Outcome of Board Meeting held on 12.02.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Balgopal Commercial's board met on 12 February 2026 and approved unaudited standalone and consolidated financial results for Q3 FY26 (quarter and nine months ended 31 December 2025). On a standalone basis, the company swung back to a profit of ₹58.71 lakh in Q3 FY26 from a loss of ₹26.80 lakh in Q3 FY25, helped by other income. However, for the nine-month period, profit after tax fell sharply to ₹2.10 crore from ₹10.71 crore a year ago, while revenue from operations collapsed to just ₹2.37 lakh versus ₹55.92 lakh. The board also appointed M/s RPS & Associates as the internal auditor for FY26, accepted the resignation of Independent Director and Chairperson Mrs. Shrena Kalpesh Shah, and appointed Mrs. Rashmi Bihani as a new Independent Director. Managing Director Vijay Laltaprasad Yadav, who is also the promoter, has additionally been named Chairperson of the Board. Audit and other board committees have been reconstituted accordingly. The statutory auditor issued an unmodified review report on both the standalone and consolidated results.
Shareholders should note the steep drop in nine-month operating revenue and profit compared to last year, even though Q3 alone returned to profitability. The combining of the Chairperson role with the Managing Director/promoter role is a governance change worth tracking, though an independent director continues to chair the audit committee.