Announced Wed, 12 Nov · 20:23 IST

Outcome of Board Meeting held on November 12, 2025

Board & Shareholder Meetings View source PDF

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AI summary

The Board of Directors of Aspira Pathlab & Diagnostics met on November 12, 2025 and approved two key items. First, the unaudited standalone financial results for Q2 and half-year ended September 30, 2025 showed strong growth: revenue from operations jumped to ₹809.28 lakhs in Q2 FY26 from ₹617.76 lakhs in Q2 FY25 (~31% YoY), and profit after tax nearly doubled to ₹183.54 lakhs from ₹99.03 lakhs. Half-yearly PAT surged to ₹230.49 lakhs vs ₹97.36 lakhs last year. Second, the Board appointed Mrs. Kiran Raghavendra Awasthi (a Chartered Accountant with 28 years of experience) as Additional Independent Director for a 5-year term, subject to shareholder approval. The company also noted the acquisition of Aspira DNA Diagnostics Gujarat LLP's business on a slump sale basis for ₹13 lakhs, effective June 30, 2025, which means no consolidated results are required going forward.

Likely market impact

Strong Q2 results with nearly 85% YoY growth in profit and 31% revenue growth signal robust operational momentum. The independent director addition strengthens board governance, while the consolidation of the LLP business simplifies the group structure.