Outcome of Board Meeting held today i.e., Wednesday, 06th August, 2025
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7NR Retail's board approved unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose to ₹495.31 lakhs from ₹404.72 lakhs in Q1 FY25, a YoY growth of about 22%. However, the company posted a net loss of ₹10.50 lakhs, though this was significantly narrower than the ₹50.64 lakh loss in the same quarter last year. EPS stood at ₹(0.037) versus ₹(0.181) earlier. The board also approved the Director's Report for FY25, fixed the 13th AGM for September 10, 2025 via video conferencing, appointed Ms. Krishna Hareshbhai Bhatt as an Additional Independent Director for 5 years, reconstituted the Audit, Nomination & Remuneration, and Stakeholder Relationship Committees, and appointed Jay Pandya & Associates as Secretarial Auditors for FY26–FY30. The statutory auditor S S R V & Associates issued an unqualified limited review report.
Positive revenue momentum (over 20% YoY) and a sharply narrower loss signal operational improvement, though the company remains in the red on a quarterly basis. New independent director and fresh secretarial auditor strengthen governance; AGM on September 10 will seek shareholder nod for these appointments.