Announced Fri, 24 Jul, 2026 · 16:42 IST
Q1 FY27 results: Revenue drops 96% YoY, company posts loss
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Antariksh Industries Q1 FY27 revenue fell to Rs 21.65 lakhs from Rs 516.66 lakhs a year ago, a sharp 96% decline. The company swung to a loss of Rs 13.23 lakhs versus a small profit of Rs 0.14 lakhs in Q1 FY26. EPS was negative Rs 6.46. Board also recommended Nitin K Shah and Co as statutory auditors for 5 years and appointed PNK and Co as secretarial auditor for FY27.
Likely market impact
Sharp revenue drop and quarterly loss signal continued weakness in the business; auditor rotation is a routine governance event pending shareholder approval.