Adroit Infotech Limited has informed the Exchange regarding Board meeting held on July 22, 2025.
ADROITINFO · price
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Adroit Infotech's board met on July 22, 2025 and approved its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results. On a consolidated basis, total income rose to ₹1,047 lakhs from ₹691.97 lakhs in Q1 FY25, a ~51% jump, while profit after tax grew to ₹84.23 lakhs from ₹48.52 lakhs (~74% growth). Standalone PAT stood at ₹48.14 lakhs vs ₹34.78 lakhs in the year-ago quarter. The board also approved the closure of its 100% US subsidiary, Adroit Infotech US Inc., and changed the internal auditor from P R Chandra & Co to M/s. D Ravi & Co. for FY25-26. Two new independent directors were appointed, while one non-executive director and one independent director resigned, prompting a full reconstitution of board committees.
Q1 FY26 shows a strong rebound in both revenue and profit on a low base, which is mildly positive for the stock. However, the closure of the US subsidiary and a high director turnover may raise governance questions for retail investors to monitor closely.