Tijaria Polypipes Reports Standalone Unaudited Results for Quarter Ended June 30, 2026; Loss Reported
Tijaria Polypipes Limited has released its Standalone Un-audited Financial Results and a Limited Review Report for the quarter ended on June 30, 2026. The results indicate a significant net loss for the period.The company reported Total Income of ₹5.29 Crores (Lacs) in the quarter. However, expenses stood at ₹41.40 Crores, resulting in a Profit/(Loss) before tax of -₹36.11 Crores. The earnings per share (EPS) for the period was recorded at -0.13.
The management confirmed that these financial results were reviewed and approved by the Board of Directors during a meeting held on August 13, 2026.
Segmental Performance and Financial Highlights
The company operates in two primary segments: Pipes and Textiles. The segmented performance data for the quarter ended June 30, 2026, showed losses across both divisions.In the Pipe segment, the result before interest and tax was -9.71 Crores. Meanwhile, the Textile segment reported a pre-tax loss of -12.00 Crores.
Key figures from the financial statements for the quarter ended June 30, 2026 are presented below:
| Particulars | Quarter Ended Un-Audited 30.06.2026 (Lacs) | Audited 31.03.2026 (Lacs) | Un-Audited 30.06.2025 (Lacs) | Year Ended Audited 31.03.2026 (Lacs) |
|---|---|---|---|---|
| Total Income | 5.29 | 6.60 | 2.14 | 22.29 |
| Total Expenses | 41.40 | 36.52 | 28.76 | 151.01 |
| Profit/(Loss) for the period | -36.11 | -29.92 | -26.62 | -128.72 |
Bank Action and Operational Matters
The independent auditor’s report highlighted several material operational aspects concerning the company's financing and assets. The audit noted that Bank of India declared Non-Performing Assets (NPA) to the Company on June 30, 2026, relating to an outstanding loan amount of ₹7116.27 Lacs (including a guarantee worth Rs. 57 lacs, totaling ₹7173.27 Lacs). This NPA status has been reflected in the financials as Loan against shares forfeited.The auditor also noted that during the current quarter, Bank of India sold 71,69,116 shares of Tijaria Polypipes Limited for a total of Rs. 4,65,27,031 (Rs. 6.49 Per Share). Additionally, the bank forfeited Fixed Deposit along with Interest amounting to ₹66,54,979 and credited this amount towards the outstanding loan.
In other findings detailed by the audit team:
- The company has total outstanding receivables and advances to Suppliers of ₹2515.59 lacs as on June 30, 2026, but no interest was accrued on these loans or advances.
- Independent balance confirmation for outstanding Bank Balances as of June 30, 2026 were not received by the auditors.
The textile segment assets showed a Net Block of ₹12.04 Crores following Impairment of Plant and Machinery, while Gross Assets in that segment stood at ₹83.98 Crores.
TIJARIA Stock Price Movement
Today, shares of Tijaria Polypipes Limited rallied slightly, settling at ₹6.03 having advanced by 1.71% in post-market trading. The stock saw strong activity today, trading with a volume of 374,036 shares.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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