Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Advance Petrochemicals' Board met on August 13, 2025 and approved standalone unaudited results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations fell to ₹951.09 lakhs from ₹1,080.19 lakhs in the same quarter last year, a decline of roughly 12%. Net profit after tax slipped to ₹1.18 lakhs from ₹1.36 lakhs, while EPS came in at ₹0.13 versus ₹0.15 previously. The statutory auditor (Suresh R Shah & Associates) issued an unqualified limited review report. The Board also approved the 40th AGM notice, Directors' Report for FY25, appointed new Internal and Secretarial Auditors, and recommended re-appointment of the statutory auditor for a second 5-year term up to the 2030 AGM.
Weak Q1 performance with both revenue and profits contracting year-on-year, though absolute numbers remain very thin (sub-₹2 lakh profit). For shareholders, the main governance highlights are the auditor reappointment and continuity; near-term stock impact is likely limited given the small scale of operations.