Outcome of Board Meeting held on August 14, 2025
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The Board of Apis India approved the unaudited financial results for the quarter ended June 30, 2025. On a standalone basis, revenue from operations was Rs. 8,685.74 lakhs versus Rs. 8,707.57 lakhs in Q1 FY25 (broadly flat), while profit after tax rose modestly to Rs. 400.97 lakhs from Rs. 391.03 lakhs. Standalone EPS was Rs. 7.86 versus Rs. 7.68. On a consolidated basis, total income was Rs. 8,770.80 lakhs, but net profit after share of associates dropped sharply to Rs. 252.76 lakhs from Rs. 526.59 lakhs in Q1 FY25, mainly because the company booked a loss of Rs. 148.21 lakhs from associates versus a profit of Rs. 135.56 lakhs a year ago. The Board also appointed M/s Gopal Chopra & Associates as the new internal auditor for FY26, approved extension of the Managing Director's remuneration period (subject to shareholder approval), and fixed the 43rd AGM for September 30, 2025, with the share transfer books closed from September 23 to 30, 2025. The statutory auditor issued a clean limited review report on both standalone and consolidated results.
Standalone performance is steady, but the sharp fall in consolidated net profit driven by associate-level losses is a point to watch. Otherwise, this is a routine quarterly compliance filing with no major governance red flags, and shareholders should look out for the AGM on September 30, 2025 for the MD remuneration vote.