IND Renewable Energy Ltd

Board action on Q1 results

• Board approves unaudited standalone results for quarter ended June 30, 2026.
• Limited Review Report on the unaudited results noted by Statutory Auditors.
• Audited results available on the company's website.
• Board meeting held on August 13, 2026.

Board meeting adjournment

• Board meeting adjourned from Aug 11 to Aug 13, 2026 to consider Q1 2026 unaudited results.

Dematerialisation/rematerialisation status

• Dematerialisation requests during quarter ended 30 June 2026 were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges.
• Physical certificates for dematerialisation were mutilated and cancelled after verification; depository name substituted as registered owner within timelines.

Financial Performance 📊

• Net loss before tax widened to Rs 15.62 lacs from Rs 7.95 lacs in prior period.
• Interest expense decreased to Rs 0.05 lacs from Rs 0.69 lacs previously.
• Operating cash outflow reduced to Rs 3.85 lacs from Rs 5.81 lacs.

Balance Sheet & Cash Flow

• Total assets slightly decreased to Rs 2,672.35 lacs from Rs 2,688.67 lacs as of March 31, 2025.
• Loans and advances marginally declined to Rs 2,658.40 lacs from Rs 2,675.14 lacs.
• Total equity increased slightly to Rs 2,604.64 lacs from Rs 2,603.70 lacs.
• Borrowings rose to Rs 47.22 lacs from Rs 38.90 lacs.
• Cash and cash equivalents remained stable at Rs 0.45 lacs.
• Net cash inflow from financing activities was Rs 4.30 lacs, mainly from borrowings.

Corporate Actions & Governance

• Board approved the unaudited standalone Q2 FY2026 results on February 5, 2026.
• Auditor’s review report expressed no material misstatement or qualification.

Business Model & Segments

• Company operates in renewable energy sector, formerly known as Vakharia Power Infrastructure Limited.