Ucal Limited to Consider September Quarter Results on October 30
Key highlights
- UCAL’s board will consider unaudited standalone and consolidated September-quarter and half-year FY27 results on October 30, 2026.
- UCAL reported June-quarter revenue of ₹203 crore, down 12.99% sequentially and up 4.43% year on year.
- June-quarter operating profit was ₹19.39 crore, compared with ₹17.97 crore in March 2026 and ₹10.21 crore in June 2025.
- UCAL received a Maharashtra GST show-cause notice on September 25, 2026, relating to discrepancies identified in a FY23 audit; no financial amount was disclosed.
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Ucal Limited will hold a board meeting on October 30, 2026, to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. The announcement follows a June 2026 quarter in which UCAL reported revenue of ₹203 crore, down 12.99% sequentially but up 4.43% year on year.
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When will UCAL announce its September 2026 quarter results?
UCAL’s board is scheduled to meet on Friday, October 30, 2026, to consider and approve the unaudited financial results for the September quarter and first half of FY27. The company disclosed the meeting date in a filing dated October 21, 2026.
The results will cover both standalone and consolidated performance for the quarter and half year ended September 30. The filing does not provide earnings guidance, operational targets, or preliminary financial figures ahead of the board meeting.
UCAL also said its trading window has been closed from October 1, 2026. It will remain closed until 48 hours after the results are declared, in line with the company’s code of conduct for prevention of insider trading.
At 11:34 am on October 30, UCAL shares were quoted at ₹129.50, up 2.98%. The supplied market data identifies October 30 as the upcoming earnings date, while the board meeting filing confirms that results are due to be considered on that date.
What did UCAL report in the June 2026 quarter?
UCAL reported revenue of ₹203 crore for the June 2026 quarter, compared with ₹235 crore in the preceding March 2026 quarter and ₹200 crore in the June 2025 quarter. This represented a 12.99% quarter-on-quarter decline and a 4.43% year-on-year increase.
Gross profit was ₹13 crore in the June quarter, with the supplied data showing growth of 50.11% from the prior quarter and 2,025.81% from a year earlier. Net profit was ₹5 crore, while the reported comparison figures showed a 144.33% quarter-on-quarter decline and a 197.17% year-on-year decline.
The data set also records operating profit of ₹19.39 crore for June 2026, compared with ₹17.97 crore in March 2026 and ₹10.21 crore in June 2025. Revenue and profitability metrics use the figures supplied with the company’s quarterly financial data.
How has UCAL’s quarterly revenue moved over recent periods?
UCAL’s quarterly revenue has moved within a relatively narrow range in recent periods, although there have been quarter-to-quarter fluctuations. Revenue was ₹194.52 crore in June 2025, ₹211.30 crore in September 2025, ₹198.52 crore in December 2025, ₹233.47 crore in March 2026 and ₹203.15 crore in June 2026 in the detailed sales table.
The separate quarterly financial table lists revenue of ₹197 crore for June 2025, ₹211 crore for September 2025, ₹200 crore for December 2025, ₹235 crore for March 2026 and ₹205 crore for June 2026. The source presents rounded figures in this series, while another table provides sales figures to two decimal places.
The September-quarter results will provide the next reported measure of whether revenue recovered from the lower June-quarter level. Until the board approves the results, UCAL has not disclosed September-quarter sales, margin, profit, or order-related information.
For investors, the announced results are relevant because the June quarter combined year-on-year revenue growth with a sequential revenue decline. The reported gross-profit and net-profit comparison percentages also point to changes in profitability against both comparison periods, but the filing does not explain the reasons for those movements.
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What corporate actions has UCAL completed recently?
UCAL completed its 40th Annual General Meeting through video conferencing on September 29, 2026. Shareholders adopted the audited financial statements for the year ended March 31, 2026, and approved all four resolutions placed before the meeting.
The resolutions included the reappointment of Mr. Abhaya Shankar, who retired by rotation, and approval of his remuneration for FY27-28 through a special resolution. Shareholders also ratified the remuneration of the cost auditor. The company said remote e-voting was available before the meeting and e-voting remained open for 15 minutes after it ended.
Voting results released on September 30 showed that all four items passed with the requisite majority. The source notes near-unanimous approval across the resolutions, with dissent recorded on the special resolution concerning director remuneration. The scrutinizer confirmed compliance with applicable SEBI LODR and Ministry of Corporate Affairs requirements.
These AGM matters were procedural corporate actions and did not include financial guidance. The adoption of FY26 audited accounts means the company’s next scheduled financial disclosure is the unaudited September-quarter and half-year result set.
What other regulatory disclosures has UCAL made?
UCAL disclosed that it received a show-cause notice from the Deputy Commissioner of State Tax, Government of Maharashtra, on September 25, 2026. The notice concerns discrepancies identified during a Goods and Services Tax audit for FY23.
The supplied disclosure does not state the financial amount involved, the company’s response, or a final outcome. Therefore, no quantified financial impact can be drawn from the available information.
Separately, UCAL received a certificate under Regulation 74(5) of the SEBI Depositories and Participants Regulations for the quarter ended September 30, 2026. Integrated Registry Management Services confirmed dematerialised securities processing and the cancellation of relevant certificates within 15 days, according to the filing.
That certificate is a routine compliance confirmation and contains no financial guidance. Together with the AGM disclosures and the upcoming board meeting, the recent filings set out UCAL’s governance and reporting calendar rather than any announced change in strategy or operations.
Conclusion
UCAL’s immediate focus is the board meeting scheduled for October 30, when it will consider unaudited standalone and consolidated results for the September 2026 quarter and the first half of FY27. The release follows June-quarter revenue of ₹203 crore, which was lower sequentially but higher than a year earlier, alongside reported changes in gross profit and net profit.
The key next disclosure is the approved September-quarter result, including updated revenue and profitability figures for the half year. Investors will also await any information UCAL provides on the September-quarter performance and any further disclosure related to the Maharashtra state tax show-cause notice.


