Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.2 pts more than Nifty Microcap 250 and 6.7 pts more than its Telecommunication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board, at its meeting on February 10, 2026, approved the unaudited financial results for Q3 and 9M ended December 31, 2025. Q3 revenue from operations rose to Rs 4,796.40 lakhs (vs Rs 4,192.61 lakhs in Q3 FY25, ~14% growth), with PAT of Rs 613.15 lakhs (vs Rs 582.52 lakhs). However, the 9M picture was weaker – revenue dipped slightly to Rs 13,882.30 lakhs (vs Rs 14,135.61 lakhs) and PAT fell sharply to Rs 1,541.54 lakhs (vs Rs 2,150.82 lakhs, ~28% decline). Segment-wise, the Telecom business shrank notably (9M revenue down ~33%) while IT-Networking grew modestly. The Board also appointed Ms. Lin Xia Smyth (Amphenol Corp counsel) and Mr. Vineeth Chandran (Company Secretary at an Amphenol subsidiary) as Non-Executive Non-Independent Directors, and accepted the resignations of Mr. Rakesh Bhanushali and Mr. Jonathan Murphy. Auditor SRBC & Co LLP issued a clean limited review report.
Short-term sentiment is mixed – Q3 shows a sequential recovery, but the 9M contraction in revenue and the ~28% PAT drop, driven by telecom weakness and margin compression, raise concerns about full-year earnings. The director reshuffle reflects routine parent (Amphenol) board representation rotation and is not a governance red flag.