Q1 FY27 results approved; statutory auditor resigns mid-year

Auditor Mid Year ChangeRevenue DeclineResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹7.28

prior close

₹7.36

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.6% vs market

Other Textile Products peers, median of 189sector-0.3%-0.1% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.1 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.4+0.2-0.6-0.3-0.1

Next day

-0.1+0.2-0.4-0.2+0.1

+0.1+0.4-0.2-0.2+0.3

+0.7+0.7-0.0-0.5+1.2

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+0.4+0.7-0.3-0.7+1.1

+9.8+1.2+8.6-0.7+10.5

15d

+10.0+0.7+9.3-0.8+10.9

+10.0-1.2+11.2-2.0+12.1

+0.4-1.1+1.5-3.3+3.8

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 189Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved Q1 FY27 results ended June 30, 2026. Revenue from operations at Rs 5,828 lakhs vs Rs 6,103 lakhs YoY. Net profit turned positive at Rs 359 lakhs against Rs 234 lakhs loss. EPS at Rs 0.09. Statutory auditor PKN & Co resigned citing internal restructuring, not company concerns. DTA & Associates appointed in their place. Independent Director Vinod Rana re-appointed for a second five-year term.

Likely market impact

Auditor change stems from internal restructuring at audit firm, not company concerns. Profit turnaround from prior loss is positive, revenue declined slightly.