Zinka Logistics Solutions Limited has informed the Exchange regarding Board meeting held on August 05, 2025.
BLACKBUCK · price
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BlackBuck reported strong Q1 FY26 results with consolidated revenue from operations rising about 56% year-on-year to Rs 1,436.10 million (from Rs 921.66 million in Q1 FY25). The company swung to a consolidated profit of Rs 336.96 million from a loss of Rs 28.67 million a year ago, with basic EPS at Rs 1.85 versus a loss per share of Rs 0.49. The Board also approved the appointment of B S R & Co. LLP (KPMG affiliate) as the new statutory auditor for a 5-year term, replacing Price Waterhouse, subject to shareholder approval. The 10th AGM is scheduled for September 12, 2025, and the proposed rebrand from Zinka Logistics Solutions Limited to BlackBuck Limited is awaiting shareholder approval after receiving MCA's no-objection in June 2025.
Robust revenue growth and a clear swing to profitability signal strong business momentum, likely positive for the stock. The shift to a Big Four-affiliated auditor is a neutral-to-positive governance signal, while the pending name change to BlackBuck aligns the listed entity with its consumer brand.