Thirumalai Chemicals Ltd – Q1 FY26 Results Summary
Announcement Date: 14 August 2025
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Financial Highlights (Standalone vs Consolidated Q1 FY26):
- Revenue: ₹44,550 lakhs (standalone), ₹45,005 lakhs (consolidated)
- Net Loss: ₹1,383 lakhs (standalone), ₹5,996 lakhs (consolidated)
- EPS (Basic & Diluted): (₹1.35) standalone, (₹5.86) consolidated
- Significant decline from Q1 FY25 profits and Q4 FY25 results; consolidated losses driven by one subsidiary’s ₹1,351 lakhs net loss.
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Segment: Single reportable segment—manufacture and sale of organic chemicals.
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Balance Sheet / Investments:
- Board approved increase in investment limit in TCL Specialties LLC (US subsidiary) from USD 105 million to USD 165 million via equity or debt.
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Management Commentary & Corporate Actions:
- No changes in accounting policies; results prepared under Ind AS 34 and SEBI regulations.
- Deferred tax credit reflected as negative tax expense in Q1 FY26.
- Positive other comprehensive income in Q1 FY26 compared to previous quarter.
- Key management changes: Appointment of new Company Secretary and Compliance Officer effective 18 August 2025; resignation of Non-Executive Director and outgoing Company Secretary effective mid-August 2025.
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Other Notes:
- No disclosures on capital expenditure, impairments, restructuring, or cost-cutting measures.
- Auditor’s limited review reports unqualified with no qualifications or concerns.
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Outlook: Not provided in this filing.