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Arex Industries' board met on August 13, 2025 and approved unaudited Q1 FY26 results (quarter ended June 30, 2025). Revenue from operations fell to Rs. 1,126.73 lakhs from Rs. 1,296.93 lakhs in Q1 FY25, a decline of about 13%. Profit after tax dropped sharply to Rs. 24.69 lakhs (from Rs. 82.97 lakhs), while EPS came in at Rs. 0.69 versus Rs. 2.09 earlier. The auditor (Sweta Patel & Associates) issued an unqualified limited review report. The board also approved re-appointment of three Bilgi-family Managing Directors for a 3-year term starting August 1, 2026, fixed the 36th AGM for September 29, 2025 via video conferencing, and amended the MOA to allow expansion into packaging materials.
The sharp YoY fall in both revenue and profit signals weaker quarterly performance, which may weigh on short-term sentiment. The expansion of business scope and continuity of promoter-family leadership provide long-term stability but introduce governance concentration risk.