National Standard (India) Ltd Announces Q1 Results and Reappoints Independent Director

National Standard (India) Ltd Announces Q1 Results and Reappoints Independent Director

National Standard (India) Ltd Announces Q1 Results and Reappoints Independent Director​

National Standard (India) Limited announced its unaudited financial results for the quarter ended June 30, 2026, along with key corporate decisions following a Board meeting held on July 20, 2026. The company also confirmed the re-appointment of Ms. Ritika Bhalla as an Independent Director and scheduled its upcoming Annual General Meeting (AGM).

The financial results were reviewed by Statutory Auditors MSKA & Associates LLP. In addition to approving the financial performance, the Board meeting addressed the extension of a director's tenure and the scheduling of the company's 63rd AGM.

Financial Performance Highlights​

For the quarter ended June 30, 2026, National Standard (India) Limited reported a Total Income of 346.67 lakh. The unaudited results showed that Revenue from Operations was 101.57 lakh, while Other Income stood at 448.24 lakh for the quarter. Profit before tax stood at 339.48 lakh.

The company operates in a single reportable segment: Real estate development, and all operations are confined to India. During the reporting period, the company reversed revenue from a deed of cancellation for a unit sold in an earlier year, recording a loss of 101.57 lakh with a corresponding cost reversal of 37.37 lakh.

The financial status across several periods is detailed below:

ParticularsQ Ended June 30, 2026 (Unaudited)Q Ended March 31, 2026 (Audited)Q Ended June 30, 2025 (Unaudited)Year Ended March 31, 2026 (Audited)
Total Income346.67464.36433.713,995.77
Total Expenses7.19299.17285.022,667.84
Profit before tax339.48165.19148.691,327.93
Profit for the period/year254.04116.3198.68965.89
Paid up equity share capital2,000.002,000.002,000.002,000.00
Earnings Per Share (Basic and Diluted)1.270.580.494.83

Governance Updates and AGM Schedule​

The Board meeting also reviewed the re-appointment of Ms. Ritika Bhalla as an Independent Director for a second term. This appointment is subject to shareholder approval and extends from July 12, 2027, to July 11, 2032. Ms. Bhalla possesses experience in corporate law compliance and advisory, due diligence, Audit, and has assisted foreign companies in setting up business in India.

The company announced that its 63rd Annual General Meeting (AGM) is scheduled for Friday, August 28, 2026, at 3:00 p.m. (IST). The meeting will be conducted through Video Conferencing (VC) or other Audio-Visual Means (OAVM).

Stock Price Movement​

National Standard (India) Ltd settled at ₹396.05 on Monday, experiencing a notable decline of 4.99%. This stock spent the entire day completely flat, as its high and low remained locked at ₹396.05.
 

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