of Mr. Aurobind Patel's directorship as a Non-Executive, Independent Director. This recommendation is based on his attaining the age of 75 years, with the continuation effective from January 7, 2027.
Additionally, the Board approved the application to reclassify Mr. Chand Arora from the 'Promoter Group' category to the 'Public Category', subject to obtaining No Objection Certificates (NOC) from the Stock Exchanges and SEBI.
Operational Notes
The financial results detailed reflect that the operational performance of both the Hard ferrite and Soft ferrite business segments is shown under Discontinued Operation within the relevant statements. The Company’s sole reportable segment is Textiles.DELTAMAGNT Stock Price Movement
Delta Manufacturing Limited shares slipped on Wednesday, settling at ₹58.14 after shedding 3.89% from the prior close. The equity traded down by ₹2.33 during the session, with the stock briefly dipping to a low of ₹57.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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