Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Algoquant Fintech Limited has informed about Board Meeting Outcome for ....
ALGOQUANT · price
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Algoquant Fintech's board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations stood at ₹5,449.51 lakh, down from ₹6,563.08 lakh in the restated Q1 FY25 — a decline of about 17% year-on-year. Net profit fell sharply to ₹455.36 lakh from ₹1,401.15 lakh, a drop of roughly 67%, while EPS (adjusted for split and bonus) came in at ₹0.16 versus ₹0.50 earlier. Prior period figures have been restated to reflect the NCLT-approved composite scheme of arrangement that amalgamated Algoquant Investments Pvt Ltd and the stock broking business of Growth Securities Pvt Ltd into the company, effective April 1, 2023. The board also noted a 1:2 stock split (face value ₹2 to ₹1) and an 8:1 bonus issue, both with a record date of August 18, 2025. The auditor (O P Bagla & Co LLP) issued an unqualified limited review report with an emphasis of matter pointing to Note 3 on the restatement.
Sharp drop in profits on a restated basis may weigh on the stock, but the split and 8:1 bonus issue (record date Aug 18) will improve liquidity and affordability for retail investors going into the effective date.