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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arex Industries reported weak Q1 FY26 results with revenue from operations at Rs. 1,126.73 lakhs, down about 13% from Rs. 1,296.93 lakhs in Q1 FY25. Profit before tax fell sharply to Rs. 34.08 lakhs from Rs. 123.46 lakhs, and profit after tax dropped to Rs. 24.69 lakhs from Rs. 82.97 lakhs — a decline of around 70% year-on-year. Basic EPS stood at Rs. 0.69 versus Rs. 2.10 in the same quarter last year. The auditor (Sweta Patel & Associates) issued an unmodified limited review report with no qualifications. The Board also approved the 36th AGM for September 29, 2025, re-appointment of three promoter-family Managing Directors from August 1, 2026, and an amendment to the MoA to add packaging materials (aluminium foils, lamination, cardboard, plastic, etc.) to its business objects.
Sharp YoY fall in both revenue (~13%) and profit (~70%) is likely to be viewed negatively by investors and could weigh on the stock in the short term. The diversification into packaging materials via MoA amendment is a strategic development to watch at the AGM.