Belrise Industries Limited has informed the Exchange regarding Outcome of the Board meeting held on August 11, 2025.
BELRISE · price
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Belrise Industries' Board met on August 11, 2025 and approved unaudited Q1 FY26 (quarter ended June 30, 2025) results with an unmodified auditor opinion. Standalone revenue from operations rose to Rs. 1,797.95 crore from Rs. 1,424.73 crore in Q1 FY25 (~26% growth), while standalone profit after tax jumped to Rs. 102.53 crore from Rs. 65.83 crore (~56% growth). Consolidated revenue grew to Rs. 2,262.21 crore and consolidated PAT rose to Rs. 111.68 crore. The Board approved incorporating a new wholly owned subsidiary in India, re-appointed Mrs. Supriya Shrikant Badve as Whole Time Director for 5 years, and cleared related party transactions with promoter-group entity Badve Autocomps Private Limited along with remuneration for two related-party employees. The 29th AGM is scheduled for September 23, 2025, with a record date of August 22, 2025 for dividend eligibility.
Strong Q1 numbers show healthy top-line and bottom-line growth, likely positive for the stock. However, shareholders should note multiple related party transactions and promoter-group remuneration approvals that will require member approval at the upcoming AGM. A dividend, if declared at the AGM, would be paid on September 28, 2025.