Unaudited financial results (Standalone & Consolidated) for the quarter ended June 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Board approved unaudited Q1 FY26 results (quarter ended June 30, 2025). Standalone revenue from operations fell to Rs 86.02 lakhs from Rs 96.27 lakhs YoY (~10.6% decline), with standalone PAT at Rs 7.02 lakhs vs Rs 6.24 lakhs. Consolidated revenue was nearly flat at Rs 320.09 lakhs vs Rs 319.46 lakhs, while consolidated PAT jumped to Rs 72.05 lakhs from Rs 33.05 lakhs, largely aided by a deferred tax credit. Auditors Banka & Banka issued an unqualified limited review report. The Board also approved a proposal to change the company name to 'Shivanshi Industries Limited', raising up to Rs 50 crore via loans convertible into equity shares, and reappointed Banka & Banka as statutory auditors for another 5-year term.
Mixed results: standalone packaging business is shrinking while consolidated numbers are propped up by tax adjustments. The proposed Rs 50 crore convertible loan could lead to equity dilution, and the name change hints at a possible strategic pivot beyond packaging.