Alankit Limited has informed the Exchange regarding Board meeting held on August 14, 2025.
ALANKIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Alankit Limited's board approved Q1 FY26 (ended June 30, 2025) unaudited financial results, both standalone and consolidated. On a consolidated basis, total income rose strongly to ₹10,770.55 lakhs (vs ₹6,503.34 lakhs in Q1 FY25), driven by higher product and foreign currency sales, but net profit fell about 21% to ₹596.15 lakhs. On a standalone basis, revenue from operations dropped sharply to ₹1,602.37 lakhs (from ₹2,873.57 lakhs), pulling net profit down to ₹234.75 lakhs. The auditor flagged two Emphasis of Matter items: a large income tax demand of ₹18,498.53 lakhs (consolidated) for AY 2011-12 to 2020-21, and significant one-time entries — ₹1,080.20 lakhs of trade payables written back and ₹464.64 lakhs of trade receivables written off — that materially impacted quarterly results. The board also approved the 36th AGM for September 23, 2025, re-appointed N.C. Khanna as Secretarial Auditor for five years, and approved related party transactions.
Mixed signals for shareholders: strong top-line growth at the consolidated level was offset by a dip in profitability, partly inflated by non-recurring write-backs of old payables. The ₹18,498 lakh tax demand remains a material overhang, though management believes it is not tenable. Investors should watch resolution of the tax dispute and quality of underlying earnings.