Dear Sir, We are enclosing herewith the results.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aveer Foods reported Q1 FY26 (quarter ended June 30, 2025) revenue from operations of Rs. 3,401 lakhs, up about 22% from Rs. 2,786 lakhs in the same quarter last year. However, profit after tax fell sharply to Rs. 52.91 lakhs from Rs. 103.67 lakhs YoY, with basic EPS dropping to Rs. 1.31 from Rs. 2.57. Profit before tax declined to Rs. 64.49 lakhs, mainly because cost of materials consumed jumped to Rs. 4,410 lakhs from Rs. 1,771 lakhs a year ago. The board appointed M/s SBH & Co Chartered Accountants as the new statutory auditor for five years, replacing M/s Bharat H Shah & Associates whose term expires at the upcoming AGM. The 6th AGM is scheduled for September 29, 2025 via video conferencing, with a record date of September 22, 2025 to identify shareholders eligible for the final dividend for FY25.
Despite healthy revenue growth, nearly 50% YoY drop in PAT signals significant margin pressure that shareholders should watch closely. The auditor change is a routine completion-of-term rotation, not a red flag. The record date gives investors a clear timeline to be eligible for the FY25 final dividend.