Adroit Infotech Limited has informed the Exchange regarding Board meeting held on July 22, 2025.
ADROITINFO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Adroit Infotech's board approved unaudited Q1 FY26 results (quarter ended June 30, 2025) with consolidated income from operations rising to ₹982.69 lakhs from ₹655.59 lakhs a year ago, a jump of about 50%. Consolidated profit after tax came in at ₹84.23 lakhs versus ₹45.20 lakhs in Q1 FY25, nearly doubling, while standalone PAT was ₹48.14 lakhs versus ₹34.78 lakhs. The company also appointed two new independent directors (Mr. Srinivas Parankusam and Mr. Jammula Venkata Raja Sekhar Reddy), accepted the resignation of two directors, and approved the closure of its 100% US subsidiary, Adroit Infotech US Inc. Internal auditors were changed from M/s. P R Chandra & Co to M/s. D Ravi & Co for FY 2025-26, and the audit committee was reconstituted. The statutory auditor issued an unmodified review report.
Strong YoY revenue and profit growth on the consolidated side is positive for shareholders, but much of the improvement comes from a low base and the absence of the large exceptional loss that hit Q1 FY25. The closure of the loss-making US subsidiary and fresh independent directors on the board are governance positives, though frequent board churn may draw investor attention.