Parle Industries Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a net loss of ₹629.55 lakh for the quarter. This figure is significantly impacted by an exceptional item of ₹650.00 lakh, which includes a substantial write-down of inventory.
Parle Industries Reports Q1 FY27 Financials
Parle Industries Limited has disclosed its unaudited financial results for the quarter that concluded on June 30, 2026. The company experienced a consolidated loss of ₹628.44 lakh for the period, with the standalone net loss standing at ₹629.55 lakh.
Exceptional Item Drives Loss
A significant factor impacting the company’s profitability during the quarter was an exceptional item amounting to ₹650.00 lakh. This exceptional charge primarily relates to a write-down of inventory by ₹6.50 crore (₹650.00 lakh) within the Infrastructure Division. The management determined that the net realisable value of this inventory had become nil, necessitating the write-down in accordance with applicable accounting standards.
Key Financial Highlights (Standalone)
For the quarter ended June 30, 2026, the standalone revenue from operations stood at ₹605.00 lakh. Total expenses for the period were ₹584.66 lakh. Profit before exceptional items and tax was ₹20.45 lakh. After accounting for the exceptional item and tax expenses, the resulting loss before tax was ₹629.55 lakh.
Segment Performance
The company’s report highlights two key segments: Infrastructure & Real Estate and Paper Waste Recycling. The Infrastructure & Real Estate segment generated revenue of ₹605.00 lakh. The total capital employed across all segments was ₹11,004.64 lakh as of June 30, 2026.
Auditor’s Review
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 12, 2026. The independent auditor’s report draws attention to the ‘Share Swap Transaction and Arbitration’ and the ‘Write-down of Inventory’ as emphasis of matter, noting that the ultimate outcome of arbitration proceedings and the consequential financial impact remain undetermined. Similarly, the impact of the inventory write-down is based on management’s assessment as at June 30, 2026.
Source: BSE
